Nigerian Billionaire Oil Mogul, Abdulrahman Bashir, Jailed 10 Months In UK

Nigerian Billionaire Oil Mogul, Abdulrahman Bashir, Jailed 10 Months In UK

By Wires | The Trent on August 20, 2020
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Abdulrahman Bashir, a Nigerian oil mogul who is the chief executive officer of Rahamaniyya Oil and Gas Limited, has been sentenced to 10 months imprisonment in the United Kingdom.

According to news reports, in February, Justice Butcher of England and Wales High Court ruled that Bashir be imprisoned for breaching multiple orders of the court in a pending suit instituted by Sahara Energy Resources Ltd.

Rahamaniyya Oil and Gas Limited CEO, Abdulrahman Bashir
Rahamaniyya Oil and Gas Limited CEO, Abdulrahman Bashir

Those orders required Rahamaniyya Oil and Gas Ltd to comply with requests for the release of 6,400.69 metric tonnes gas oil to Sahara Energy Resource Ltd or its agent from Rahamaniyya Oil and Gas Ltd, Jetty 6.436181, Ibafon, Kirikiri Waterfront, of Aero Maritime Street, Apapa, Lagos, Nigeria (“the Terminal”).

According to the court documents obtained, Mr Bashir breached those orders by failing to allow or procure Rahamaniyya Oil and Gas Ltd or its servants or agents to allow the release of the said oil from the Terminal.

The court, however, made a binding indication that the sentence could be reduced to six months if Mr Bashir complies with the relevant order, which had previously been breached.

Rahamaniyya was, however, fined £500,000 while Adebowale Aderemi, its manager, was fined £10,000.

Source: Sahara Reporters

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