Nairobi, April 20 -- Businessman Yagnesh Devani has moved to court seeking a status report on the affairs of Triton Petroleum Company, which was placed under receivership nearly 18 years ago.

In an urgent petition, Mr Devani says that the receivers and managers have failed to provide any updates or information to the company's board of directors since it was placed under receivership in December 2008.

Mr Devani, the principal shareholder of the oil company, was on the run for more than 16 years until his extradition last year.

A criminal case against him and others collapsed last October after key witnesses failed to testify.

In his petition, the tycoon argues that the receiver managers have failed to comply with statutory obligations...