A Federal High Court in Lagos will on April 13 hear contempt proceedings in a suit between the founder and former Chief Executive Officer (CEO) of HealthPlus Ltd, Mrs Bukola George, and some of the firm’s directors.
Justice Oluremi Oguntoyinbo held that the court would proceed with the proceedings against a firm, Alter-Semper and its bankers.
The judge made the ruling last Thursday in a suit marked, FHC/L/CS/609/2020.
George, the plaintiff, is seeking to stop her removal as CEO, announced by the Board of HealthPlus Ltd on September 25, 2020.
She and her husband had sold their majority shares in HealthPlus to the new investors, Alta-Semper and took a management contract.
Reacting to the ruling in statement signed by its directors Afsane Jetha and Zachary Fond, HealthPlus Ltd said: “We would like to assure all stakeholders and partners that the ruling is only a procedural ruling which did not in any way affect the substance of the dispute submitted by Mrs. George before the court, which has to do with Mrs. George’s right as a minority shareholder in Healthplus Ltd.
“We will continue to cooperate with all relevant authorities and remain committed to supporting management as it actively rebuilds the business for the benefit of all Nigerians”
Alta-Semper has a $10 million investment in HealthPlus to provide a lifeline to the firm and expand its operations.
