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Court Grants Bank Authority to Take Over Abudu Family’s Firm Over Alleged N532m Debt

Justice Deinde Isaac Dipeolu of the Federal High Court in Lagos has granted an application by Lotus Bank Limited to take over the assets both movable and immovable of Unpacked Limited (in receivership), a firm owned by Oluwafeyikemi Abudu and guaranteed by Oluwafemi Badewole.

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