News

Court sentences Obasanjo’s in-law to 7 years in prison

Justice Mojisola Dada of an Ikeja Special Offences Court has sentenced former President Olusegun Obasanjo’s in-law Dr. John Abebe to seven-year imprisonment for laundering and forgery.

Justice Dada however gave the convict an option of fine of N50million to be paid within 30days in lieu of imprisonment.

The trial judge handed the judgement after it was established that the prosecution proved its case beyond reasonable doubt and convicted him accordingly.

The Economic and Financial Crimes Commission (EFCC) arraigned Abebe, who is a younger brother to the late former First Lady, Stella Obasanjo for forgery.

The prosecution led by Rotimi Oyedepo (SAN) arraigned the convict on July 26, 2018 on a four-count charge of forgery, fabricating evidence, using fabricated evidence and attempt to pervert the course of justice before the Special Offences Court in Ikeja.

The EFCC, in the charges, claimed that Abebe “knowingly forged” a November 30, 1995 letter written by BP Exploration Nigeria Limited to Inducon (Nigeria) Limited.

The anti-graft agency claimed that the businessman “illegally inserted” into page 2 of the said letter “the following statement: “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.”

allegedly forged November 30, 1995 letter “as a fabricated evidence” in court, in Suit No. FHC/L/CS/224/2010 between Dr. John Abebe, Inducon Nigeria Limited and Statoil Nigeria Limited.

An oil company, Statoil Nigeria Limited had on June 22, 2010, accused Dr Abebe of forgery.

Statoil Nigeria Limited had alleged that the defendant forged parts of a Net Profit Interest Agreement (NPIA) dated November 30, 1995, which was drafted by British Petroleum (BP).

TruetellsNigeria

Recent Posts

Customs Contribution Crucial for Actualising Proposed Nigeria’s ₦48 Trillion 2025 Budget – Finance Minister

  The Nigeria Customs Service (NCS) has been commended for its pivotal role in boosting…

18 hours ago

Police Arrest Popular TikToker For Insulting President Tinubu, Governor Sanwo-Olu, Police Chief Egbetokun

Operatives of the Nigeria Police Force have reportedly arrested a popular Nigerian TikToker, Seaking, for…

19 hours ago

Tinubu’s Economic Policies Responsible For Over 100 Deaths In Stampedes Within One Week —Sowore

Human rights activist Omoyele Sowore says the economic policies of President Bola Tinubu's administration have…

19 hours ago

GOVERNOR SANWO-OLU DIRECTS LASTMA TO INTENSIFY NIGHT TRAFFIC MONITORING TO GUARANTEE UNHAMPERED NIGHT MOBILITY FOR RESIDENTS

  In a resolute bid to ensure unimpeded traffic flow throughout Lagos State before, during…

20 hours ago

Data Engineering: A Lifeline for Businesses Amid Economic Uncertainty- Uchenna Ogbonna

      In an era defined by rapid technological advancements and unpredictable economic shifts,…

1 day ago

WITH GLO TVCS, IT’S FELIZ NAVIDAD, NIGERIANS

Celebratory seasons, such as Christmas and New Year, are times when corporate organisations churn out…

2 days ago