Court Freezes Three Energy Firms’ Accounts Over $1.6m, N1.3bn Crude Storage Debt

THISDAYLIVE | 28-09-2026 02:03am |

The Federal High Court in Port Harcourt, Rivers State, has granted a Mareva injunction restraining three energy and logistics companies from withdrawing, transferring, or dissipating funds and assets. The affected companies are Kofa Energy Limited, Redstar Oil & Gas Limited, and Halkoff Logistics International Limited. The order was granted by Justice Stephen Dalyop Pam on Wednesday, September 23, 2026, following an ex-parte application filed by Gimbrowns Marine Security Oil and Gas Limited in Suit No. FHC/PH/CS/163/2026. The dispute arises from an alleged debt of $1.602 million and N1.314 billion related to crude oil storage and related services.

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