Five discontented stakeholders, representing minority shareholders’ interests, asked Lekoil Limited, the London-listed parent company of Lekoil Nigeria Limited, to provide details of the moves it is making to avert a potential delisting from the Alternative Investment Market section of the London Stock Exchange .
Since January, Lekoil has been stuck in a morass that triggered an upheaval in its leadership when Metallon Corporation, owner of the biggest stake in the company, All the five stakeholders who endorsed the letter are board and management team members of Lekoil Nigeria Limited. Three of them Mr Akinyanmi, Aisha Muhammed-Oyebode, and Gloria Iroegbunam were part of the board of the parent company until June when they left in a joint resignation.