NEWS: Court Allows Repossession Of Arik Air’s CRJ1000

Court Allows Repossession Of Arik Air’s CRJ1000

Federal High Court sitting in Lagos has granted Export Development Canada (EDC), a Canadian financial institution, the right to repossess and teardown the controversial CRJ1000 aircraft with registration number 5N-JEE from Arik Air’s fleet.

The court also stopped men and officers of the respondent (Economic and Financial Crimes Commission) from harassing, threatening, intimidating, detaining and threatening to arrest the applicants or its contractor over the discharge of their…

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