Wole Olanipekun & Co, the legal representatives of Dr Oba Otudeko have asked FBN Holdings to disregard a petition by Ecobank’s lawyers demanding for a rejection of 4.7 billion shares purchased by the entrepreneur.

The law firm, in a letter issued on Wednesday, dismissed claims by Ecobank that there was a supreme court judgment backing its stance that Otudeko was owing them the sum of N13.5bn

It read in part, “The sum of N13,507,052,417.99 (thirteen billion, five hundred and seven million, fifty two thousand, four hundred and seventeen naira, ninety nine kobo) stated in Ecobank’s letter is/was not contained in the Supreme Court decision or any extant Court decision in Nigeria or elsewhere.”

Details later…

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