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African Bank Sues Engineering Biz For $111M In Unpaid Debt

Gunnar Larson

15 Oct 2024 15 Oct '24
3:12 p.m.

African Bank Sues Engineering Biz For $111M In Unpaid Debt <https://www.law360.co.uk/financial-services-uk/articles/1888847?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-10-15&read_main=1&nlsidx=0&nlaidx=3> By Sophia Dourou One of Africa's largest trade banks has sued Kaztec Engineering Ltd. for $111 million, accusing the Nigerian business of failing to pay back a loan it used to acquire oil assets in the country. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1888847?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-10-15&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1888847?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-10-15&read_later=1&nlsidx=0&nlaidx=3>

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