WEMPCO executives face potential jail time for contempt in a N61.5 billion UBA debt recovery case.
In a significant legal development within Nigeria’s financial sector, nine individuals closely associated with Western Metal Products Company (WEMPCO) Limited, a prominent indigenous steel and manufacturing conglomerate, are facing the grave possibility of imprisonment. This stems from their alleged defiance of a Federal High Court order, which was intended to safeguard United Bank for Africa’s…
