• Court refuses to stop EFCC from probing oil firm linked to Diezani

    Court refuses to stop EFCC from probing oil firm linked to Diezani

    The Federal High Court in Lagos yesterday refused to restrain the Economic and Financial Crimes Commission (EFCC) from investigating an alleged suspicious payment to an oil firm, Zone 4 Energy Ltd.

    The company’s lawyer, Mr Lanre Ogunlesi (SAN) had urged Justice Abdulazeez Anka to stop the agency from inviting the company’s directors.

    Ogunlesi is representing Zone 4 Energy in a multi-billion naira debt recovery suit brought against it by First Bank Plc.

    The applicants are First Bank, First Trustees Limited and a lawyer, […]