11PLC Heads to S’Court As Bickering On Continental Hotel Sale Degenerates

Oil firm files  stay of execution  of Appeal Court’s judgment    The Asset Management Corporation of Nigeria (AMCON), Polaris Bank Limited and 11PLC have approached the Supreme Court seeking to quash the recent judgement of the Appeal  Court nullifying the sale of Lagos Contintental Hotel to 11PLC. In a statement issued yesterday, 11PLC stated that the parties appealed to the Supreme Court vide its Notice of Appeal dated December 5, 2022. The statement  signed by Samuel Ozeh, Asst. Company Secretary/Legal Adviser further disclosed that the parties have also filed a motion…

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