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Obasanjo In-law, Abebe Deny Forging Oil Contract Deal

A businessman and the brother-in-law of former President Obasanjo, John Abebe, has open his defense before a Special Offences Court, Ikeja, denying forging parts of an oil contract.

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

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

Abebe who was arraigned on July 26, 2018, is facing a four-count charge of forgery, fabricating evidence, using fabricated evidence and attempt to pervert the course of justice proffered against him by the Economic and Financial Crimes Commission (EFCC).

Being led in evidence by defence counsel, Mr Edoka Onyeke, Abebe who is the Managing Director of Inducon Nigeria Ltd and Osborne Chemical Ltd in his defence, told the court the agreement was not a forgery as alleged by Statoil Nigeria Ltd.

“In 1995 there was a lot of talk in the oil industry about Statoil wanting to sell their assets and leave the country.

“I was approached by BP in the United Kingdom and a meeting was called and held in their London office in which this particular issue was discussed between myself and BP in the UK.

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“At the end of the day, an agreement was signed between BP and my company Osborne Chemicals to work together and buy the potential stakes of Statoil assets in Nigeria.

“It is notable that the agreement is still very much alive and both companies have not cancelled that agreement.

“It was a whole five-years after that Statoil started accusing me of forging a BP document. If indeed such existed, I do not believe BP would have touched me with a one mile long pole,”Abebe said.

The defendant disputed the October 2018 testimony of Ms Joanne Cross a staff of BP Petroleum who had insisted that the document was forged.

Abebe told the court that Cross did not take part in any of the discussions between his company and BP because she was not a BP employee when the agreement was drafted.

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“I did not know who she was and I was meeting her in court for the first time after almost 30-years of my relationship with BP.

“I do not agree with her at all because two documents were signed on the same day. .

“The second document that was signed was a three-line explanation of what was already assumed in the first document which was signed.

“When I was invited by the EFCC, I made two statements, the first was rather lengthy and the second one was short.

“The second statement addressed the issue of forgery which is that there was no forgery and that has consistently been my story,” Abebe said.

The trial judge, Justice Mojisola Dada adjourned the case till tomorrow for continuation of trial.

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Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

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