TRADE MINISTER, ENELAMAH DRAGGED TO COURT OVER BREACH OF 249MIL DOLLAR OIL CONTRACT

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An oil firm, Petroleum Zion Exploration and Production Ltd, has dragged a company co-founded by the Minister of Trade, Industry and Investment, Okechukwu Enelamah, African Capital Alliance Ltd (ACA) before Justice Mohammed Idris of the Federal High Court in Lagos over alleged breach of contract, confidentiality obligations and unlawful interference with economic interests.2016_8largeimg22_aug_2016_150435514

Also sued are; PJT Partners UK Ltd, FHN 26 Ltd, Wilmington Trust (London) Ltd, Vertex Energy Ltd, Department of Petroleum Resources and Ministry of Petroleum Resources.

Others are; Simon Jonathan Appell, Daniel Imison and Ms. Catherine Williamson (who are being sued in their capacity as UK administrators of Afren UK Plc and Afren Nigeria Holdings Ltd).