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FG Opens Trial in Case Against Oil Majors Over Missing Crude Oil

LEUNA, GERMANY - JANUARY 10: The TOTAL oil refinery is seen on January 10, 2007 in Leuna, Germany. Crude oil from Russia has stopped flowing to the PCK refinery since 6:00 AM January 8 due to a row between Russia and Belarus over how much Belarus should pay for Russian oil. Initial reports claimed Belarus had turned off the flow of crude oil through the "Druzhba" pipeline as a means to negotiate a better price. German oil reserves are still substantial, though Chancellor Angela Merkel announced her country must not depend too much on one source for its energy needs. (Photo by Katja Buchholz/Getty Images)

Flies in Technical Experts and Witnesses From the USA

The Federal Government of Nigeria today, April 27, 2017, at the Federal High Court, Lagos commenced trial against one of the International Oil Companies (IOCs), Brassoil Nigeria in suit No: FHC/L/CS/2016 before Justice Olatoregun of the Federal High Court, Lagos.

At the hearing of the matter today, the team of lawyers representing the FG led by Professor Fabian Ajogwu, SAN, called two of its foreign based expert witnesses (a US based Attorney and a US based Professor of Engineering of Loumus LLC) who were examined-in-chief by a lawyer in the legal team of the FG, Mr. Ituah Imhanze and cross-examined by Mr. Abdulkareem and Mr. Tunde Fagbohunlu, SAN, Lead counsel to the Defendant. At the end of the day’s proceedings, the Court adjourned the matter to June 5, 2017 for continuation of trial.

It should be recalled that sometime in 2016, the Federal Government of Nigeria had in instituted actions in Court against some International Oil Companies (IOCs) to recover lost revenues arising from undeclared and under-declared crude oil shipments from Nigeria to different parts of the world between 2011 and 2014, starting with shipments to the United States. An ad hoc committee of the House of Representatives had in January this year, given several International Oil Companies and the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, a timeline to produce documents in respect of investigation into the $17bn worth of Nigeria’s crude oil said to have been stolen from undeclared exports between 2011 and 2014.

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Copyright 2017 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

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