Nigerian Police Force Declares Cabota Energy’s CEO, 2 Others Wanted Over Terrorism, Kidnapping, Other Crimes

Three directors of Cabota Energy Services Limited have been listed as wanted by the Nigeria Police Force (NPF) on charges of criminal conversion, conspiracy, terrorism, kidnapping, and attempted assassination.

The company’s Chairman, Obisike Uche Charles; Executive Director, Fagite Babafemi Oladipo; and Managing Director/Chief Executive Officer, Akintayo Raymond Oluwaseyi, have all been listed as wanted. The three executives are wanted by the office of the Inspector-General of Police (IGP) Monitoring Unit, Force Headquarters, Abuja, according to a police gazette that was obtained on Tuesday.

According to the publication available to BrandSpur Nigeria news today, the warrant was issued in accordance with an order in Charge No. CR: 3000X/IGP-SEC/MU/ABJ/T.2/VOL. 121/119 from the Federal High Court in Abuja. The directors were charged in a different gazette with stealing three brand-new power-generating gas plants worth more than ₦3 billion and conspiring to defraud a complainant. The plants were purportedly transferred to unidentified locations. The police also claimed that the directors planned the complainant’s kidnapping and attempted murder in an effort to silence him.

However, if the gazette is not withdrawn, the wanted executives have threatened to sue the Nigeria Police Force (NPF) for ₦10 billion in damages. The businessmen called the publication “a flagrant contempt of court” and called for a public apology and correction in a statement released through their attorneys, J.S. Agada & Co.

The directors rejected the accusations as malicious and untrue in a pre-action notice sent to the Inspector-General of Police and copied to the Police Service Commission (PSC), stating that the issue was solely commercial. They insisted that the disagreement was not a criminal offence but rather the result of a lease between two businesses. They added that the Federal High Courts in Lagos and Abuja, as well as the High Court of Kogi State, are considering several lawsuits related to the transaction. They claim that these courts have issued preservative orders instructing all parties to keep things as they are while the substantive issues are being resolved.

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According to the statement: “It is deeply regrettable that, despite pending litigation and subsisting court orders, certain individuals with ulterior motives have misled sections of the Nigeria Police Force into publishing such an injurious declaration.”

The Inspector-General of Police (IGP) Monitoring Team is presently looking into the situation criminally, according to the complainant, Viagem Energy Services Ltd. Security guards at Nnamdi Azikiwe Airport foiled the suspects’ attempt to kidnap one of Viagem Energy’s representatives in Lagos and attempt to take him to Abuja as part of an assassination plot, the company said in a statement.

Instead of a contract dispute as the suspects had claimed, it maintained that the case is criminal in nature and involves theft, fraudulent asset sales, kidnapping, and attempted assassination.