A Federal High Court sitting in Lagos on Wednesday dismissed a $55million debt recovery suit filed by the Federal Government of Nigeria against Agip Oil Company Limited.
Specifically, the FG accused Agip of under-declaring the volume of crude oil it shipped out of the country between January 2011 and December 2014.The government also asked the court to compel the oil firm to pay the said sum, with an annual interest rate of 21 percent. Delivering judgment today, Justice Olatoregun said the issue for determination was whether the Federal Government succeeded in proving its case to entitle it to a grant of the reliefs sought.
“While I do not have any evidence to suggest that it is impossible for the defendant to carry undeclared crude oil from Nigeria, i have no evidence to show that MT Cosmos carried excess 500,000 barrels of crude oil with same bill of lading,” she held
Wasting tax payers money on a case they are not well informed or prepared for,I guess they felt its Nigeria courts they can arm twist . jokers
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$55m Crude Oil shipment: Court dismisses suit against Agip – Daily TrustA Federal High Court in Lagos, on Wednesday, dismissed a 55 million dollars debt recovery suit filed by the Federal Government of Nigeria against Agip Oil Company Ltd, over insufficient evidence. The suit was filed in 2016 by FG counsel, Prof. Fabian Ajogwu, SAN, seeking to recover almost 12 billion dollars in missing crude oil …
Source: Daily Trust - 🏆 13. / 51 Read more »
Court Dismisses FG's $55m Debt Recovery Suit against Agip Oil - THISDAYLIVEJustice Mojisola Olatoregun of a Federal High Court in Lagos on Wednesday, dismissed a 55 million dollars debt recovery suit by the Federal Government against Agip Oil company over undeclared crude oil shipment. The court dismissed the suit on grounds of insufficient evidence.(NAN) Details later…
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
APC leadership Tussle : Court Dismisses Nnamani’s SuitAn FCT High Court , Nyanya on Wednesday dismissed a suit filed by Onyemuche Nnamani challenging the election of Emmanuel Eneukwu as the National Vice Chairman, South East Zone of All progressive Congress (APC). Delivering a judgment on the suit, Justice Peter Kekemeke held that intra-party disputes should be resolved by the political parties themselves […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
$1.3bn Withholding Tax: Court Dismisses AGF’s Preliminary Objection To MTN’s SuitJustice Chukwujekw Aneke of the Federal High Court in Lagos Tuesday dismissed a preliminary objection filed by the Attorney General of the Federation, Abubakar Malami (SAN) against a suit instituted by MTN Nigeria Communication Plc, challenging the legality of the N242 billion and $1.3 billion import duties and withholding tax assessment imposed on it by […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Appeal Court dismisses suit challenging Ogun Gov-elect Abiodun’s qualificationOne down .more to come Overambition makes some losers to approach court, even when they know they will still lose. See how court throws away their suits with ignominy.
Source: MobilePunch - 🏆 8. / 63 Read more »
APC leadership tussle: Court dismisses Nnamani’s suitAn FCT High Court, Nyanya on Wednesday dismissed a suit filed by Onyemuche Nnamani challenging the election of Emmanuel Eneukwu... The injustice done to okorocha will continue to hunt the party down until they amend their ways
Source: TheNationNews - 🏆 6. / 69 Read more »
Court dismisses suit challenging trial of Onnoghen - Daily Post NigeriaThe National Industrial Court, Abuja, has dismissed the suit opposing the trial of former Chief Justice of Nigeria, CJN, Justice Walter Onnoghen before the
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Court dismisses N20m lawsuits against Usher - Daily Post NigeriaThe $20 million lawsuits against popular R&B singer, Usher, has been dismissed The case was dismissed after he allegedly reached a settlement with his
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Ogun: Appeal Court dismisses case against gov-elect Abiodun – Daily TrustThe Court of Appeal in Abuja, yesterday, dismissed the appeal seeking the disqualification of the Ogun State governor-elect, Adedapo Abiodun over alleged false information. A three-member panel presided by Justice Datti Yahaya found the appeal unmeritorious.ADVERTISEMENT A lawyer, Abdulrafiu Adesina Baruwa, had appealed the decision of the FCT High Court dismissing the suit challenging the …
Source: Daily Trust - 🏆 13. / 51 Read more »
Court dismisses suit challenging Onnoghen’s trial by CCTA CJN of Nigeria; Charged Tried & Convicted on an UNVERIFIED Document!!!
Source: MobilePunch - 🏆 8. / 63 Read more »
Court dismisses suit challenging Onnoghen’s trial in CCT – Daily TrustThe National Industrial Court, Abuja, has dismissed the suit opposing the trial of former Chief Justice of Nigeria ( CJN),-Justice Walter Onnoghen before the Code of Conduct Tribunal (CCT). Peter Abang, the claimant who is also a lawyer, had instituted the suit challenging the jurisdiction of the CCT in prosecuting Onnoghen.ADVERTISEMENT At the resumed sitting …
Source: Daily Trust - 🏆 13. / 51 Read more »