Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Oil firm considers legal action over graft allegations

20 October 2015, 15:03Okoro Chinedu

Lagos  – Springfield Ashburton Limited, might sue a local publication following allegations its Managing Director and Chief Executive Officer, Kevin Okyere, was corrupt.

A local online publication (name withheld), following the arrest of former Minister for Petroleum Resources, Diezani Alison-Madueke, suggested Okyere was also involved in graft.

The publication alleged links between the duo.

“(The said publication) found that a £4.5 million mansion belonging to the notable oil tycoon from Ghana, Kevin Okyere, provides a connection between him and the recently arrested former Nigerian Minister for Petroleum Resources, Diezani Alison-Madueke and her ongoing legal battles,” Springfield said.

It said such allegations were “ludicrous.”

The company said the house in question was paid for in March 2014 and the sale closed in May 2014.

It explained the first contract awarded to Springfield was in May 2014, however, the company received its first crude oil lifting in June that year, which we got paid for in July.

Also Read: PDP claims selective application of anti-graft policy

“We fail to see how a property paid for in March 2014 provides a connection to an oil contract awarded in May 2014.”

The company pointed out it started business in 2008, before Alison-Madueke became minister.

“The claims in the media that our company's success is tied to a supposed “connection” to Mrs. Alison-Madueke are preposterous.

"We have worked painstakingly over the years to build our reputation as a credible and worthy player in the oil and gas industry, and indeed we have come very far as an indigenous African company,” Springfield reacted to the media allegations.

It threatened legal action.

“Any attempt to tarnish our image with baseless allegations shall be met with appropriate legal action. Our company will not hesitate to use every legal means to protect our interests as we owe that much to our business partners, stakeholders and the general public.”

- CAJ News

Tags corruption

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...