Nigerian oil mogul jailed in the UK

Abdulrahman Bashir, Nigerian oil mogul and the CEO of Rahamaniyya Oil and Gas Limited has been jailed in the United Kingdom.

He was sentenced by Justice Butcher of England and Wales High Court after he was found guilty of breaching multiple orders of the court in a pending suit instituted by Sahara Energy Resources Ltd.

Bashir was handed a 10 months jail sentence and was ordered to comply with requests for the release of 6,400.69 metric tonnes gas oil to Sahara Energy Resource Ltd or its agent from Rahamaniyya Oil and Gas Ltd, Jetty 6.436181, Ibafon, Kirikiri Waterfront, of Aero Maritime Street, Apapa, Lagos, Nigeria (“the Terminal”).

This was in line with the deal Ultimate Oil and Gas, the trading arm of Rahamaniyya Oil in the Dubai Multi Commodities Centre (DMCC), entered into a deal with Sahara Energy in 2018.