This was contained in a statement signed by all the former Directors: Ray Ekpu, Dan Agbese, Yakubu Mohammed and Soji Akinrinade
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Court bailiffs took away the computers and other equipment of the magazine
Ibrahim and team team of Editors went ahead with the production of the newspaper on Monday night despite the court order
The EFCC beamed its searchlight on Ibrahim sequel to a complaint that he transferred the N150 million in question from the account of Newswatch to another of his investments, Nicon Investment, which is regarded as his conduit pipe
The trial judge, Justice Okon Abang, made the pronouncement while delivering judgment in a suit filed by NCL against the directors