Nigerian firm sues British company over N24bn money laundering

A Federal High Court, sitting in Lagos, yesterday granted a
Nigerian company, Nadabo Energy Limited, leave to serve court
processes on a British company, Trafigura Beheer B.V, out of
jurisdiction, and five Nigerian companies that were alleged to have
laundered N24 billion.

In a bid to recover N24billion alleged to have been laundered by
a British company, Trafigura Beeher B.V, a limited liability
company in Nigeria, Nadabo Energy Limited, dragged the said London
based company before a Federal High Court in Lagos.

Joined as co-defendants, in the suit are five Nigerian
companies: Mettle Energy &Gas Limited, Renbrant Limited, Jill
Engineering and oil Services Limited, Q&Q Control Services
Nigeria limited, General Marine, and Oil Services Limited.

In an argument before the court, the plaintiff’s lawyer Chief
Emefo Etudo, told the court that all the parties had been served,
but that there was need for the court to order all parties to
maintain status quo and be served with the court order.

In his ruling, the presiding judge, Justice Rilwan Aikawa
ordered that all court processes should be served on all the
defendants, noting that status quo be maintained and adjourned the
matter to December 15, for further hearing.

A Federal High Court, sitting in Lagos, yesterday granted a
Nigerian company, Nadabo Energy Limited, leave to serve court
processes on a British company, Trafigura Beheer B.V, out of
jurisdiction, and five Nigerian companies that were alleged to have
laundered N24 billion.

In a bid to recover N24billion alleged to have been laundered by
a British company, Trafigura Beeher B.V, a limited liability
company in Nigeria, Nadabo Energy Limited, dragged the said London
based company before a Federal High Court in Lagos.

Joined as co-defendants, in the suit are five Nigerian
companies: Mettle Energy &Gas Limited, Renbrant Limited, Jill
Engineering and oil Services Limited, Q&Q Control Services
Nigeria limited, General Marine, and Oil Services Limited.

In an argument before the court, the plaintiff’s lawyer Chief
Emefo Etudo, told the court that all the parties had been served,
but that there was need for the court to order all parties to
maintain status quo and be served with the court order.

In his ruling, the presiding judge, Justice Rilwan Aikawa
ordered that all court processes should be served on all the
defendants, noting that status quo be maintained and adjourned the
matter to December 15, for further hearing.