Arik shareholders sue FG, Ethiopian Airlines for N20bn

Shareholders of Arik Air Limited have filed a N20bn suit against the Federal Government and Ethiopian Airlines over recent claims of negotiations between them for the takeover of the airline. Our correspondent gathered that the suit instituted on September 6, 2017 at the Federal High Court, Lagos by Arik’s counsel, Mr. Babajide Koku, Mr. Chukwuemeka…

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