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Home Companies Corporate Updates

Sahara Energy Resource Limited clarifies false media report in Pointblanknews.com

NM Partners by NM Partners
July 17, 2020
in Corporate Updates
Sahara Energy Resource Limited clarifies false media report in Pointblanknews.com
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The attention of Sahara Energy Resource Limited (“SERL”) has been drawn to a false and misleading media report initially published by the online news portal, Pointblanknews.com on July 15, 2020 under the headline: “How Late Abba Kyari Illegally Shared $200million From $1.099billion Oil Bloc Money To Sahara Energy”, which has also been re-hashed in other online media publications.

The said report makes unfounded allegations and cites apparent falsehoods from unnamed sources in what can only be best described as a sponsored smear campaign.

The report cites several false statements including a statement to the effect that an executive director of SERL- Mr Tope Shonubi has an amount of approximately $400million kept in trust for late Kyari.

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The report also falsely reports a statement that “…in May 2016, officials of the EFCC raided the Lagos and Abuja offices of Sahara Energy carting away several computers and documentary evidence of the deals, according to Pointblanknews.com sources at the anti-graft agency”.

READ ALSO: Sahara Group plans to acquire Total’s stakes in three African refineries

For the avoidance of doubt, we would like to state for the record that the allegations in the report are baseless, unfounded and a deliberate attempt to mislead the public. SERL categorically denies any illegal alliance with Mr. Mamman Daura or the Late Mr. Abba Kyari or indeed any other political appointees as alleged and the above listed individuals do not have, have never had and have never been promised any inducements or interests whatsoever by or in SERL or any of its affiliates.

It is on record that SERL, a Sahara Group company, is one of the foremost indigenous operators in Nigeria’s oil and gas sector with a sterling pedigree spanning over two decades with demonstrable and impeccable governance, integrity, service excellence and good corporate citizenship.

It is important to note that this recent publication is not the first of its kind by way of smear campaigns against SERL by pointblanknews.com. SERL had in the past instituted legal action against pointblanknews.com and its owners and secured judgment against it for publishing false and defamatory information about the company. Please click here for more details.

For the benefit of our stakeholders and other counterparts across the globe, we have a duty to set the record straight in view of the aforestated false and misleading report by pointblanknews.com and subsequently by other online publications.

We thus urge members of the public to disregard the report in its entirety.

Sahara Group continuously promotes transparency in business, working and supporting global stakeholders including the United Nations Private Sector Advisory Group and the World Economic Forum Partnering Against Corruption Initiative (PACI). We remain committed to the principles of good governance, best practice and service excellence that have successfully driven the Sahara Brand in the last two decades – across its locations in Africa, Asia, Europe, and the Middle East.

 


EDITOR’S NOTE: This is a sponsored content.


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Tags: abba kyariPointblanknews.comSahara Energy Resource LimitedSERLTope Shonubi
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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