BEVERLY HILLS, June 19, (THEWILL) – A Federal High Court in Lagos on Wednesday adjourned until Sept. 30, for continuation of trial in a debt recovery suit by the Federal Government against Shell Western Supply & Trading Ltd.
In the suit numbered FHC/L/CS/336/16 and filed by its counsel, Prof. Fabian Ajogwu (SAN), the government seeks to recover 406.7 million dollars allegedly deprived it through non-declaration or under-declaration in crude oil shipment.
The suit pending before Justice Mojisola Olatoregun has as defendants, Shell Petroleum Development Company Nig. Ltd. and its subsidiary, Shell Western Supply & Trading Ltd.
When the case was called on Wednesday, Mr Ituah Imahnze appearing for the plaintiff, reminded the court that the case was for continuation of trial.
Olatoregun, however, noted that the case which started in 2016 had taken too long. She blamed the situation on counsel.
She said she would adjourn the case until Sept. 30, adding that it would be the only case before the court on that day.
In the suit, the Federal Government is claiming 406.7 million dollars from the defendants, representing shortfall of money they paid into the Federal Government’s account with the Central Bank of Nigeria.
The money was said to be for crude oil lifted in 2013 and 2014.
