By EZEKIEL OB, Abuja –
The Coalition of Civil Society Organizations of Nigeria (COCSON) has defended the actions of the Pioneer Chairman and Co-founder of Seplat Energy PLC, Dr. ABC Orjiako, as regards the letter he initiated to the Federal Government to facilitate the consummation of the lingering $1.3 billion Mobi sales deal.
COCSON in a statement issued by its National President, Comrade Ikechukwu Chukwunyere, said ABC Orjiako acted within the scope of his mandate for the benefit of the company, a move which was carried out with the consent of the Company’s Boards of Directors.
Comrade Chukwunyere commended ABC Orjiako for taking necessary legal actions against some disgruntled element, who claimed to be acting in the interest of the company.
He however said: “it has become necessary to let the public be aware of the mischief of these individuals who have masked their personal interest over that of the wellbeing of Seplat, a company that has earned a notable reputation.
“Dr ABC Orjiako, the Co- founder of SEPLAT under the written authorisation of the Board of Directors of SEPLAT, had the mandate to manage certain specific stakeholders of the company in respect of the transaction which necessitated the subject communication. Due to the misinformation and mischief intended by those publications it has also become necessary to set the record straight.
“The letter referenced in the publications was written following appropriate discussions and was strictly for and in the best interest of SEPLAT. Also, the authorisation in the said letter expressly identifies Dr Orjiako as the Pioneer Chairman.
COCSON National President, therefore called on the public not to lay any credence on the so-called lawsuit and the sensational publications the Suit was filed to achieve.
“As the Pioneer Chairman and Co-founder of Seplat, Dr Orjiako has laboured for over 13 years to ensure the accomplished success story Seplat has become.”
“It is despicable to associate him with anything that causes value erosion or brings the company’s image to disrepute as was nuanced in the publications”, adding that “If anything, the letter in question is already creating value for the Company”, he said
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