An order of Mareva injunction prohibiting all Nigerian commercial banks and financial institutions from releasing any funds or assets up to $225,802,379.69 to General Hydrocarbons Limited—the outstanding loan owed to First Bank Nigeria as of September 30, 2024—has been issued by the Federal High Court in Lagos. The court order followed a lawsuit in which … Continue reading In The Midst Of A $225 Million Debt Dispute With First Bank, General Hydrocarbons’ accounts Have Been Stopped.