John Abebe Denies Forging Oil Contract Papers

Dr. John Abebe, a businessman and brother-in-law of former President Olusegun Obasanjo, on Monday, denied before an Ikeja Special Offences Court, of forging parts of an oil contract.

An oil company, Statoil Nig. Ltd. had on June 22, 2010, accused Abebe, brother of late Mrs Stella Obasanjo, of forgery.
Statoil Nig. Ltd. alleges that the defendant 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, faces a four-count charge of forgery, fabricating evidence, using fabricated evidence and attempt to pervert the course of justice.

The charge was brought against him by the Economic and Financial Crimes Commission (EFCC).
Led in evidence by defence counsel, Mr Edoka Onyeke, Abebe who is the Managing Director of Inducon Nig. Ltd. and Osborne Chemicals Ltd., told the court the agreement was not forgery as alleged by Statoil.

“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.

Leave a Reply

Your email address will not be published. Required fields are marked *