Eterna Plc Issues Update on the Criminal Case in Respect of Fuel Subsidy Fraud

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Monday, February 24, 2020 / 5:55 PM / By NSE / Header Image Credit: EcoGraphics

 

Eterna Plc is pleased to announce that the criminal case instituted in 2012 by the Economic and Financial Crimes Commission (EFCC) against Eterna Plc, Mahmud Tukur and several other persons has been struck out.

 

The Lagos State High Court presided over by Justice H. O Oshodi struck out the matter on the 14th day of February 2020, following an application by the Prosecution Counsel, that having reviewed the facts of the case, it will be extremely impossible to further lead evidence in the matter against the Company and its MD/CEO Mahmud Tukur.

 

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