Court Lifts Asset Freeze on General Hydrocarbons, Slams First Bank for Suppressing Facts

In a major legal victory for General Hydrocarbons Limited (GHL), the Federal High Court in Lagos has set aside a Mareva injunction that had frozen the assets of the oil and gas company and its directors in a $225.8 million loan dispute with First Bank Holdings Plc. The court, ruling on the matter yesterday, upheld [...]The post Court Lifts Asset Freeze on General Hydrocarbons, Slams First Bank for Suppressing Facts appeared first on Tekedia.

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