Seplat Energy CEO, Roger Brown
The Federal High Court sitting in Lagos has vacated the interim ex-parte order stopping Roger Brown from identifying himself as the Chief Executive Officer (CEO) of Seplat Energy Plc.
The court vacated the order on Thursday, April 6, while ruling on a petition filed by Seplat Energy, its Board Chairman, Roger Brown, and two other persons who claimed to be minority shareholders of the company, collectively holding 161 units of shares.
The company maintained that the petition lacked proper basis, adding that it was premised on false allegations.
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The court, however, adjourned the case to May 16, 2023, for continuation of hearing.
Reacting to the development, Seplat Energy said it is confident that the judicial process will address the circumstances appropriately.
The company further stated that it would continue to engage with the Ministry of Interior.
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