Updated: 9mobile:Court nullifies sale of Etisalat - The Nation Nigeria

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Updated: 9mobile:Court nullifies sale of Etisalat

A Federal High Court in Abuja has set aside the sale of telecommunication firm, Etisalat International Nigeria Limited to Teleology Nigeria Limited.

The judge held: “Any action that has been taken concerning the rest of this litigation from the 25th day of April, which is earlier in time, should revert to the position, as of the res, to its 25th day of April 2018.” Defendants in the suit are: Karington Telecommunication Ltd, Premium Telecommunications Holdings NV, First Bank of Nigeria Plc, Central Bank of Nigeria, Etisalat International Nigeria Ltd and Nigeria Communication Commission .

 

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