Court to hear Seplat Energy’s suit against 2 audit officials July 4

A Federal High Court, Abuja has fixed July 4 for hearing a suit filed by Seplat Energy Plc against two members of Statutory Audit Committee (STACO) of the company.Justice Inyang Ekwo fixed the date on Thursday after plaintiff’s counsel, Emmanuel Agwungwu, notified the court that he received a response from the defendants on June 20 and would need time to respond.The oil giant had, in a suit marked: FHC/ABJ/CS/627/2023 filed by Mathew Burkaa, SAN, sued Cheif Anthony Idigbe, SAN, the chairman of STACO, and Mr Sunday Nwosu, who is a…

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Court orders suspension of Seplat Energy Coy MD, directors, secretary

A Federal High Court, Abuja, on Thursday, suspended the managing director, directors and secretary of the Board of Seplat Energy Plc, pending the hearing and determination of motion on notice filed by three aggrieved shareholders.Justice Inyang Ekwo, in a ruling, also gave an order compelling the Securities and Exchange Commission (SEC) to constitute and appoint suitable persons to run the affairs of the oil company, pending the hearing and determination of the motion on notice filed by the shareholders.Justice Ekwo further gave an order restraining them, their agents, personal representatives,…

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