{"id":125204,"date":"2026-01-24T10:15:06","date_gmt":"2026-01-24T09:15:06","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=125204"},"modified":"2026-01-24T10:15:06","modified_gmt":"2026-01-24T09:15:06","slug":"2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/","title":{"rendered":"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In"},"content":{"rendered":"<div id=\"m#msg-f:1855147789528667084\" class=\"mail-message expanded\">\n<div id=\"m#msg-f:1855147789528667084-header\" class=\"mail-message-header spacer\" style=\"text-align: justify;\">By Lizzy Chirkpi<\/div>\n<div id=\"m#msg-f:1855147789528667084-content\" class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">A high-stakes legal battle over control of Nestoil and Neconde Energy erupted into open court at the Court of Appeal, Lagos Division, laying bare an intense struggle between creditor banks, court-appointed receivers, and the embattled board of oil magnate Ernest Azudialu-Obiejesi over who controls the companies\u2019 legal fate in a staggering US$2 billion debt dispute.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">On Friday, January 23, 2026, the Court of Appeal commenced hearing arguments on a fiercely contested application seeking to disqualify senior advocates retained by the companies\u2019 former management, following intervention by the Supreme Court after efforts to broker a settlement collapsed.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">At the centre of the dispute lies a question with far-reaching consequences for corporate governance in Nigeria: can a company alleged to be under receivership continue to engage legal counsel through its board of directors, or does that authority vest exclusively in court-appointed receivers?<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Supreme Court, on January 12, 2026, directed the Court of Appeal to conclusively determine the issue of legal representation after rival Senior Advocates laid competing claims to lawful authority over the 1st Respondent. The directive followed appeals against the appellate court\u2019s interim order of November 27, 2025.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThis Court made frantic efforts to resolve this impasse in futility,\u201d the appellate panel disclosed, noting that the apex court\u2019s order had now empowered it to confront the matter squarely.<\/div>\n<div style=\"text-align: justify;\">Court records show that the 1st Respondent\/Applicant, through Ayoola Ajayi, SAN, filed a Motion on Notice dated December 4, 2025, seeking to disqualify Dr. Muiz Banire, SAN; Kunle Adegoke, SAN; Mofesomo Tayo Oyetibo, SAN; Terna J. Yaji, Esq; Emmanuel Chuks Nwanna, Esq; and Matthew Onoja, Esq\u2014all of M.A. Banire &amp; Associates\u2014from representing the company in the appeal.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Applicant further urged the court to strike out all processes filed by the firm after December 3, 2025, contending that they were filed without lawful authority.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Relying on Sections 553 and 556 of the Companies and Allied Matters Act (CAMA) 2020\u2014particularly subsection (3) and the Eleventh Schedule\u2014Ajayi, SAN, argued that once a receiver is validly appointed, the power to appoint legal counsel rests solely with the receiver.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThe duties of a receiver expressly include the power to appoint a solicitor or other professionally qualified persons to assist him in the performance of his functions,\u201d Ajayi told the court, insisting that all actions taken by the former board after the onset of receivership were null and void.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The application, however, drew fierce opposition from Dr. Muiz Banire, SAN, whose team described the move as a deliberate attempt to silence the company\u2019s defence and cede total control to creditor banks.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In a counter-affidavit deposed to by Ifeanyi Nwosu, the General Manager (Finance) of the 1st Respondent, Banire\u2019s camp maintained that no valid receivership had crystallized and that the company remained a distinct legal entity entitled to choose its legal representatives.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cA company remains in control of its affairs unless and until a valid receivership is recognized by law,\u201d Olubukola Adeleke, Esq, submitted, relying on Inter Ocean Oil Development Co. (Nig.) v. Fadeyi (2024) and the seminal authority of Salomon v. Salomon &amp; Co. Ltd.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">She further contended that the 1st Respondent \u201cwas never sued in receivership\u201d before either the Federal High Court or the Court of Appeal, adding that court processes continued to be served at NESTOIL Towers, Victoria Island, Lagos, rather than at the address of any alleged receiver.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Beyond questions of corporate control, Banire\u2019s team anchored its defence on constitutional grounds, warning that depriving the company of its chosen counsel would violate Section 36 of the 1999 Constitution, which guarantees the right to fair hearing.<\/div>\n<div style=\"text-align: justify;\">Yet multiple court filings suggest that the contest over legal representation is merely one front in a broader and more consequential battle.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Documents reviewed by this publication indicate that Nestoil and Neconde are embroiled in a US$2 billion debt confrontation with a consortium of Nigerian banks, whose appointed receivers maintain that the companies\u2019 boards have been stripped of all operational and legal authority.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In a related ruling, court records show that the Court of Appeal has held that once receivership is imposed, the powers of a company\u2019s board are suspended, including the authority to retain external solicitors. On that basis, all processes filed by lawyers engaged by the former management after the alleged receivership were reportedly struck out as incompetent.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Industry sources say the development has significantly strengthened the position of creditor banks, granting receivers sweeping control over the companies\u2019 affairs and hastening debt recovery efforts.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Sources further disclosed that Nestoil\u2019s total exposure is alleged to exceed the minimum capital base of at least four Nigerian banks holding international licences, heightening concerns about potential systemic risk within the financial sector.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">With the Supreme Court now seized of the substantive appeal and the Court of Appeal poised to rule on the representation dispute, observers say the Azudialu-Obiejesi-led board is fast running out of legal room to manoeuvre.<\/div>\n<div id=\"m_5162526417841847364ymail_android_signature\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Lizzy Chirkpi A high-stakes legal battle over control of Nestoil and Neconde Energy erupted into open court at the Court of Appeal, Lagos Division, laying bare an intense struggle&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":124215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-125204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"By Lizzy Chirkpi A high-stakes legal battle over control of Nestoil and Neconde Energy erupted into open court at the Court of Appeal, Lagos Division, laying bare an intense struggle&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-24T09:15:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In\",\"datePublished\":\"2026-01-24T09:15:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\"},\"wordCount\":824,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\",\"name\":\"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif\",\"datePublished\":\"2026-01-24T09:15:06+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif\",\"width\":800,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/","og_locale":"en_US","og_type":"article","og_title":"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In - Pointblank News","og_description":"By Lizzy Chirkpi A high-stakes legal battle over control of Nestoil and Neconde Energy erupted into open court at the Court of Appeal, Lagos Division, laying bare an intense struggle&hellip;","og_url":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/","og_site_name":"Pointblank News","article_published_time":"2026-01-24T09:15:06+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif","type":"image\/gif"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In","datePublished":"2026-01-24T09:15:06+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/"},"wordCount":824,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/","url":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/","name":"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif","datePublished":"2026-01-24T09:15:06+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2025\/12\/Court-of-Appeal.gif","width":800,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/news\/2bn-debt-war-appeal-court-moves-to-strip-nestoil-board-of-legal-control-as-supreme-court-steps-in\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"$2bn Debt War: Appeal Court Moves to Strip Nestoil Board of Legal Control as Supreme Court Steps In"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/125204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=125204"}],"version-history":[{"count":1,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/125204\/revisions"}],"predecessor-version":[{"id":125205,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/125204\/revisions\/125205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/124215"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=125204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=125204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=125204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}