The Chairman of Ocean Marine Security Limited, an off-shore asset
protection company, Capt. Hosa Okunbor, has denied media reports that he
was involved in the controversial offshore processing agreements, OPAs,
known as oil swap, involving former Minister of Petroleum, Mrs. Diezani
Allison-Madueke and others.
Okunbor said the media report that he was involved in the deal which
the former Minister and others were being investigated for by the US
Department of Justice was false and misleading.
In a statement by his Media Assistant, Olanrewaju Anjolaoluwa, Capt
Okunbor said: “it is another highly falsified report establishing a link
between me and the on-going investigations of the controversial
offshore processing agreements by a U.S. jury.
“For the umpteenth time, the online media feasted on blatant
falsehood and outright lies in relation to my business dealings. As this
falsehood is being assisted with the ubiquity of social media, it is
becoming increasingly clear that maintaining silence further will be
misconstrued for consent
“I had believed the media would stop such malicious reports but sheer
laziness and unprofessionalism on the side of some bloggers have
sustained the tautological misrepresentation of the contract that formed
the basis for the first publication. Ocean Marine Solutions, OMS
Limited, was contracted by the NNPC to provide security coverage for the
crude oil transportation because of its longstanding sterling
reputation in maritime security.
“This became imperative after NNPC had offered PPP Fluid Mechanics
Limited (his indigenous procurement and oilfield services company) a
contract to transport crude from Escravos to Warri Refinery when it had
become highly uneconomical to transport crude oil between these
locations through the pipeline in view of government’s huge expenditure
of about $121 million for the maintenance and repairs of the
Escravos-Warri broken crude oil pipeline.”
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