JUST IN: Obasanjo’s in-law bags seven-year imprisonment

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Obasanjo’s in-law imprisonment: Dr. , the former president Olusegun Obasanjo’s brother-in-law, has been sentenced to seven years in prison for money laundering and forgery by Justice Mojisola Dada of the Ikeja Special Offences Court.

However, Justice Dada gave the defendant the option of a N50 million fine to be paid within 30 days in lieu of imprisonment.

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After determining that the prosecution had established its case beyond a reasonable doubt, the trial judge convicted the defendant.

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Abebe, the younger brother of the late former first lady Stella Obasanjo, was charged with forgery by the Economic and Financial Crimes Commission (EFCC).

On July 26, 2018, the prosecution led by Rotimi Oyedepo (SAN) arraigned the defendant before the Special Offences Court in Ikeja on four counts of forgery, fabricating evidence, using fabricated evidence, and attempting to pervert the course of justice.

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The EFCC alleged in the charges that Abebe “knowingly forged” a letter written by BP Exploration Nigeria Limited to Inducon (Nigeria) Limited on November 30, 1995.

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The anti-corruption agency alleged that the businessman “illegally inserted” the following statement onto page 2 of the aforementioned letter: “Also note that the ‘Buy-Out Option’ only applies to the pre-production phase of the NPIA. The $4 million buyout is therefore irrelevant to oil production in any of our fields.”

In Suit No. FHC/L/CS/224/2010 between Dr. John Abebe, Inducon Nigeria Limited, and Statoil Nigeria Limited, the EFCC asserts that Dr. Abebe attempted to “pervert the course of justice” by submitting the allegedly forged letter dated November 30, 1995 “as fabricated evidence” in court.

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Statoil Nigeria Limited, an oil company, accused Dr. Abebe of forgery on June 22, 2010.

Statoil Nigeria Limited alleged that the defendant forged portions of a British Petroleum-drafted Net Profit Interest Agreement (NPIA) dated November 30, 1995. (BP).

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