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Nairaland Forum / Nairaland / General / Politics / ALSCON: Court Reserves Ruling In N2.8 Billion Suit By BFIG (407 Views)
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ALSCON: Court Reserves Ruling In N2.8 Billion Suit By BFIG by Blue3k(m): 2:39am On Sep 27, 2017 |
The Federal High Court, Abuja, on Tuesday reserved ruling till November 6 in a N2.8 billion suit filed by BFIGroup against UC RUSAL and the Bureau for Public Enterprises, BPE, over their roles in the controversial privatisation of the Aluminium Smelter Company of Nigeria, ALSCON. Source: https://www.premiumtimesng.com/business/business-news/244247-alscon-court-reserves-ruling-n2-8-billion-suit-bfig.html |
Re: ALSCON: Court Reserves Ruling In N2.8 Billion Suit By BFIG by Blue3k(m): 2:51am On Sep 27, 2017 |
I'm betting the federal government and UC-RUSAL will lose to BFIG yet again. EFCC needs to figure out what nefarious interest federal government that has federal government grabbing it's ankles for Russian firm. The supreme court already ruled this matter. What I don't get is what ICA going to do for UC-RUSAL are they going to over rule our court. |
Re: ALSCON: Court Reserves Ruling In N2.8 Billion Suit By BFIG by Blue3k(m): 4:30pm On Sep 29, 2017 |
It's funny how delusional the federal government is on this situation. They probably won't honor the courts ruling after they lose most likely. The Federal Executive Council, FEC, at a recent meeting gave approval for the National Council on Privatisation, NCP, to pursue an out-of-court settlement of the case involving the company. |
Re: ALSCON: Court Reserves Ruling In N2.8 Billion Suit By BFIG by Nobody: 4:41pm On Sep 29, 2017 |
Ok |
Re: ALSCON: Court Reserves Ruling In N2.8 Billion Suit By BFIG by yaki84: 5:33pm On Sep 29, 2017 |
am sorry to say this, i think we need to be RECOLONISE once more. |
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