• Ecobank seeks to restrain Honeywell’s access to funds

    Ecobank seeks to restrain Honeywell’s access to funds

    Ecobank Nigeria Limited has appealed a ruling by Justice Jude Dagat of the Federal High Court in Lagos, striking out its winding-up petition against Honeywell Group Limited and its sister company Anchorage Leisures Limited.

    Justice Dagat delivered the ruling on Monday on the basis that Ecobank’s suit was an abuse of court process.

    But, Ecobank, through its lawyer, Kunle Ogunba (SAN), lodged two appeals at the Court of Appeal in Lagos against the companies on seven grounds each.

    The bank is praying the […]