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Breaking: Skye Bank takes over Obat Oil - The Eagle Online

The bank took possession of the oil company, owned by business magnate and Olugbo of Ugboland in Ondo State, Oba Fredrick Obateru-Akinruntan, on Friday. By Segun Adebowale On Nov 11, 2016. Share. Skye Bank Plc has taken possession of the tank ...and more »

Bank takes over Obat Oil's depot over alleged debt - Guardian

Skye Bank Plc yesterday took over Obat Oil and Petroleum Limited's depot at Oba F.E.O. Akinruntan Close, Beachland Estate, Apapa, Lagos over an alleged N2.1billion debt, following an order of the Federal High Court in Lagos. The bank had sought the ...and more »

Skye Bank takes over Obat Oil depot over N2.1b debt - P.M. News

A Federal High Court in Lagos has given Skye Bank Plc the legal backing to take over Obat Oil and Petroleum Ltd's depot over an alleged N2.1 billion debt. Justice Jude Dagat asked the Inspector-General of Police, the Assistant Inspector-General of ...and more »