Abuja Court Sentences Man For Defrauding NLNG Cooperative Society N700m

  By Emmanuel Udom The Economic and Financial Crimes Commission, EFCC,  Abuja Zonal Directorate has  secured the conviction  and sentence of one Jonathan Wallang   before Justice Hamza Muazu of the  Federal Capital Territory, FCT, High Court sitting in Maitama Abuja, for defrauding the Cooperative Society of the Nigeria Liquefied Natural Gas, NLNG,  the sum of…

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Debt: Court Orders Sale Of Arik Air’s Aircraft, Hangars, Other Movable Assets

LAGOS JULY 23RD (NEWSRANGERS)-An Abuja High Court has issued a major ruling mandating the sale of aircraft, hangars, and other movable assets owned by Arik Air Limited. Specifically,the court directed sale of the aircraft with the registration numbers B737-700/5N-MJF, B737-800/5N-MJQ, DASH8-Q400, and 5N-BKX. This decision comes as a result of the airline’s substantial outstanding debts…

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