Page 2 - John Abebe News Today

A lot has been said about the Steve Oronsaye’s report. I doubt whether President Muhammadu Buhari GCFR will implement any part of that report before

The Economic and Financial Crimes Commission on Monday filed an accusation of fraud against Dr. John Abebe, the younger brother of Stella Obasanjo, a former First Lady, before the Lagos State Special Offences Court in Ikeja. Abebe was charged with six counts of conspiracy, theft, and acquiring money by deception along with Kamoru Alade Oladimeji, a former head of Firstbank Plc's United Kingdom Correspondent Office.

Abebe, who was arraigned on July 26, 2018, is facing four counts bordering on forgery, fabricating evidence, using fabricated evidence and attempting to pervert the course of justice.

The trial of John Warimeme Abebe at the Special Offences Court in Ikeja, Lagos adjourned till 13 April for the adoption of written addresses.

I didn’t forge oil contract, Obasanjo’s in-law tells court On Kindly Share This Story: John Abebe, a businessman and brother-in-law of former President Olusegun Obasanjo, on Monday, before an Ikeja Special Offences Court, denied forging parts of an oil contract. The News Agency of Nigeria (NAN) reports that an oil company, Statoil Nig. Ltd. had on June 22, 2010, accused the brother of the late former First Lady, Mrs Stella Obasanjo, of forgery. Statoil Nig. Ltd. alleges that the defendant ...

Davidson Iriekpen The Supreme Court yesterday upheld the appeal filed by a Norwegian oil firm, Statoil Nigeria Limited (now Equinox Nigeria Limited), against the judgment of the Federal High Court in Lagos which ordered it to pay an indigenous company, Inducon Nigeria Limited and its promoter, Dr. John Abebe 1.5per cent net profit interest accruable to it from the three oil blocks allocated to them for bringing it to Nigeria to explore oil resources. In a unanimous decision, the apex court agre...

By Emmanuel Addeh Equinor ASA has said the Nigerian Supreme Court overturned a ruling that had threatened to divert 1.5 per cent of the company’s profits from one of the country’s largest oil fields to a former consultant. The Supreme Court decision that the lower court had no jurisdiction over the case should conclude a dispute that has played out in the West African nation for more than a decade, Equinor spokesman Erik Haaland said. “We are pleased with the court’s decision, which is ...

Equinor Says It Wins Nigeria Case Over Agbami Oil Profits William Clowes, Bloomberg News      , Photographer: Simon Dawson/Bloomberg (Bloomberg) -- Equinor ASA said the Nigerian Supreme Court overturned a ruling that had threatened to divert 1.5% of the company’s profits from one of the country’s largest oil fields to a former consultant. The Supreme Court ruling Friday that the lower courts had no jurisdiction over the case should conclude a dispute that ha...

Equinor wins decade-long court fight over Nigeria oil profits By William Clowes on 2/5/2021 (Bloomberg) --Equinor ASA said the Nigerian Supreme Court overturned a ruling that had threatened to divert 1.5% of the company’s profits from one of the country’s largest oil fields to a former consultant. The Supreme Court ruling Friday that the lower courts had no jurisdiction over the case should conclude a dispute that has played out in the West African nati...

2 Min Read LAGOS (Reuters) - Nigeria’s Supreme Court ruled in favour of Norwegian oil company Equinor in a long-running case over profit from its stake in the Agbami oilfield, a company spokesman said on Friday. FILE PHOTO: Equinors flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins//File Photo The ruling ends legal proceedings, spokesman Erik Haaland said. It alleviates more than 10 years of legal uncertainty for Equinor and gives it more flexibility in how it handles the milli...