Malabu Oil and Gasoline Restricted has rejected statements by former Vice President Atiku Abubakar on the OPL 245 dispute, insisting he has no possession stake within the firm and isn’t authorised to talk on its behalf.
In a press release, the corporate stated its possession construction is strictly outlined by Company Affairs Fee (CAC) information and isn’t linked to Mohammed Abacha or Pecos Restricted.
It added that claims by third events relating to possession have been dismissed in earlier courtroom rulings.
Malabu additionally referenced the federal authorities’s 2011 settlement over OPL 245, saying engagement has solely been with lawful shareholders.
It maintained that ongoing courtroom actions by Mohammed Abacha and others don’t confer any possession rights, and urged the general public to depend on official information in assessing the dispute
Goodness Anunobi
Times Nigeria