APC governorship candidate in the September 10, 2016 governorship polls in Edo, Mr. Godwin Obaseki was yesterday accused by the PDP of literally, “stealing from a dead man”.
The accusation by the party was over Obaseki’s reported possession of the 36-million majority shares belonging to a businessman in a Nigerian company, who did not give him the power of attorney before he died a few years ago.
The late businessman, Chief Solomon Idisi who owned the majority shares in the firm of an oil services firm named, KCA Deutag, in collaboration with several German tycoons, before his transition.
It was discovered by family members who wrote the petition to the House of Representatives that the APC candidate suddenly became a majority shareholder with Idisi taking over his minority shareholder’s position.
Chairman of the PDP in the state, Chief Dan Orbih told reporters that much as Edo people commend the House of Representatives, Abuja, for holding a public hearing based on a petition from the family of the late Idisi, courtesy demands that Obaseki explain his role in the unfolding saga to Edo people, in the public interest.
Orbih said Nigerians were watching to see how the House would handle the petition, urging it to investigate Obaseki over the alleged fraudulent dealings running into billions of dollars involving real estate development against a company in which the APC gubernatorial candidate is a major shareholder.
He said, “we will not and cannot allow Edo State to fall into the hands of political adventurers…who steal from the dead…Edo people cannot entrust her destiny to fraudsters-the people have to choose between the good and the ugly; between a man of God and one who delights in misappropriating what belongs to others”.
Orbih referred to the petition titled, ‘Complaint of criminal appropriation of the sum of $16 million (N5,570, 950, 000) against the estate of the late Chief Humphrey Idisi of blessed memory’, submitted on the floor of the House on May 25, 2016 by a member, Hon. Lovett Ederin Idisi and said it was germane to Edo people at this time.
Orbih flanked by Senator Matto Urhoghide and Pastor Osagie Ize-Iyamu, the party’s flag bearer for the September polls, displayed documents from the Corporate Affairs Commission, CAC, about Obaseki’s status in the KCA Deutag.
He said of the 94 million shares being held by KCA-Deutag, Obaseki holds an amount of 36 million in the company, while “the trustees of the Nigerian people” holds 4.8 million shares, and the estate of the late Chief Humphrey Idisi holds 18 million shares.
He said the petitioner, like all Edo and Nigerians, would want to know how the shares of the late Chief Humphrey Idisi suddenly shrunk by half from 36 million to 18 million shares with Obaseki becoming the beneficiary.
The PDP leader said the position of Obaseki in the situation amounted to “the outright breach of contract entered between the estate of the late Chief Idisi and a German company called KCA-Deutag (Nigeria) for the payment of certain percentage of the day rate in all their drilling operations in Nigeria”.
“This case witnesses a further violation of certain local content provisions in our laws, especially against one of the pioneers of local content initiatives in this country besides obvious criminality herein.


Ad:See How you can turn $500 into $10,000 Click HERE For Details.
SHARE