At the centre of the dispute are majority shareholders who collectively own 65 per cent of the company and a minority shareholder, Chen Dongfeng, who they say holds about eight per cent equity but has allegedly assumed effective control of the business.
The post EXCLUSIVE: Chinese business partners battle over control of Nigerian company appeared first on Premium Times Nigeria.
The UAE intercepted numerous missiles and drones from Iran, resulting in casualties among foreign nationals. Learn about the escalating UAE-Iran conflict.
Read More: https://punchng.com/nigerians-other-nationalities-caught-in-uae-iran-crossfire/
The development was also corroborated by a chieftain of the Nigeria Democratic Congress (NDC), Marafa Tsoriyang, who said the party was monitoring the situation and would issue an official response.
