Thursday, 23 May 2013
General Electric Says It Has ‘Confidence’ in Nigerian Legal System
By SaharaReporters, New York
Days after it accused Nigeria’s judiciary of “understaffing, inefficiency and corruption,” United States business giant, General Electric (GE), has seemingly changed its mind, saying today it has confidence in the system.
In a statement, GE said it has “every confidence in the Nigerian Legal System’s ability” to resolve the commercial dispute between it and Q-Oil and Gas Services Limited (Q-Oil) in the Circuit Court of Wayne County, in Detroit, Michigan.
“GE believes that the Nigerian courts are the proper venue to resolve this dispute,” the statement said. “We believe the Michigan court lacks jurisdiction over this dispute between two Nigerian companies, neither of whom has any connection with Michigan."
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RE: Q OILS LODGED CASE IN BOTH NIGERIA & USA, GE JUST DEFENDED
Submitted by Anonymous (not verified) on December 10, 2012 - 19:28.
When I read the initial story I was suprised at how biased and misleading it was. Instead of explaining that both law suits (in Nigeria and in Michigan) were instituted by the plaintiff, Q Oils and GE was a defendant, it portrayed GE as the institutor of the USA claim. Is it because GE is a bigger brand than Q Oils and would therefore make a better headline. Or was it an honest error on the part of the writer ? I do not have the answer. That said, this story is about two companies at logger heads which happens all the time in the normal cause of doing business. Both GE and Q Oils need to sort their issues out in a court of law and not through the media. The media is not a court room and does not hand down judgements.
Whatt?
Submitted by Anonymous (not verified) on December 8, 2012 - 07:11.
I think Genersl Electric are simply kidding. Do they really know the mess in Nigerian Judiciary?
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BOLA (TINUBU???) IS A THIEF LIKE GODSWILL ( OKEKE ) AKPABIO !
Submitted by Bolaji (not verified) on December 7, 2012 - 23:36.
Bola (Bobo ) Tinubu and Godswill ( Okeke ) Akpabio are children from very low background and questionable parental (Fathers ) identities.
They are stealing their states dry, building estates everywhere. They will one day account for their ill-gotten ( blood money ) wealth!
They forget that they will leave the world the same way that they came into it - EMPTY HAND.
SHAME TO THESE THIEVES AND THEIR WIVES/ CHILDREN.
When I saw this originally I
Submitted by Broader (not verified) on December 7, 2012 - 21:37.
When I saw this originally I was somewhat perplexed. Was it a case of corporate arrogance or arrant stupidity. A company as big as GE making billion of dollars in Nigeria with many more deals lined up will go to this ridiculous extent to extinguish a claim , no matter the merits or demerits of the claim. I just thought it was curious and odd.
I'm sure a line manager somewhere in the chain will get fired or seriously reprimanded for this.
next chapter jor!
Submitted by sultanofsokoto (not verified) on December 7, 2012 - 21:06.
All involved, the Nigeria gov, judiciary and GE are damn thieves. Niaja don finish the formalities of winding it up is just taking some little more time.
GE us having a taste of it's own medicine
Submitted by Anonymous (not verified) on December 7, 2012 - 19:17.
The demons have touched GE! They are scared of losing investments here in Africa. This news is quite shocking to me. An American giant caving in to a threat from a jungle landlord! We are finished! Our justice system is the joke of the season and GE doing a backpedal must be investigated.
Emperor Tinubu
Submitted by Anonymous (not verified) on December 7, 2012 - 19:05.
About time we exposed this man and his theatrics! A cheap criminal who received 100 million dollars from Jona to sweep the west all in the name of democracy. He practically owns lagos and all it's thugs combined. This man will destroy Nigeria if we are not careful because the way we worship him is not pleasing in God's eyes! Shameless Thug who calls himself a democrat, all they do is impose their choice on us. Who the hell were they?
global boko haramites are back with their tales by moon-light
Submitted by deri (not verified) on December 7, 2012 - 17:09.
A very subtle way for SR to say we misled the public. WE are sorry! period-for was it not the same judiciary that dashed tinubu Osun and Ekiti states via Chief Salami? The same rotten court in Nigeria that discharged and acquitted Tinubu of his certificate forgery case and the matter concerning his foreign account palaba!? That is Nigeria for u-9jas who are prepared to sell their country for the green dollar bill-yet when we call on them to split the country along tribal lines -they plead for understanding--we are told its not yet time cause the oil wells are still producing! an outfit that cannot apply a sound editorial judgement in their handling of sensitives stories in praise of buhari is not worth it-But we shall be here to chase them to d hell that they belong-regardless sha!
Policy reversal
Submitted by Anonymous (not verified) on December 7, 2012 - 17:05.
Policy summersault.
General Electric is now a Nigerian Company.
You want to compare profits in Nigeria with that of America? Go to Michagan court. The Chinese companies would replace you overnight. So they just read about Ghana must go overnight. You are lucky. Business practice in Nigera is not about ethics, it's crude.
Better consult us. My mail holmes_lagos@yahoo.com, my services are free.
