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Tag: GHL

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GHL directors demand $1bn damages from First Bank, allege defamation

GHL directors are demanding $1 billion in damages from First Bank following the federal high court’s decision to lift the freezing orders on assets. GHL directors, who were adversely impacted by the ex parte freezing order, have initiated legal action globally against First Bank, seeking $1 billion in damages each for defamation and the wrongful […]

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Lagos court reverses freezing order on GHL’s assets

The Federal High Court in Lagos has lifted a Mareva injunction that had frozen the assets of the company and its directors. The court’s decision followed compelling arguments from GHL’s legal team, led by Abiodun Layonu, SAN, and Olumide Aju, SAN, who represented the second to fifth defendants in the case. Justice Dehinde Dipeolu’s ruling […]