JUST IN: Court adjourns suit against FBN Holdings indefinitely

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The Nation Newspaper JUST IN: Court adjourns suit against FBN Holdings indefinitely

the suit filed against First Bank Holdings by its shareholder, Olusegun Samuel Onagoruwa, seeking to stop the bank’s Annual General Meeting .

Counsel for the defendants, Fred Onuobia , said their application challenging the court’s jurisdiction, an application to set aside the ex-parte order made by the court, and the petitioner’s contempt application against the defendants were for hearing.He said his application was based on the appeal filed against the court’s ruling, which refused to join his client as a party.

Onuobia, in his only response, told the court that he did not oppose the CBN’s application for adjournment.

 

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