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The memo reads:“Further, to the judgement wherein the Federal High Court on the 8th of September 2021 granted preservative orders in favour of Asset Management Corporation- “AMCON, (being the Receiver/Manager of Integrated Energy Distribution and Marketing Limited); the court has appointed Mr Kunle Oqunba Esq.SAN to act as Receiver/ Manager Nominee in the receivership action.
The memo dated January 20 which was issued to members of staff noted that the company fell under receivership by a September 8, 2021, Federal High Court judgment.
“Based on the foregoing the Receiver/Manager came in today 20th January 2022 to the IBEDC Headquarters to take charge formally and subsequently met with the Management team.
“We are assured of job security which entails our position/ duties in the company, being entitlements to our salaries and other benefits etc..
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