The Nigerian Police Force has exonerated a company, Cabota Energy Services Limited, and its directors of criminal allegations.
The directors cleared by the police include Dr Raymond Akintayo, Dr Babafemi Fagite and Mr Charles Obisike.
The company and its directors were alleged to have engaged in acts of terrorism, kidnapping, conspiracy and stealing.
The petition was filed by Fortunatus Osuagwu of Viagem Energy Services Limited.
However, after a thorough and diligent investigation, the police findings revealed that the dispute between the parties stemmed from a contractual relationship and did not disclose any criminal conduct.
In the interim report by the Police Monitoring Unit, dated Feb. 25, and made available to newsmen on Tuesday, it said the allegations lacked merit.
“The allegations of obtaining under false pretence, attempted assassination, kidnapping and stealing lack merit as there was no evidence to establish the alleged offences against the suspects.
“In view of the above facts, the case is entirely civil in nature as it emanated from a contractual agreement that never went through arbitration to determine any breach as contained in the lease agreement and parties have been advised to seek remedy in a civil court.”
It said the police had, therefore, taken appropriate corrective steps, including communicating with the Nigeria Immigration Service regarding the conclusion of investigation
It said the law enforcement agency also communicated with INTERPOL, through the National Central Bureau (NCB), and directed the removal of the names of the affected directors from relevant watchlists.
Responding to the development, Cabota Energy Services Limited, in a statement, commended the professionalism, diligence and commitment to justice displayed by the Nigerian Police Force, particularly the office of the I-G Monitoring Unit.
The company, in the statement issued by its Executive Director, General Services; Dr Fagite, described the investigation as “careful and impartial.”