$38m Racket Lands Oil Firm, Marine Assets and Offshore Ltd., In Trouble

Court Okays EFCC’s probe of the oil company and others, says suit instituted by the company and its General Manager, Olusegun Olaleye, lacked merit   A Federal High Court in Abuja, has dismissed a suit by oil and gas services firm, Marine Assets and Offshore Equipment Limited, to stop its investigation by the Economic and Financial Crimes Commission (EFCC). Justice Bolaji Olajuwon, in a judgment, said that the suit instituted by the company and its General Manager, Olusegun Olaleye, lacked merit. Olajuwon held that there was no merit in the…

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