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Sunday, September 25, 2022

Court orders Gam-Petroleum MD to release products meant for NAWEC

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By Bruce Asemota

Justice Ebrima Jaiteh of the High Court in Banjul has ordered the managing director of Gam-Petroleum to release the petroleum products in its custody to NAWEC.
Justice Jaiteh made this order yesterday in a ruling in the civil suit involving Massarr Sarr, Scan Africa Business Consulting Limited (plaintiffs) and PSTV Energy DMCC and Madsuldal Borggard (defendants).
It could be recalled that the High Court made an interim order attaching the petroleum products of PSTV Energy Dmcc held under the storage of Gam petroleum storage facility of which NAWEC is the beneficiary of those petroleum products.
Justice Jaiteh disclosed that it is in the interest of justice and national interest that the attached petroleum products are meant for NAWEC as the beneficiary.
He accordingly ordered the defendants; PSTV Energy Dmcc and Madsuldal Borggard to provide security in the sum of one million, seven hundred and fifty-five thousand dollars (US$1.755.000.00) and to provide one Gambian surety who must depose to an affidavit of means in like sum and enter into recognizance/bond with the Principal Registrar of the High Court.
Meanwhile, Lawyer Mai Ahmad Fatty for the plaintiffs and Lawyer Chris Mene for the defendants, consented to present oral hearing on the substantive application in October, 2022.
The trial Judge however urged the parties to settle the matter out of court.

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