General Hydrocarbons Limited (GHL) has faulted what it described as “an unlawful attempt by the Asset Management Corporation of Nigeria (AMCON) to appoint a Receiver over GHL,” citing pending court cases related to the matter.
This follows a receivership advertisement published in some national newspapers on the appointment of a receiver by AMCON for GHL’s assets.
In a statement issued on Wednesday, GHL denied owing any party to warrant being placed under receivership.