United Capital, led by Peter Ashade, faces an operational risk as the asset management and securities trading company is dragged into lawsuits that could lead to a financial loss.
Ripples Nigeria gathered that United Capital is involved in court cases that could result in the company losing N260 million.
These lawsuits are for the financial period of 2022, however, are ongoing litigations. It was learnt that the claims from the cases are more than the N152 million litigation claims against United Capital in 2021.
