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Home»Business»BPE Vs BFIG: Appeal Court Fixes Feb 5 to Hear Contempt Charge
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BPE Vs BFIG: Appeal Court Fixes Feb 5 to Hear Contempt Charge

January 21, 20200 Views
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By Tony Obiechina,  Abuja

The Court of Appeal, Abuja Division, has fixed February 5, 2020, to begin hearing in the Contempt Charge instituted against the Bureau of Public Enterprises (BPE) and the DG, Mr. Alex A. Okoh, in the case between Bancorp Financial Investment Group(BFIG) & BPE.
The Court had on Monday directed all the parties in the matter to file their brief of argument and other necessary processes before 5th February which is the next adjourned date for the hearing of the Motion Exparte.

Recall that the Federal High Court, Abuja had on 17th December 2019 ordered that the Director General (DG) BPE be remanded in prison for 30 days for contempt of Court.
The Court had ruled that Okoh’s action was disobedience to the June 6, 2012 judgment of the Supreme  Court which affirmed BFIG as the true owner of ALSCON.
The BPE immediately filed an appeal against the judgment of the lower Court and an application for a stay of execution.
In its ruling, the Court of Appeal had ordered the parties to maintain status quo till the next adjourned date of 20th January, 2020.

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