Africa Business Radio
Shell Appeals To Overturn N800bn Oil Spill Court Judgement
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:01:00
- More information
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Synopsis
Shell Petroleum Development Company will attempt to convince the Court of Appeal, Owerri Division, to upturn an N800 billion judgement against the oil giant by a Federal High Court in the state in 2020. The company however was expected to tell the appeal court that the lower court failed to listen to its argument that the oil spill claim was unsubstantiated. SPDC had appealed against the judgement and applied to suspend its enforcement. SPDC argued that the court was duty-bound to hear evidence to determine, first, if the spill occurred and the alleged cause before proceeding to fix liability and compensation, which it noted, didn’t happen in the case.