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Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil - Business - Nairaland

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Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by nlfpmod: 6:21pm On Oct 09, 2022
Federal High Court has directed 18 banks to freeze & place a PND on any Sum of money standing as credits to 3 oil & gas companies for refusing to declare total qty of crude oil sold & failure to pay royalty to govt. Their staff dey twitter dey abuse Buhari. The names are:

2: Petralon 54 limited, Tako E & P Solutions Ltd; Petralon Energy Limited. If you work there, we need money for our 2023 budget pls.

https://twitter.com/woye1/status/1579139887869353985?t=QtKNUBusyzi9Q-GDBxydkA&s=08


Court freezes 3 firms’ accounts over non-disclosure of lifted crude oil

Justice Daniel Osiagor, of the Federal High Court, Lagos, has directed 18 commercial banks to freeze and place a Post No Debt (PND) on any sum of money, standing to the credit of accounts belonging to three oil and gas companies, Petralon 54 Limited; Petralon Energy Limited and Tako E&P Solutions Limited, for their alleged failure to declare total quantity of crude sold, the amount it was sold and the royalty paid to government.

The court also ordered the 18 banks to disclose on oath, details of the amounts standing as credit balance in the respective accounts of the oil and gas companies’ accounts.

The banks affected by the court orders are; Access Bank Plc; Ecobank Bank Plc, First Bank of Nigeria Plc; First City Monument Bank Plc; Guaranty Trust Bank Plc; Jaiz Bank Plc; Keystone Bank Plc; Polaris Bank Plc; and Stanbic Ibtc Bank Plc.

Others include; Standard Chartered Bank Plc; Sterling Bank Plc; Union Bank of Nigeria Plc; United Bank for Africa Plc; Zenith Bank Plc; Globus Bank Plc; Titan Bank Plc; Providus Bank Plc and Fidelity Bank Plc.

The court order directed the above mentioned banks to file their affidavit of compliance within 14 days of receipt of the order made herein.

The court also ordered the three firms, their agents, directors, representatives and any person acting for or in trust for them, to disclose on oath the total quantity of crude sold, the amount for which it was sold, the royalty paid to government and the balance left.

Justice Osiagor made the above orders, after listened to George Duru, counsel to the applicant, Eurafric Energy Limited, who moved in terms of the Motion Exparte, of a suit marked FHC/L/CS/1686/22, filed against the three firms and Nigerian Upstream Regulatory Commission, listed as third respondent in the suit.

Meanwhile, further hearing of the suit has been adjourned to October 14, 2022 for mention

https://www.sunnewsonline.com/court-freezes-3-firms-accounts-over-non-disclosure-of-lifted-crude-oil/

3 Likes 1 Share

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by samuelgodson(m): 6:26pm On Oct 09, 2022
Everyday for the thief one day for the owner.........only problem be say thief don enjoy pass owner

12 Likes 2 Shares

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by JASONjnr(m): 6:26pm On Oct 09, 2022
And this is under Buhari the overall olodo....



God bless Peter Obi for exposing these criminals.

36 Likes 2 Shares

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Acidosis(m): 6:28pm On Oct 09, 2022
When will the Minister of Petroleum resign? 80% of Nigeria's crude stolen under his watch and no single person has resigned.

Buhari is an enemy of Nigeria.

39 Likes 4 Shares

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by SouthSouth1914: 6:29pm On Oct 09, 2022
When will court freeze this Buhari’s government?

10 Likes 3 Shares

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by newnigerdelta00: 6:29pm On Oct 09, 2022
JASONjnr:
And this is under Buhari the overall olodo....




God bless Peter Obi for exposing these criminals.




Which obi,you speak like kolo o

9 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Nobody: 6:29pm On Oct 09, 2022
Apc vibes
Make them come tell us the real truth about that illegally installed pipes
Apc government and organised crime theft

4 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Xwizard: 6:29pm On Oct 09, 2022
Good one and what about the tapped pipeline in Anambra?
Who be dem be

1 Like

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Nobody: 6:29pm On Oct 09, 2022
Media trial.Nothing happened in real terms.The subsidy thieves comes to mind.Animals swallow money una leave them.
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by dangoteinlaw: 6:30pm On Oct 09, 2022
Only in Nigeria Money will miss digitally and still can't be traced.

For your building project, Dm me for your architectural and structural drawings. WhatsApp me via number on my signature.

1 Like

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by jojothaiv(m): 6:30pm On Oct 09, 2022
The minister of petroleum resources, the minister of state for petroleum resources and all the hands at NNPC need to get the fabled love letter and have a swell time cooling it off in Kirikiri prison with the keys thrown away.

Bunch of never do gooders parading as someone who care about the masses.

A lot of the movers and shakers in our society are complicit in this case and no amount of penance will take away those sins.

5 Likes 2 Shares

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by JASONjnr(m): 6:30pm On Oct 09, 2022
newnigerdelta00:




Which obi,you speak like kolo o
Chief Nairaland olodo....
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Ulunne777(f): 6:30pm On Oct 09, 2022
Maka na Obi abohela unu ike grin

2 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Lovenorth: 6:31pm On Oct 09, 2022
Truly Nigeria is a cash cow state
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by savcy(m): 6:31pm On Oct 09, 2022
The political class has long taken this country for a ride. Businesses emboldened to flout laws because of their connection to one powerful man or the other. I don't know where the resolve to bear down on these illegal practices came from, but I hope it does continue.

5 Likes 2 Shares

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by NotKnown: 6:31pm On Oct 09, 2022
Ordinary chat wey Obi get with media don cause serious ripple.

Imagine what will happen when he becomes the president.
. Nigeria will really work out to be good.

16 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by RepoMan007: 6:32pm On Oct 09, 2022
Name the brains behind it
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by mytime24(f): 6:32pm On Oct 09, 2022
stealing and looting frm all corners
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by lonelydora: 6:32pm On Oct 09, 2022
When Buhari leaves office by next year, we will all know 80% of our problems were not caused by him.

Nigerians are fantastically corrupt.

2 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by PHARMNNAJI(m): 6:32pm On Oct 09, 2022
Peter Obi effect

4 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by AliyuMahdi9: 6:33pm On Oct 09, 2022
Peter Obi is coming.

Peter Obi is President 2023.

All.of a Sudden, the Military, NNPC and the Courts have doing what they were to do 7 years ago.


Agabado Urchins and Mikano Boys. How you have hits your today's Target and collected your Peanuts



nlfpmod:


https://twitter.com/woye1/status/1579139887869353985?t=QtKNUBusyzi9Q-GDBxydkA&s=08




https://www.sunnewsonline.com/court-freezes-3-firms-accounts-over-non-disclosure-of-lifted-crude-oil/

4 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by zombieHUNTER: 6:34pm On Oct 09, 2022
APc means Theft
kidnapping
banditry
terrorism

say no to Boko Haram APc

it's on record that all the Boko Haram detainees captured during PDP tenure have been released by Buhari and Tinubu..

it's not by chance that APc is running a Muslim Muslim ticket
it's the condition given to them by the Boko Haram...

say no to APc
stay safe out there, Bandits own the highways

5 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Onyiiobi7735(m): 6:37pm On Oct 09, 2022
SouthSouth1914:
When will court freeze this Buhari’s government?
Buhari is the worst calamity to befall Nigeria.

2 Likes 1 Share

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Houseofglam7(f): 6:37pm On Oct 09, 2022
undecided
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by iLegendd(m): 6:37pm On Oct 09, 2022
Two of my accounts can't send money out. lipsrsealed
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by DropsMic(m): 6:37pm On Oct 09, 2022
Yawn
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by membranus: 6:39pm On Oct 09, 2022
During this Buhari era, high level criminals from the North, East, West and South, with government collaborators, took over the economy of the country and ruin it, to the detriment of the innocent masses.

What a shame!!

1 Like

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by membranus: 6:41pm On Oct 09, 2022
lonelydora:
When Buhari leaves office by next year, we will all know 80% of our problems were not caused by him.

Nigerians are fantastically corrupt.

But helped by Buhari's governance incompetence.
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by Reference(m): 6:43pm On Oct 09, 2022
lonelydora:
When Buhari leaves office by next year, we will all know 80% of our problems were not caused by him.

Nigerians are fantastically corrupt.

Naso. Maybe they were caused by Goodluck Jonathan.

When it is APC's turn we have all these scientific 'discoveries' and abundance of knowledge.
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by jamace(m): 6:44pm On Oct 09, 2022
Very Good! We need strong institutions to progress in Nigeria.

5 Likes

Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by ATEAMS: 6:44pm On Oct 09, 2022
Oyyana
Re: Court Freezes 3 Firms’ Accounts Over Non-Disclosure Of Lifted Crude Oil by GreatrAnalyst: 6:44pm On Oct 09, 2022
Deception to distract.
Why is it just happening now when you guys claimed that a particular pipeline has been transporting crude oil illegally for the past 9 years?

A goverment whose minister of petroleum is same as the GCFR, who was also a military General... Under whose watch untold rip-off of highest record till date has happened?!

So much for integrity President

1 Like

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