Zenith Bank Battles Seplat Boss, ABC Orjiakor As Court Freezes His Personal Assets, Company Funds
Until he got shamed by some Nigerian banks over unpaid loans, the life of Dr. A.B.C Orjiako bloomed like a prairie dotting the promenade of acclaim. This minute, however, the world unfurls for the Chairman and Co-founder of the energy company in bleak blossom. There is no gainsaying the uncanny resemblance between him and the lead character of Anezi Okoro’s famous novel, One Week, One Trouble. Like the 1972 novel’s character, the businessman has been hugging negative spokes of the limelight in the past few months. Like a sewer rat fleeing the onslaught of an unrelenting charwoman, Orjiako is running hither, thither in the wake of an order from a Federal High Court instructing his company not to transact with him anymore. The court, sitting in Lagos blocked Seplat Energy Company from transacting with its Chairman and Co-founder, Orjiako. The oil and gas firm disclosed this on Tuesday in a statement signed by Edith Onwuchekwa, Director Legal/ Company Secretary. Justice Yellin...