Oceangate Engineering Oil & Gasoline Restricted has introduced plans to enchantment a current Federal Excessive Courtroom ruling ordering the forfeiture of sure firm property.
In a press release issued on Thursday, the Firm Secretary, Barr. Nnenna Onyeaso, careworn that neither the corporate nor its management had been discovered responsible of any wrongdoing. She described the court docket’s determination as a civil asset forfeiture order based mostly on suspicion relatively than proof, noting that no prison legal responsibility was established in opposition to the agency.
In response to Onyeaso, Oceangate has already instructed its authorized staff to file an enchantment and stays assured within the judicial course of. She expressed optimism {that a} thorough evaluate of the case would yield a beneficial consequence.
“To be clear, this ruling is a civil asset forfeiture order with no discovering of wrongdoing in opposition to Oceangate or its management,” she mentioned. “The court docket’s determination rested on a authorized customary of suspicion, not proof, and it’s one we intend to pursue totally by means of the appeals course of.”
The corporate reaffirmed its perception within the rule of regulation, emphasising that the appellate system exists to deal with such selections. Onyeaso added that Oceangate is assured the information will in the end vindicate its integrity and enterprise practices.
She additionally famous that the corporate’s operations stay unaffected, because it continues to offer employment alternatives and contribute to Nigeria’s vitality sector and broader economic system.
“We’ve got all the time believed within the capability of the judicial course of, and that perception has not wavered,” she added.
Oceangate additional expressed appreciation to its workers, companions, and shoppers for his or her continued help, assuring stakeholders of its dedication to transparency and accountability.
Reiterating its confidence in Nigeria as an funding vacation spot, the corporate described the nation as a land of fairness, development, and alternative, whereas expressing optimism that justice will prevail on the conclusion of the authorized course of.