Court vacates order sacking Seplat Energy CEO

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Seplat Energy disclosed in the Thursday statement that the five persons claim to be minority shareholders of the company, altogether...

The energy firm made this known in a regulatory filing posted to the Nigerian Exchange on Thursday.prohibiting Mr Brown from taking part in the running of the company. Hearing is to continue on 16 March, Seplat Energy said.

The judge had also granted the prayer of the petitioners, including Moses Igbrude, Kenneth Nnabike, Sarat Kudaisi, Ajani Abidoye and Robert Ibekwe, requesting that Mr Omiyi and all independent non-executive directors be disallowed from running the company’s affairs “in an illegal, unfairly, prejudicial and oppressive manner pending the hearing and determination of the petitioners’ motion on notice for interlocutory injunction.

 

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