Ecobank’s Suit Against Honeywell Will Have To Wait As Court Suspends Proceedings

Nairametrics| A Federal High Court sitting in Lagos, yesterday, suspended further proceedings in a suit filled by Ecobank Nigeria Limited seeking to recover an alleged N5.5billion debt from Honeywell Flour Mills Plc.

Trial judge, Justice Mohammed Aikawa in his ruling, held that he would prefer to await the outcome of appeals in the case pending at the Supreme Court.

According to him, it was not advisable to continue with the case since Honeywell was praying the Supreme Court to dismiss it, adding that it will amount to an academic exercise if he goes ahead to hear and determine the case and the Supreme Court ends up dismissing it. Justice Aikawa refused a prayer by the respondent’s counsel, to continue with the case.

Vanguard originally reported the story