Nigerian businessmen, Kola Aluko and Jide Omokore, have urged the Federal High Court in Lagos to stay further proceedings in a suit filed against them by the Federal Government to recover an alleged debt of $1.8bn.
The court, presided over by Justice Oluremi Oguntoyinbo, had last year made a mareva injunction freezing the defendants’ assets both at home and abroad pending the determination of the suit.
The Federal Government sued Aluko and Omokore, who are allies of a former Minister Petroleum Resources, Mrs. Diezani Alison-Madueke, alongside their companies, Atlantic Energy Drilling Concepts Nigeria Limited and Atlantic Energy Brass Development Limited.
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