Judge Mojisola Dada of a special court in Ikeja sentenced former President Olusegun Obasanjo’s brother-in-law, Dr John Abebe, to seven years in prison for money laundering and counterfeiting.
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However, Judge Dada gave the convict the option to pay a fine of 50 million naira within 30 days instead of imprisonment. The trial judge delivered his verdict after determining that the prosecution had proven his case beyond a reasonable doubt and sentenced him accordingly.
The Economic and Financial Crimes Commission (EFCC) indicted Abebe, the younger brother of the late First Lady, Stella Obasanjo, on charges of forgery.
The prosecution agency headed by Rotimi Oyedepo (SAN) indicted the defendant on July 26, 2018 on four counts of tampering, tampering with evidence, using fabricated evidence and attempting to falsify due process. trial at the Ikeja Special Crimes Court.
The EFCC, in the charges, alleges that Abebe “intentionally falsified” a letter dated 30 November 1995 written by BP Exploration Nigeria Limited to Inducon (Nigeria) Limited. The anti-corruption agency claims that the businessman “illegally inserted” on page 2 of the aforementioned letter “the following statement: ‘Also note that the ‘buyback option’ applies only to the pre-production stage NPIA’s $4 million acquisition therefore has nothing to do with oil production in any of our fields.
According to the EFCC, Dr Abebe also attempted to “pervert the course of justice” by presenting the allegedly forged November 30, 1995 letter “as fabricated evidence” in court, in Case No. FHC/L/CS/224/2010. between Dr. John Abebe, Inducon Nigeria Limited and Statoil Nigeria Limited. An oil company, Statoil Nigeria Limited, on June 22, 2010, accused Dr. Abebe of forgery.
Statoil Nigeria Limited alleged that the defendant falsified parts of the Net Interest Agreement (NPIA) of 30 November 1995, drafted by British Oil (BP).