AMNI receivership clarification: Company denies appointment of receiver, confirms normal operations and ongoing appeal over limited court administrator order
AMNI International Petroleum Development Company Limited has clarified reports suggesting the appointment of a Receiver-Manager over the company, describing such claims as materially misleading.
Also read: Petroleum Ministry opposes decommissioning bill
In a statement, AMNI explained that a Federal High Court order relates only to a limited appointment of an Administrator for specific purposes linked to an alleged indebtedness.
The company emphasised that full managerial control has not passed to any third party.
The Chairman noted that the scope, validity, and effect of the appointment are under appellate review. AMNI has filed applications for stay of execution and injunctive relief before the Court of Appeal, which remain pending.
The company warned that public statements implying finality or control risk creating a misleading impression. “Such representations do not reflect the true legal position,” the statement said.
AMNI is actively contesting the underlying commercial disputes, including questions regarding corporate authority and prior approvals.
The company confirmed that it continues to operate normally, fulfilling all regulatory, contractual, and operational obligations.
For clarity, AMNI highlighted that:
An appeal has been duly filed.
Applications for stay of execution and injunctive relief are pending.
The legal validity, scope, and effect of the administrator appointment are actively challenged.
Allegations concerning unauthorized approvals and corporate authority are disputed.
The company advised stakeholders that the matter is sub judice and subject to final judicial determination.
Also read: Nigeria refined petroleum hub vision gains strong govt backing
AMNI reaffirmed its commitment to protecting its rights and assets while appellate proceedings are resolved.
Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.
