The Federal High Court sitting in Lagos has granted Export Development Canada (EDC), a Canadian financial institution the right to repossess and teardown the controversial CRJ1000 aircraft with the registration number: 5N-JEE from the Arik Air’s fleet.

The court also stopped the men and officers of the respondent (Economic and Financial Crimes Commission) from harassing, threatening, intimidating, detaining and threatening to arrest and the applicants or its contractor over the discharge of their lawful civil obligations to take custody, control and teardown of the aircraft.

These were contained in a certified true copy of a judgment delivered by Justice Alexander Oluseyi Owoeye on November 27, 2024 in a suit number: FHC/L/CS/1141/2024 between Samuel Caulcrick,  Isiaka Oyeshina Akinfenwa (applicants) Vs Economic and Financial Crimes Commission (EFCC) as respondent

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.

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