Categories: BusinessNews

SPDC Challenges Committal Order on MD, Others….Files Stay of Execution

Pat Stevens/

The Shell Petroleum Development Company (SPDC) has challenged the committal order of a High Court of Rivers State on Tuesday sentencing the company’s Managing Director and two other senior officers of the company to prison for three months for disobeying a court order.

“We do not accept that SPDC has disobeyed any lawful court order and have accordingly appealed this judgement,” the company’s spokesperson, Bamidele Odugbesan, said in a statement.

Odugbesan said “SPDC has utmost respect for the courts and the laws of Nigeria.”

Some members of Bonny Community in Rivers State had asked the court, presided over by Justice George Omeriji to commit the SPDC officers to prison for disobeying a high court order of 2008 asking the company to forfeit the land where one of Nigeria’s biggest oil terminals, Bonny Oil Terminal, is located.

“We have appealed against the order and applied to suspend its execution pending the outcome of the appeal,” the SPDC spokesperson said.

Odugbesan explained that the said 2008 judgment was settled between SPDC and the landlord families of the land in 2014.

“An amicable resolution and settlement agreement was signed by the parties in 2014 after which SPDC paid all the rents due on the land up to 2019,” he said.

He cited a paid public notice in a national newspaper by the landlord families in 2014 acknowledging the settlement with SPDC.

The Bonny Oil Terminal is a critical national asset in which the federal government has 55 percent interest. It receives crude oil from international and local oil companies through the Trans Niger Pipeline and the Nembe Creek Trunk Line for export.

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