Justice A. M Lawal of the High Court of Lagos State in Ikeja has asked the Lagos Chapter Chairman of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Fatuyi Phillips, to approach the Alternative Dispute Resolution (ADR) department of the Court and amicably settle with the Claimants.
It would be recalled that the NOGASA boss was dragged before the judge by a businessman, Solomon Akinjo for fraudulent conversion and breach of contract to the tune of #43,000,000.00.
The case with the suit number ID/ADR/2105/2022, between Solomon Akinjo and two Ors V Oceanview Oil and Gas Company and Anor, came up before Justice Lawal for the first time on Thursday, October 27, 2022.
The Claimants’ counsel, Isaac Amos had notified the Court that the lawyer to the Defendant, Austin Ogbodo, called to inform him that he would be absent in Court.
However, the judge, after taking submissions from counsel to the Claimants, referred the matter to the ADR centre of the Court for amicable settlement.
The Claimants are specifically asking the Court for the following claims against the Defendants:
A declaration of the Honourable Court that the Defendants’ failure to adhere to, and fulfil, their obligations under, the agreement between the parties is wrongful and amounts to a breach of contract.
A declaration of the Honourable Court, that the Defendants’ act of making false representations to the Claimants that they have the capacity to help with the outsourcing of the supply Dollars after the payment of Naira equivalent is wrongful and amounts to false representation.
A declaration of the Honourable Court that the Defendants’ refusal to repay the Claimant the sum of ₦43, 502, 000.00 (Forty-Three Million, Five Hundred and Two Thousand Naira) only is wrongful, illegal and amounts to a breach of the Contract between the parties.
An order of the Honourable Court, directing the Defendants to immediately refund the payment of the sum of ₦43, 502, 000.00 (Forty-Three Million, Five Hundred and Two Thousand Naira) only to the Claimants’ account.
Twenty-one percent (annual) interest on the judgment sum from September 2016 until the execution of the Judgment.
Cost of this action accessed at ₦2,000,000.00 (Two Million Naira) only.
An order of the Honourable Court directing the Defendants to pay damages in the sum of ₦20,000.000.00 (Twenty Million Naira) only to the Claimants’ account immediately.
Such further or other orders that would in the circumstances of this case do justice to our Claimants’ cause.
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