until the judgment debt of 15,900,000.00 USD is raised. That the Respondent in defiance of the Court Order sold 780,000 metric tons out of 800,000 metric tons from the stock of iron ore. That in furtherance of the execution of its judgment, the Court entered into an agreement with Messrs Investment and Finance Corporation and sold the remaining 20,000 tons of iron ore at USD200, 000.00. The Court entered into another agreement with the same Messrs Investment and Finance Corporation and sold an estimated stock of 20,000 tons of iron ore which were scattered around the initial 20,000 tons for the sum of USD 300,000.00. That the Respondent frustrated this sale by imposing stringent tax clearance requirements and delay tactics making it impossible to export the cargo. The Applicant further aver that the Court became aware of the Respondents intention to sell the remaining 20,000.00 tons which the Court had already sold to Messrs Investment and Finance Corporation. Consequent upon this, the Court issued an injunction restraining the Respondent from doing so. That the Respondent, in total disregard of the injunctive order went ahead, sold and delivered approximately 17,000 tons of iron ore which was earlier on sold by the Court to Messrs Investment and Finance Corporation. That by a letter dated 12th November, 2009, the Respondent through its Attorney General and Minister of Justice admitted the entitlement of the Applicants to the Judgment sum of USD15,900,000.00 and made proposal to liquidate same but has up till the time of filing this application refused to pay to the Applicant the Judgment debt. The Applicant states that the judgment sum of USD 15,900,000.00 is their property and the Respondent’s failure to pay the judgment sum is a violation of their right to property as enshrined under the ACHPR. On the 30th of November 2015, the Respondent filed a preliminary objection to the Applicant’s initiating application. The Respondent narrated the facts of the contract 3