‘Chevron-owned firm has case to answer’



Buy Cheap MTN, Glo, 9Mobile, Airtel Data/Airtime VTU Services

SIZE VALID YOU PAY BUY
1GB 30DAYS ₦295 BUY
2GB 30DAYS ₦595 BUY
3GB 30DAYS ₦895 BUY
5GB 30DAYS ₦1495 BUY
BUY CHEAP VTU SERVICE

‘Chevron-owned firm has case to answer’

By Robert Egbe



A Federal High Court in Lagos has declined to stop the Federal Government from demanding that an oil and energy firm, Star Deep Water Petroleum Limited, explain its role in an alleged missing crude oil revenue scandal.

Justice Rilwan Aikawa dismissed the firm’s preliminary objection against the government’s suit on the ground that it lacked merit. Star Deep Water Petroleum Limited is a Chevron Nigeria Limited’s subsidiary.



Justice Aikawa, in a ruling on October 11, 2019, which was obtained by The Nation yesterday, held that there was sufficient cause of action against the firm, as claimed by the Federal Government.

The judge ordered the company to answer the case against it.

He adjourned till December 5 for trial.

This suit is among several instituted by the Federal Government in 2016 seeking to recover almost $12 billion in missing crude oil revenue from some international oil companies (IOCs).

The government, through its counsel, Prof Fabian Ajogwu (SAN), averred that the revenue was lost following undeclared and under-declared crude oil shipments from Nigeria to different parts of the world between 2011 and 2014.

In one of the suits, the government sought to recover $69 million from Chevron Petroleum Nigeria Limited.

It filed the suit against Chevron Nigeria Limited and Chevron Petroleum Nigeria Limited, as first and second defendants.

The government also filed similar suits against Total E&P Nigeria Plc, Agip Oil Company Limited, Brasoil, Shell Western Supply & Trading Limited, among others.

‘Chevron-owned firm has case to answer’

Share this On


Buy Cheap MTN, Glo, 9Mobile, Airtel Data/Airtime VTU Services

SIZE VALID YOU PAY BUY
1GB 30DAYS ₦295 BUY
2GB 30DAYS ₦595 BUY
3GB 30DAYS ₦895 BUY
5GB 30DAYS ₦1495 BUY
BUY CHEAP VTU SERVICE

Leave a Comment