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Rivers State Government Slams SAIPEM SPA, 6 Others 16 Count Charge on Contract Scam

By Our Reporter
The Rivers State Government has arraigned Saipem SPA, Saipem Contracting Nigeria Limited their Managing Director, Walter Peviani and 4 others on a 16 Count Charge bothering on conspiracy, fraud, obtaining credit by false pretences, cheating contrary to sections 518 (6) and (7), 419 (A) (1) (b), section 421 of the Criminal Code Law of Rivers State, Cap 37 Vol. 2 Laws of Rivers State of Nigeria 1999 respectively as well as several attempts to defraud and or obtain credit by false pretences before a Rivers State High Court holden in Port Harcourt in CHARGE NO. PHC/3106/CR/2021 THE STATE V. SAIPEM SPA & 6 ORS.
It was gathered that the RSG has given a Fiat to Chief Godwin Obla SAN, George Adeyemi, Esq and John Eche Okpe, Esq of OBLA & CO to prosecute the Defendants.
The Matter is slated for mention on Friday the 26th day of November 2021.
Charged alongside the duo are their Managing Director Walter Peviani and other major officers including Kelechi Sinteh Chinakwe, Giandomenico Zingali, Vitto Testaguzza and David Anelli who are charged amongst others for the offence False Statements by Officials of Companies contrary to and punishable under section 436 (b). other heads of charges are: CONSPIRACY contrary to Section 518 (6) and (7) and punishable under Section 518; OBTAINING CREDIT OF $130 Million USD BY FALSE PRETENCES OR OTHER FRAUD contrary to Section 419A and punishable under Section 419 (A) (1) (b); OBTAINING CREDIT OF $20,467,942.00 BY FALSE PRETENCES OR OTHER FRAUD contrary to Section 419A and punishable under Section 419 (A) (1) (b); OBTAINING CREDIT OF N7,000,000,000.00 (Seven Billion Naira only)BY FALSE PRETENCES OR OTHER FRAUD contrary to Section 419A and punishable under Section 419 (A) (1) (b); OBTAINING CREDIT OF N318,640,173.54 BY FALSE PRETENCES OR OTHER FRAUD contrary to Section 419A and punishable under Section 419 (A) (1) (b); ATTEMPT TO CHEAT $97 Million USD contrary to Section 508 and punishable under Section 509; ATTEMPT TO CHEAT $15 Million USD contrary to Section 508 and punishable under Section 509; CONSPIRACY TO RECEIVE CREDIT OF $97 Million BY FALSE PRETENSE contrary to Section 518 (6) and punishable under Section 518; CHEATING $11 Million USD contrary to Section 421 and punishable under Section 421; CHEATING contrary to Section 421 and punishable under Section 421; CHEATING N110, 097, 416.51 contrary to Section 421 and punishable under Section 421; CHEATING by collecting sums attributable to shared facilities already paid for in AFAM Phase I in AFAM Phase II contrary to Section 421 and punishable under Section 421; CHEATING N20, 467, 942 contrary to Section 421 and punishable under Section 421; OBTAINING CREDIT OF $60,168,936.00 BY FALSE PRETENCES OR OTHER FRAUD contrary to Section 419A and punishable under Section 419 (A) (1) (b); OBTAINING CREDIT OF $1,512,034.00 BY FALSE PRETENCES OR OTHER FRAUD contrary to Section 419A and punishable under Section 419 (A) (1) (b) all of the Criminal Code Law of Rivers State, Cap 37 Vol. 2 Laws of Rivers State of Nigeria 1999.
From the Proof of Evidence attached to the Charge and the Statement made by one Mr. Temple Azunda M. the Head, Power Generation/Mechanical of the Rivers State Ministry of Power the facts constituting the case in hand are as follows:
Saipem SPA and Saipem Contracting Nigeria Limited and other officers of the duo, herein the Defendants, are Italian companies which services have been retained by the Rivers State Government, herein RSG, in several projects, prominent amongst which is the AFAM Phase II Power Plant Project.
By an initial tripartite agreement made on the 20th January 2010 the RSG under the auspices of the Rivers State Ministry of Power entered a contract with Saipem Contracting Nigeria Limited, Saipem SPA for the construction of the OGCT power plant in Port Harcourt at a total cost of $119 Million USD consequent upon which the Rivers State Government made advance payments, in installments, to Saipem Contracting Nigeria Ltd and Siapem SPA amounting in total to a sum of $130 Million USD in all which the Defendants have acknowledge receipt of.
The Defendants were to be given an initial mobilization of 20% of the total contract sum which the RSG paid. It was part of the initial agreement – and indeed a condition sine qua non – that, to access the 2nd tranche of payment of 25% from the Rivers State Government, the Defendants would mandatorily have installed the Gas Turbine into the foundations as referenced in ATTACHMENT 1 to VO 007 which states that:
CONTRACTOR shall be entitled to a payment corresponding to Twenty percent (20%) of the VO No. 007 LS PRICE upon mobilization to Site and commencement of bush clearing activities at SITE. Upon commencement of bush clearing activities at SITE, CONTRACTOR shall issue the invoice relevant to the above payment and OWNER shall pay such invoice within 14 days from its issuance. The PARTIES agree that no deduction for recovery of advance payment shall apply on the payment due the CONTRACTOR for invoices issued by CONTRACTOR in accordance to this paragraph.
CONTRACTOR SHALL BE ENTITLED TO A SECOND ADVANCE PAYMENT CORRESPONDING TO TWENTY-FIVE PERCENT (25%) OF THE VO 007 LS PRICE UPON INSTALLATION OF GAS TURBINE INTO FOUNDATIONS, provided that where such vent is delayed, due to OWNER’S default, beyond 6 months from commencement of the work, CONTRACTOR shall increase the value of the APG above (as reduced in accordance to this article) for an amount corresponding to twenty five (25%) of the VO No. 007 LS PRICE. Upon increase of the APG value, CONTRACTOR shall issue the invoice relevant to the above advance payment and OWNER shall pay such invoice within 5 days from its issuance.
By various pieces of correspondence misrepresenting facts to the RSG the Defendants have received by false pretences a total sum of $130 Million USD which they have acknowledged in a correspondence to the Rivers State Government Ministry of Power. This is $11 Million USD in excess of the total contract sum while the contract is still at a preliminary stage only.
To worsen matters, the installation of the turbines in the foundation which is a mandatory precondition for the access the second tranche of payment of 25% of the total contract sum has not been done.
In fact, the RSG is aware that the turbines which it had bought and the transport cost of which has already been paid to the Defendants are lying in a seaport in the Netherlands and have accumulated demurrage of about $8 Million USD which the Defendants insist must be defrayed by the RSG.
The proof of evidence additionally reveals that the construction and maintenance of the camp site at Afam was included in the initial costs for the construction of AFAM Phase I Power Project making the camp site property of the RVSG. In AFAM Phase II the same camp site was used to siphon funds belonging to RVSG by the Defendants who charged for their use of the camp site and passed the costs to RVSG and charged the state for and other camp related uses in respect of the property of same.
In a bid to have the project completed for the benefit of the people of Rivers State, the RSG leaned backwards and conceded and paid another N7 Billion to the Defendants since December 2013 on the condition that the Defendants would import the turbines and install them in the foundations.
The Defendants collected the money and still refused against all remonstrance to keep to their obligation under the contract.
The Defendants, especially the 2nd Defendant herein have in spite of their clear infractions of the terms of the contract audaciously purported to revoke the contract with RSG and demanded the sum of about $97,000,000.00 to enable it return to site to complete the obligations for which they have been fully paid – and even in excess – in accordance with the contract.
The RSG has played the Defendants dirges and the Defendants would not mourn; played them a flute and they would not dance.
All entreaties in that behalf having fallen on deaf ears, the project which is meant to be for the benefit of the people of Rivers State has become, as a result of the Defendants’ obduracy, a white elephant project, into which scarce public funds have been sunk with no results at all.
News
“Nigeria’s Biggest Ever Coalition, Civil Groups, Professionals, Labour, Artisans, Declare for Bola Tinubu”
In what is being described as an unprecedented political development ahead of the 2027 general elections, a broad-based national coalition cutting across civil society organisations, professional bodies, labour groups, artisan associations, and other grassroots networks has announced plans to formally endorse President Bola Ahmed Tinubu for a second term in office.
The coalition, spearheaded by the Coalition of Civil Society Organisations in Nigeria, COCSON, now extends far beyond the traditional civic space, bringing together over 1,500 groups from diverse sectors of the Nigerian society. Participants include human rights organisations, medical and legal professionals, trade and artisan unions, community-based organisations, and influential labour leaders, reflecting a wide national spread and multi-sectoral backing.
The historic convention is scheduled to hold on May 17, 2026, where leaders and representatives of the various groups are expected to converge in what organisers say will be the largest endorsement gathering in Nigeria’s history. The event will serve as the official platform for the coalition to collectively declare support for President Tinubu’s re-election bid.
In a major demonstration of grassroots mobilisation, the coalition also revealed plans to submit a compiled total of 20 million signatures of Nigerians who have endorsed the President’s candidacy. The signatures, gathered through extensive nationwide engagement, are being positioned as a clear indication of public support cutting across regions, professions, and social strata.
Organisers of the event stated that the decision to back President Tinubu is driven by what they described as tangible strides in economic reforms, governance, and national stability. They emphasised that the inclusion of non-traditional actors such as artisans, market groups, and labour unions underscores a broader national consensus that transcends the usual civil society framework.
Political analysts say the scale and diversity of this coalition mark a significant shift in Nigeria’s political landscape, where support structures are no longer confined to political parties and elite stakeholders but are increasingly driven by a fusion of grassroots and professional constituencies.
As momentum builds towards the May 17 convention, observers are keenly watching how this expansive alliance will shape political narratives and influence voter sentiment in the lead-up to the 2027 elections.
Further details on the convention and breakdown of participating groups are expected to be unveiled in the coming days.
In what is being described as an unprecedented political development ahead of the 2027 general elections, a broad-based national coalition cutting across civil society organisations, professional bodies, labour groups, artisan associations, and other grassroots networks has announced plans to formally endorse President Bola Ahmed Tinubu for a second term in office.
The coalition, spearheaded by the Coalition of Civil Society Organisations in Nigeria, COCSON, now extends far beyond the traditional civic space, bringing together over 1,500 groups from diverse sectors of the Nigerian society. Participants include human rights organisations, medical and legal professionals, trade and artisan unions, community-based organisations, and influential labour leaders, reflecting a wide national spread and multi-sectoral backing.
The historic convention is scheduled to hold on May 17, 2026, where leaders and representatives of the various groups are expected to converge in what organisers say will be the largest endorsement gathering in Nigeria’s history. The event will serve as the official platform for the coalition to collectively declare support for President Tinubu’s re-election bid.
In a major demonstration of grassroots mobilisation, the coalition also revealed plans to submit a compiled total of 20 million signatures of Nigerians who have endorsed the President’s candidacy. The signatures, gathered through extensive nationwide engagement, are being positioned as a clear indication of public support cutting across regions, professions, and social strata.
Organisers of the event stated that the decision to back President Tinubu is driven by what they described as tangible strides in economic reforms, governance, and national stability. They emphasised that the inclusion of non-traditional actors such as artisans, market groups, and labour unions underscores a broader national consensus that transcends the usual civil society framework.
Political analysts say the scale and diversity of this coalition mark a significant shift in Nigeria’s political landscape, where support structures are no longer confined to political parties and elite stakeholders but are increasingly driven by a fusion of grassroots and professional constituencies.
As momentum builds towards the May 17 convention, observers are keenly watching how this expansive alliance will shape political narratives and influence voter sentiment in the lead-up to the 2027 elections.
Further details on the convention and breakdown of participating groups are expected to be unveiled in the coming days.
News
How ISWAP killed Army Col. Six others in Borno.
☆☆☆As Troops Foil Series of Ambushes.
Troops of the Nigerian Army under operation Hadin Kai have foiled a series of ambush by suspected members of the Islamic State West Africa Province (I SWAP) terrorist along the Monguno in Borno state.
Islamic state of West Africa province (ISWAP) have attacked the Nigerian army from Monguno 242 Battion Barrack in Borno State on their way to reinforce the camp.
A serving Nigerian Army Colonel was reportedly killed in an ambush by insurgents in Monguno, Borno State, during a reinforcement mission
Source added said that colonel I.A. Muhammad was ambushed by ISWAP and killed along with four other soldiers.
Community confirmed that the troops who were on a fighting patrol as part of operation,came under fire from suspected terrorists
As of the time of felling this report, there has been no official statements from the Nigerian Army regarding the accident.
News
Dogara Felicitates Dangote at 69, Applauds His Enduring Impact on Africa
Hon. Yakubu Dogara, former Speaker of the House of Representatives and Chairman of the Credit Guarantee Company Limited (NCGC), has joined Nigerians and the global business community in celebrating Alhaji Aliko Dangote on his 69th birthday. In a detailed tribute, Dogara described Dangote as “a visionary whose life’s work has become a cornerstone of Africa’s economic transformation.”
Dogara emphasized that Dangote’s entrepreneurial journey is one of resilience and foresight. From humble beginnings, he built the Dangote Group into Africa’s largest conglomerate, with investments spanning cement, sugar, salt, fertilizers, and the landmark Dangote Refinery. These ventures, Dogara noted, have not only revolutionized industries but also created millions of jobs, strengthened Nigeria’s economy, and reduced dependence on imports. “Alhaji Dangote is not just an entrepreneur; he is a nation-builder whose vision has redefined what is possible for Nigeria and Africa,” Dogara said.
He pointed out that the Dangote Refinery, in particular, represents a turning point in Nigeria’s energy sector, offering the promise of self-sufficiency in petroleum products and positioning the country as a major player in global energy markets. “This singular achievement underscores his commitment to solving Africa’s most pressing challenges through bold and innovative solutions,” Dogara remarked.
Beyond his industrial empire, Dogara praised Dangote’s philanthropy through the Dangote Foundation, which has invested heavily in healthcare, education, and humanitarian relief. From building hospitals and funding scholarships to providing aid during crises, Dangote’s generosity has touched countless lives across the continent. “His philanthropy reflects a deep commitment to humanity. He has shown that true greatness lies not only in building industries but also in uplifting lives,” Dogara added.
Dogara also reflected on the inspirational power of Dangote’s story, stressing that his rise from modest beginnings to global prominence serves as a beacon of hope for young Africans. “His journey proves that with hard work, faith, and determination, Africans can build enterprises that rival the best in the world. He remains a shining example of African excellence,” he concluded.
As Dangote celebrates his 69th birthday, his legacy continues to resonate far beyond Nigeria’s borders. His life stands as a testament to the transformative power of vision, enterprise, and compassion—an enduring reminder that Africa’s future can be defined by innovation, resilience, and generosity
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