Nigeria, Sept. 25 -- The Federal High Court in Lagos has issued an order barring any actions against General Hydrocarbons or its assets over a debt incurred by Atlantic Energy Drilling Concept Nigeria Limited.
The court directed the restraining order at the Asset Management Corporation of Nigeria (AMCON), its managing director, First Bank of Nigeria (FBN) Limited and the Attorney General of the Federation (AGF), who are all sued in a new suit filed by General Hydrocarbons.
The court also issued an order barring the four defendants from taking any steps or continuing any moves to enforce any rights against the energy firm or its assets.
The rights, the court said, include "but not limited to freezing the accounts of the applicant, its d...
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