UMUAHIA—PDP
chieftain and the man at the centre of the yet to be finally resolved Abia
State political crisis, Dr. Uche Ogah has dismissed as erroneous, the
insinuation in some quarters that he is facing a corruption case in court.
Rather, according to Ogah,
he was the person who first approached the courts to
protect the business interest of his company, Masters Energy Oil and Gas.
A
statement issued by his media aide, Mr. Kingsley Ibeawuchi, explained that the
dispute in a business between Ogah’s firm and another firm, Mut-Hass Petroleum,
dated back to 2011, when the latter allegedly approached Ogah’s firm for an oil
business collaboration, which he said was sealed and entered into after a
memorandum of understanding, MoU, was signed by the two parties. Specifically,
Ibeawuchi, explained that the business was an offer by Mut-Hass Petroleum to
Masters Energy “to sell, transfer and assign her company’s interest on the
10,000 Mt of Premium Motor Spirit (PMS) allocation for the period of second
quarter for the year, 2011, as a result of lack of funds and expertise to carry
out the transactions”. He said that the offer was considered based on a plea by
the owners of the company and a Memorandum of Understanding that was entered
into by the two firms.
“The MoU was dully signed conscientiously, on the 6th of
May, 2011 between the two firms and in her haste to get the business started,
the owner of the other firm allegedly offered to prepare a handwritten invoice
in respect of the 10,000 MT of PMS, which she said was to ensure the entire
transaction commences. “In the Memorandum of Understanding signed by both
companies, it was clearly stated that all rights, interest ,privileges,
obligations and the permit to import 10,000 Metric Tons (MT) of Premium Motor
Spirit (PMS) under the Petroleum Support Fund (PSF) Scheme for the second
quarter of the year 2011 ‘’ be” transferred to Masters Energy Oil and Gas Ltd,
and by virtue of the Memorandum of Understanding, based on those clearly spelt
out terms of the agreement, Masters Energy Oil and Gas Limited paid the total
sum of =N=26, 820, 000.00 Only (Twenty Six Million, Eight Hundred and Twenty
Thousand Naira) as full and final Consideration to Mut-Hass Petroleum Nig.
Ltd”, he explained. He went further to give the bank and the numbers of three
cheques issued by Ogah’s firm covering payment for business deal, allegedly
issued to the firm. Ibeawuchi alleged however that the other party flouted the
MoU, prompting Ogah’s firm resolved to approach the court of law in (Suit NO:
FCT/HC/2196/14) to address their grievances. He said they decided to make the
clarification so that the public would be deceived.
Source: Vanguardngr
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