Tuesday, May 11

Contempt: Diamond Bank, Shell Directors In Trouble

A Federal High Court sitting in Lagos South West Nigeria has granted Unity Bank PLC judicial authority to commence, issue and serve committal proceedings (FORM 48)against, Directors of Diamond Bank Plc and Shell Petroleum Development Company of Nigeria (SPDC).for intentional disobedience of the order of the court.

The affected Directors are: Chairman,Board of directors of Diamond bank Mr Chris Ogbeche, Managing Director /Chief Executive Officer, Diamond bank Mr Uzoma Dozie, Deputy Managing Director, Diamond bank, Caroline Anyanwu.

Managing Director, Nigeria Shell Petroleum development company, SPDC Mr Osagie Ogunbor, Vice -president SPDC, Mr. Peter Costello, and Director SPDC Simbi wabote.

Persons to be cited named above are in charge of the day to day administration and management of the two organisations

Leave a Reply

Your email address will not be published. Required fields are marked *

Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/gqbzggmy/public_html/wp-includes/functions.php on line 4757