July 31, (THEWILL) – The founding, immediate past Chief Executive Officer, CEO, of Seplat Energy Plc, Mr Austin Avuru, has called off the planned retirement dinner which was to feature the unveiling of his books.
The development followed an order from an Abuja High Court presided over by Justice SB Belgore on a related event.
An e-message signed by the respected oil and gas expert informed invited guests that the “event has been suspended by an Abuja High Court Injunction. Our lawyers are at work and, when we are permitted, we shall re-assemble at a later date.”
“sincere apologies to our invited guests and dignitaries for untold inconveniences and arrested expectations. Very warm regards,” the message added.
The Abuja court had issued the injunction following a motion filed by Tochukwu Peter Tochukwu, Esq. but moved by Nsikan Samuel Ekpeyong, Esq. with Motion No. M/9442/2022 dated 26th day of July 2002
The motion sought a number of reliefs which included “An order of interim injunction restraining the defendants, their privies, assigns, agents and howsoever described from proceeding to temper with the res – by taking any step geared at releasing or public presentation of the book titled – “My Entrepreneurship Journey”, A Safe Part of Hands and Politics, Economics and the Nigerian Petroleum Industry all by Austin Avuru – Founding CEO, Seplat Energy or any other book(s) on the 4th of August, 2022 or at any other date in Eko Hotels and Suites Victoria Island or any other venue pending the hearing and determination of the motion on notice.
They also sought “an Order directing the Inspector General of Police either by himself or any officer under his control or command to ensure strict compliance with the foregoing Orders.”
Since retiring as the pioneer CEO of the Nigerian independent oil company which he took public in a historic dual listing on the NSE and LSE in 2014, Austin Avuru has been the subject of media attacks by some elements in his former company, the statement alleged.
About the Author
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
