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    Court stops FG, EFCC from crippling AITEO operations

    CourtThe Federal High Court, Abuja, on Friday, restrained the Federal Government from taking steps that may cripple the operations and freezing the accounts of AITEO Eastern E & P Company Limited.
    Justice Gabriel Kolawole made the order after he entertained an ex parte motion filed by Mike Ozekhome (SAN) on behalf of the company.
    AITEO, a Limited Liability Company, is a major player in the upstream sector of the Nigeria’s oil industry.
    It is also a joint operator of Oil Mining Lease (OML) 29, an asset which is jointly owned by the firm and the Federal Government through the NNPC, which subscribes 55 per cent of the said asset.
    The ex-parte application is seeking an order of interim injunction restraining the defendants from interfering with or obstructing the business operations of the company.
    The defendants in the case are Attorney-General of the Federation and Minister of Justice (AGF) and the Economic and Financial Crimes Commission (EFCC).

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