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Nigerian investor vows to challenge Dubai court judgement

1 week ago 16

From Romanus Ugwu, Abuja

founder of Rahmaniya Group, Abdulrahman Bashar, has described the recent judgement given against him by a Dubai Court as a pressure tactic to threaten his reputation and business and has vowed to challenge it.

Dubai court had sentenced Abdulrahman to one year in prison for an alleged financial crime involving his dealings with an oil and gas firm, CE Energy Company.

The UAE court gave the verdict on 30 January 2025 in Abdulrahman’s absence without the opportunity to properly defend that allegations.

While claiming that he is innocent and taking steps to overturn the decision, Abdulrahman revealed that he is working with Global law firm HFW to achieve this.

He expressed confidence that the Dubai Courts will overturn the judgment once his defence is considered, noting: “We refer to the criminal proceedings and recent judgment issued in the criminal courts against Mr. Bashar on 30 January 2025. First and foremost, Mr Bashar rejects any allegations of criminality.”

“There are several ongoing civil disputes between CEE and Mr. Bashar. The criminal proceedings have, in our view, been filed against Mr. Bashar as a pressure tactic in the context of the Commercial Proceedings, to threaten Mr Bashar’s reputation and business. Mr. Bashar will take all available steps available to him to challenge the judgment,” he said.

Abdulrahman further alleged that CEE had used similar heavy handed litigation tactics in the commercial proceedings, including seeking a Worldwide Freezing Order (the WFO) from the English Court against him.

He said: “The WFO was successfully challenged and discharged. CEE’s appeal to the Court of Appeal was also rejected. The English Court recognised the futility of CEE’s tactics.”

It is worthy of note that Abdulrahaman is currently doing his legal business in Nigeria and not in any prison as presumed.

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