Investment of trust funds

Related decisions

• FASEL SERVICES LTD. & ANOR. V. NIGERIAN PORTS AUTHORITY & AN (2003)→

  Court

  Court of Appeal (Abuja Division)

  Judgment date

  30 January 2003

  Summary of the Nigerian appellate case Fasel Services Ltd. v. Nigerian Ports Authority addressing issues of illegal contracts and trustee investment.

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  • Locus standi→
  • Originating summons→
  • Statutory interpretation→
  • contract enforceability→
  • defence of illegality→
  • ex facie illegality→
  • illegal contract→
  • investment of trust funds→