Wednesday, August 19, 2020

Nigerian oil mogul jailed in UK

A Nigerian oil mogul and the Chief Executive Officer of Rahamaniyya Oil and Gas Limited, Abdulrahman Bashir, has been sentenced to 10 months imprisonment in the United Kingdom.

In February, Justice Butcher of England and Wales High Court ruled that Mr Bashir be imprisoned for breaching multiple orders of the court in a pending suit instituted by Sahara Energy Resources Ltd.

“The basis of the sentence was that Mr Bashir had committed continuing breaches of the order of Mr Justice Robin Knowles of 1 August 2019 and of the order of Mr Justice Bryan of 6 September 2019,” the judge said.

Those orders required Rahamaniyya Oil and Gas Ltd, of which Mr Bashir is the CEO and controller, to comply with requests for the release of 6,400.69 metric tonnes gas oil to Sahara Energy Resource Ltd or its agent from Rahamaniyya Oil and Gas Ltd, Jetty 6.436181, Ibafon, Kirikiri Waterfront, of Aero Maritime Street, Apapa, Lagos, Nigeria (“the Terminal”).

Mr Bashir breached those orders by failing to allow, or procure Rahamaniyya Oil and Gas Ltd or its servants or agents to allow, the release of the said gas oil from the Terminal,” court documents obtained by Premium Times read.

The court also gave a binding indication that the sentence could be reduced to six months if Mr Bashir complies with the relevant order which had previously been breached.

Rahamaniyya was fined £ 500,000 while Adebowale Aderemi, its manager, was fined £ 10,000.

3 comments: