Since the Abia State governorship tussle between Okezie Ikpeazu and Uche Ogah started, it appears heaven was let loose with all manner of unfair judicial comments on a matter squarely before courts of competent jurisdiction. We have seen and read all manner of opinions, viz. legal, “illegal”, and political.
The article published by Eze Chikamnayo on Monday August 8, 2016 titled, ‘God has used Abia Crisis to Expose Ogah’ should have been ignored by all, as the writer succeeded while trying to attack Ogah, in exposing his ignorance of the law which cannot be an excuse in Nigeria and at the same time confirmed that his master, Okezie Ikpeazu, submitted tax documents to INEC on oath that are questionable. This rejoinder became necessary to set the record straight so that some people would not rely on the false information of the writer as gospel.
For the record, here is the true position of things as narrated by Barrister Ubani who is representing Ogah in court. Masters Energy Oil and Gas Ltd, Uche Ogah’s company, had a business relationship with one Mrs. Bridget Adeosun. She had an allocation to import petroleum into the country but had no financial capacity to carry out the business.
She approached Masters Energy to buy her allocation and they told her that they had enough allocation and did not need any such allocation but she begged and cried raising all manner of sentiments, including pleading poverty, suffering and lack of financial assistance as her husband was incapable due to ill health. Shortly thereafter, the husband died and she pleaded with Ogah, who in his characteristic manner gave her the sum of about N5million to enable her bury her husband.
After the burial, she came back pleading again and if you know the character of Uche Ogah, you will understand why her proposal to sell her allocation to Masters Energy was accepted and a Memorandum of Understanding was executed including Account Opening Documents in the bank wherein signatories were appointed to the knowledge of all parties to the transaction. She was given the full sum of the purchase price by cheque and she signed personally as having received the full sum for the sale of the allocation.
She cashed her money (we have all the evidence yet Chikamnayo claimed we have only photocopies because it was all forged). Masters Energy carried out the importation and incurred a loss in the transaction, but that was no longer the business of the seller as she was not liable for the profit or loss of the business. Later on, Masters Energy applied for dollar differentials to the Debt Management Office of the Federation and they agreed to pay the sum of about N51 million.
Since the cheque would be written in the company’s name of Mrs. Adeosun as NNPC does not recognise third party payment (NNPC deals only with the name of the company that initially secured the allocation), Mrs. Adeosun developed interest in the N51million differentials and applied to UBA which has the account of the transaction to be an ‘A’ signatory in order to withdraw the money whenever it was paid into the bank.
Masters Energy got wind of the fraudulent move and took steps to block it. Part of the measures they took was writing to the Debt Management Office not to issue the cheque in the name of the company of the woman and they also went to a Federal High Court Abuja and got an interlocutory order that the said sum should not be paid into the account of the woman’s company but that the sum should be paid into an interest yielding account of the court pending the final determination of the suit as to who owns the money.
SOURCE:VIA THIS DAY
The article published by Eze Chikamnayo on Monday August 8, 2016 titled, ‘God has used Abia Crisis to Expose Ogah’ should have been ignored by all, as the writer succeeded while trying to attack Ogah, in exposing his ignorance of the law which cannot be an excuse in Nigeria and at the same time confirmed that his master, Okezie Ikpeazu, submitted tax documents to INEC on oath that are questionable. This rejoinder became necessary to set the record straight so that some people would not rely on the false information of the writer as gospel.
She approached Masters Energy to buy her allocation and they told her that they had enough allocation and did not need any such allocation but she begged and cried raising all manner of sentiments, including pleading poverty, suffering and lack of financial assistance as her husband was incapable due to ill health. Shortly thereafter, the husband died and she pleaded with Ogah, who in his characteristic manner gave her the sum of about N5million to enable her bury her husband.
After the burial, she came back pleading again and if you know the character of Uche Ogah, you will understand why her proposal to sell her allocation to Masters Energy was accepted and a Memorandum of Understanding was executed including Account Opening Documents in the bank wherein signatories were appointed to the knowledge of all parties to the transaction. She was given the full sum of the purchase price by cheque and she signed personally as having received the full sum for the sale of the allocation.
She cashed her money (we have all the evidence yet Chikamnayo claimed we have only photocopies because it was all forged). Masters Energy carried out the importation and incurred a loss in the transaction, but that was no longer the business of the seller as she was not liable for the profit or loss of the business. Later on, Masters Energy applied for dollar differentials to the Debt Management Office of the Federation and they agreed to pay the sum of about N51 million.
Since the cheque would be written in the company’s name of Mrs. Adeosun as NNPC does not recognise third party payment (NNPC deals only with the name of the company that initially secured the allocation), Mrs. Adeosun developed interest in the N51million differentials and applied to UBA which has the account of the transaction to be an ‘A’ signatory in order to withdraw the money whenever it was paid into the bank.
Masters Energy got wind of the fraudulent move and took steps to block it. Part of the measures they took was writing to the Debt Management Office not to issue the cheque in the name of the company of the woman and they also went to a Federal High Court Abuja and got an interlocutory order that the said sum should not be paid into the account of the woman’s company but that the sum should be paid into an interest yielding account of the court pending the final determination of the suit as to who owns the money.
SOURCE:VIA THIS DAY
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