Event breaking within the corridors of Nigeria’s energy giant, SEPLAT Energy PLC, are quickly assuming a dangerous dimension.Event breaking within the corridors of Nigeria’s energy giant, SEPLAT Energy PLC, are quickly assuming a dangerous dimension. The intrigues being initiated by the dramatis personae are upping the ante with rapid acceleration.
At the same time, the same group petitioned the Ministry of The Interior to the effect that the immigration documents of Mr Brown should be repudiated with immediate effect in the best interest of Nigeria. Needless to say, the group succeeded in obtaining an ex-parte judgment to the effect that Mr Brown was suspended from acting as Seplat CEO.
The worrisome intrigues spiked by the recent Suit No FHC/AB/CR/149/2023 instituted by the Federal Government, against Seplat Energy, Mr Brown , Independent Non-Executive Directors Dr Charles Okeahalam, Mrs Bashirat Odunewu, Prof Fabian Ajogwu, Mr Rabiu Bello, Ms Emma Fitzegerald and the Company Secretary, Mrs Edith Onwuchukwu appears to be stoking the embers of a dying fire. The defendants are being accused of four criminal offences purported to be in breach of Nigerian Immigration Act, 2015.
Another issue is why bring these charges after you have already expelled the man and not before? Conviction on the charges ought to have been the grounds for expulsion. How does this epic story help Nigeria’s quest for Foreign Direct Investments, which recent reports say has nose-dived from an average of twenty-five billion dollars to five billion per annum this year? How does this episode help the corporate governance and ease of doing business perception index of our dear country?