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Freezing of our bank accounts a temporary setback —Sani Dangote’s Dansa Foods, Bulk Pack assure stakeholders

By News Express on 08/09/2014

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The Management of Dansa Foods Limited and Bulk Pack Services Limited, over the weekend, assured their customers and other vendors of stability in their operations despite last week’s court order freezing the company’s bank accounts.

Company Secretary and Legal Adviser to Dansa Foods Limited, Mohammed Shitu Jibril, described the court’s interim injunction as a temporary setback. “Our lawyers are taking appropriate steps to address our various dissatisfactions with the order of the court and the actions filed by the bank,” he said.

News Express recalls that Justice Okon Abang who made the order last week, in a ruling, said it subsists till September 11, 2014, when the court would entertain the applications in the suit brought by Union Bank Plc against Sani Dangote and his companies.

Describing the situation as a phase that will soon be a thing of the past, Jibril appealed for understanding and calm, noting that all the parties will soon sit down to look at the issues raised and reach an amicable solution that will be suitable to all.

•Photo shows Dansa Foods Limited and Bulk Pack Services CEO, Sani Dangote.

Source News Express

Posted 08/09/2014 11:48:22 AM


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