The chandlers said the Navy has refused to release the vessels affected by the judgment given under competent courts of law, setting itself above the laws of the land; and constituting unnecessary impediments to trade, with wrong signals to the international community that may be interested in investing in the nation’s maritime industry.
He explained that this ugly episode is capable of eroding investors confidence in the economy, adding that the development has impacted negatively on the activities of chandlers and vessel owners, some of whom he claimed have succumbed to health challenges, induced by the attack on their businesses.He said, “When security agencies make arrests, we expect that such actions are based on factual violations.
“Some owners are already very sick, this is their lifetime business, some are owing banks, some have various obligations to fulfil, and somebody somewhere is appropriating the law unto itself. So this is where we are, the Navy submitted self to the jurisdiction of the court, but after the judgment that was not in her favour, the authority has disregarded the court.”
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