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Tag Archives: Aiteo Group

Court Quashes EFCC’s Declaration of Aiteo’s Boss, Benedict Peters as ‘Wanted’

ABUJA, Nigeria, March 23, 2018/ — A High Court sitting in the Federal Capital Territory, Abuja, Nigeria, has quashed the declaration of Executive Vice Chairman of Aiteo, Benedict Peters, as ‘wanted’ by the Economic and Financial Crimes Commission (EFCC). In a judgement given on March 22, 2017, the court stated that the anti-graft agency has no power to declare Peters …

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Nigerian High Court Grants Aiteo’s Benedict Peters Global Judgment in Rem

 The High Court sitting in the Federal Capital Territory, Nigeria has declared that earnings and assets accruing to Oil magnate and Aiteo Energy (www.AiteoGroup.com) boss, Benedict Peters were acquired legally through legitimate sources. This follows a similar ruling squashing multiple money laundering charges and bribery of election officials indictment against Mr. Peters.

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