Connect with us

NEWS

Obasanjo’s In-Law Sentenced To Seven Years Imprisonment

Published

on

Dr. John Abebe, the brother-in-law of Nigeria’s ex-President Olusegun Obasanjo, has been sentenced to seven years in prison for money laundering and forgery.

The ruling was handed down on Saturday by Justice Mojisola Dada of the Ikeja Special Offences Court with the option of paying a fine of N50 million within 30 days in lieu of imprisonment.

Dr. John Abebe, who is the younger brother of the late former First Lady Stella Obasanjo, was arraigned by the Economic and Financial Crimes Commission (EFCC) in court on charges of forgery.

During the trial, the EFCC presented evidence that Dr. John Abebe had “knowingly forged” a letter from BP Exploration Nigeria Limited to Inducon Limited, dated November 30, 1995.

Based on the evidence presented, the trial judge concluded that the prosecution had proven its case beyond reasonable doubt, and subsequently convicted Dr. Abebe.

On July 26, 2018, Dr. John Abebe, was first arraigned by the Economic and Financial Crimes Commission (EFCC) on four counts related to forgery, fabricating evidence, using fabricated evidence, and attempting to pervert the course of justice.

One of the counts reads: “That you, Dr. John Warimeme Abebe, on or about the 22nd day of June, 2010 in Lagos, within the jurisdiction of this Honourable Court, knowingly forged BP Exploration Nigeria Limited’s letter dated 30th November, 1995 to Inducon (Nigeria) Limited by inserting in page 2 of the said letter the following words:

“Also note that the ‘Buy-Out Option’ only applies to the pre-production stage of the NPIA. The $4m buy-out is thus irrelevant from production of oil in any of our fields” and purported same to have been issued by BP Exploration Nigeria Limited and committed an offence contrary to Section 467 of the Criminal Code Cap C17, Law of Lagos State of Nigeria 2003.”

Another count reads: “That you, Dr. John Warimeme Abebe, on or about the 22nd day of June, 2010 in Lagos, within the jurisdiction of this Honourable Court, knowingly used a fabricated evidence in Suit No. FHC/L/CS/224/2010 between Dr. John Abebe, Inducon Nigeria Limited and Statoil Nigeria Limited, before the Federal High Court, which evidence was admitted and marked exhibit BB in the said suit and committed an offence contrary to Section 120 (2) of the Criminal Code Cap C17, Law of Lagos State of Nigeria 2003.”

Abebe however  pleaded not guilty to the charges preferred against him.

 

 

 

 

 

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NEWS

JUST IN: Justice Adeyeye, Ekiti State’s CJ Passes On

Published

on

 

The Chief Judge of Ekiti State, Hon Justice Oyewole Adeyeye has passed on.

The news of his passing was leaked by a reliable source under the condition of anonymity.

The sad incident, according to the source, happened in Ado Ekiti in the early hours of Tuesday.

His death is being traced to a sickness which came upon him following the injury he sustained when a section of the Ekiti State High Court Complex, Ado Ekiti wall collapsed in July 12, 2023.

ALSO READ: #EndBadGovernance Protests: Tinubu Orders Release Of Detained Minors

The late Justice Adeyeye was at the office when the building collapse happened and sustained injuries.

While the state and his family were yet to issue statements on his demise, the Ekiti State Chapter of the Association of International Female Lawyers (FIDA) has sent condolences to the family.

The condolences message read: “With deep sorrow in our hearts and in total submission to the will of God, FIDA Ekiti consoles with the family of the Chief Judge of Ekiti State, Hon Justice Oyewole Adeyeye on his call to glory.

“May He find rest with his maker.

“I pray that God grants the family, the Judiciary and the people of Ekiti State, the grace to bear this irreparable loss.

Adieu great one.”

Justice Adeyeye was born 1960 in Araromi Ugbesi in Ekiti East Local Government of Ekiti State and was called to bar in 1986.

He started his career as a State Counsel in the civil service of the then Ondo State before joining the Ekiti State Judiciary Service Commission shortly after the state was created in 1996.

He was promoted to the position of a judge in the state’s high court in 2002 and has served at different occasions in the election petition tribunal.

Continue Reading

NEWS

BREAKING: Court Drops Charges Against 76 #EndBadGovernance Protesters

Published

on

A Federal High Court in Abuja has dismissed all charges against 76 individuals accused of participating in the nationwide #EndBadGovernance protests.

The ruling came after the Attorney General of the Federation (AGF), Lateef Fagbemi, moved to discontinue the case under orders from President Bola Tinubu.

READ MORE: N1.3trn Fraud: EFCC Arrests Ex-Delta Gov, Ifeanyi Okowa

Justice Obiora Egwuatu, presiding over the matter, struck out the charges after hearing a motion from the AGF’s representative, Director of Public Prosecution of the Federation (DPPF) Mohammed Abubakar.

Citing Section 174 of the 1999 Constitution, the AGF formally took over the case from the Inspector General of Police, then requested to drop all charges against the defendants, many of whom are minors.

The judge granted the AGF’s application without objection from defense counsel, ordering the immediate release of the accused, who were not present in court.

This decision follows a directive issued on Monday by President Tinubu, instructing the AGF to withdraw charges against the protesters.

 

 

 

 

More to follow………. 

 

Continue Reading

NEWS

Fuel Pricing: PETROAN Accuses Dangote Refinery Of Monopoly

Published

on

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over alleged monopolistic practices by Dangote Refinery, following a public dispute about fuel pricing in the downstream petroleum sector.

Recall that the refinery, Africa’s largest, recently disclosed its petrol pricing at N990 per litre in trucks and N960 per litre into ships, a move it justifies as being in line with international rates.

READ MORE: Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes

PETROAN, however, sees this as an attempt to suppress competitors and dominate the Nigerian market.

The rift began when Dangote Refinery claimed that complaints from marketers regarding its pricing were fueled by intentions to import cheaper, potentially substandard products.

In response, PETROAN strongly rejected these allegations, suggesting that Dangote’s claims are tactics designed to maintain a monopoly in the sector.

Joseph Obele, PETROAN’s spokesperson, stated that the association remains committed to importing high-quality products at more competitive rates to ensure affordability for Nigerian consumers.

According to PETROAN, competition in the market is essential for achieving fair pricing, and any attempt to stifle it would be detrimental to consumers.

They argue that Dangote Refinery’s pricing should reflect production costs and fair margins rather than international benchmarks, especially given concessions granted by the government for the refinery’s establishment.

PETROAN also announced its plans to partner with foreign refineries and financial backers to import premium-quality petroleum products at prices below current rates.

The association aims to enter the market by December 2024, pending necessary regulatory approvals.

“The allegations that PETROAN will import substandard products are unfounded and aimed at creating an unfair playing field,” the statement read.

PETROAN warned that similar claims in the past had led to significant price hikes when competitors were pushed out, emphasizing that the entry of new players into the market would lead to more competitive pricing and ultimately benefit Nigerian consumers.

PETROAN expressed appreciation for President Bola Tinubu’s commitment to revitalizing Nigeria’s state-owned refineries and urged the government to consider privatizing the Port Harcourt and Warri refineries once rehabilitation is complete.

The association believes a transparent privatization process will help strengthen Nigeria’s downstream sector and counter monopolistic tendencies.

To address the ongoing pricing challenges in the sector, PETROAN called on the government to convene a comprehensive meeting of industry stakeholders, including major associations like IPMAN, DAPPMAN, MEMAN, NUPENG, and PENGASSAN.

PETROAN believes that collaboration among these groups will be instrumental in establishing a sustainable and competitive pricing framework for petroleum products in Nigeria.

 

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.