Alleged Diversion Of Crude Oil: AITEO Asks Court To Commit 2 Banks To Prison

A Federal High Court in Lagos has fixed March 2 to rule on whether to first hear an application challenging its jurisdiction or committal proceedings against 2 banks for disobeying its order to freeze the accounts of Shell Petroleum Development Company, SPDC. Justice Oluremi Oguntoyinbo fixed the date after hearing arguments of lawyers in the case on which application should be heard first. AITEO Eastern E & P Company Ltd through its counsel, Kemi Pinheiro SAN had filed form 48 as provided under the Sherrif and Civil Process Act to initiate contempt proceedings against the banks and its officials. Pinheiro

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