Ondo Indigenes Claim N3.1 Trillion Damages From Shell, Secure Court Order Against Oil Firm
The indigenes also secured a Mareva Order from a Federal High Court against the oil firm and four oThe indigenes also secured a Mareva Order from a Federal High Court against the oil firm and four others.
he court retrained the company from disposing of its assets pending the case hearing. Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
Justice T.B Adegoke of the Federal High Court, Akure, Ondo State, has restrained the Shell Petroleum Development Company of Nigeria Limited and four others from selling, allocating, vandalizing, and or disposing of any of their assets pending the hearing and determination of a suit filed against them where indigenes of Ugbo-Ilaje, Ondo State claim N3.1 Trillion in damages from Shell Petroleum Development Company of Nigeria Limited and secured a Mareva Order against the oil firm.
