Our attention has been drawn to recent articles published in various online and print media and more particularly on Sahara Reporters website on the 25th and 26th of July, 2012 relating to the ongoing fuel subsidy probe and arraignment of Ontario Oil and Gas Limited (the Company) and its directors by the Economic and Financial Crimes Commission (EFCC), for alleged complicity in relation to the offence of conspiracy, obtaining money by false pretence and forgery.<\/p>\n
In reaction to the said articles and without prejudice on the ongoing investigation and criminal charges filed against the Company and its directors , we wish to state clearly that the Company and all of its directors refute all the baseless and unfounded allegations contained in the various media publications and for the record state as follows:<\/p>\n
\u2022 The Company specifically denies that it ever handed over any sum of money whether US$300,000,000 (Three Hundred Million Dollars) or any sum whatsoever to any public official towards the campaign for election of President Jonathan in 2011.<\/p>\n
\u2022 That the Company or its directors never purchased any property for any federal minister, in Abuja or any other state of the Federation worth N600,000,000 (Six Hundred Million Naira) or any other sum whatsoever.<\/p>\n
\u2022 That none of the Directors is in possession of and\/or aware of any private jet purportedly purchased or being held in trust for any public official.<\/p>\n
\u2022 That the Minister of Niger Delta Affairs is not and has never been a director of Ontario Oil and Gas Limited or any of its affiliates.<\/p>\n
Whilst we appreciate the obligations of the press to circulate information on topical issues, we believe this obligation should be carried out with utmost ethical standards and should not allow itself to be used for any character assassination by disgruntled persons.<\/p>\n
Ontario Oil and Gas Limited as a general rule does not engage in any political alliance nor does it involve itself in any issue relating to the press. However, we have chosen to respond to the Sahara Reporters article in other to clarify the series of incorrect and misleading allegations
\nagainst our Company and its directors.<\/p>\n
Our Company is law abiding and remains fully committed to meeting its obligations. We therefore use this opportunity to assure our partners, clients and general public that we remain dedicated to utmost ethical standards in carrying out our Company\u2019s objectives and would appreciate your support in this trying time.<\/p>\n
Koye Edu |Managing Partner
\nJACKSON, ETTI & EDU
\n3-5 Sinari Daranijo Street,
\nOff Ajose Adeogun,
\nVictoria Island,
\nLagos, Nigeria<\/p>\n","protected":false},"excerpt":{"rendered":"
Our attention has been drawn to recent articles published in various online and print media and more particularly on Sahara Reporters website on the 25th and 26th of July, 2012…<\/p>\n","protected":false},"author":1,"featured_media":2345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-2344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pointblanknews-investigations"],"yoast_head":"\n