Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

March 9, 2023
Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

The board of directors, Seplat Energy Plc, have thrown their weight behind the company’s Chief Executive Officer, Roger Brown, after a series of allegations made against him by the Federal Government.

In a letter dated 3 March 2023, written to Seplat’s board, FG said some employees accused Brown of racism and discriminating against Nigerian workers while favouring foreign staff.

Join our WhatsApp Channel

Part of the allegation included possession of a Combined Expatriate Residence Permit and Aliens Card (CERPAC) which FG said wasn’t a valid Expatriate Quota.

In light of the allegations, the government revoked his visa, restricting him from working in Nigeria, but in response, Seplat said Brown will work from the company’s office in the United Kingdom. 

The oil and gas firm said Brown has the confidence of the board, as the allegations made against him are a spurious and vindictive reaction to the enforcement of corporate governance standards in the Company by the board. 

This was stated in a statement sent to shareholders on Thursday, 9 March 2023, which opined that the allegation was orchestrated by media reports and clearly calculated to spread false information. 

“Seplat Energy Plc has become aware of a news report following a letter regarding the residency status of its Chief Executive Officer (CEO), Mr Roger Brown. 

“Seplat Energy wishes to refute the false allegations against Mr Brown, which have been presented to the Ministry of Interior and the public by certain petitioners, and which have not been brought to the attention of Mr Roger Brown or Seplat Energy for a reaction.

“The orchestrated media reports are clearly calculated to spread false information. Seplat Energy will be engaging with the Ministry to reject the impressions created by these allegations,” the company wrote.

It stated further: “The Board believes that these allegations are a spurious and vindictive reaction to the enforcement of corporate governance standards in the Company by the Board of Seplat Energy. 

“Over the past decade, Mr Brown has earned an unblemished record of service and leadership in the Company. On 8th March 2023, the Board of Seplat Energy unanimously passed a vote of confidence in Mr Brown, who continues to discharge his duties and responsibilities as CEO from the SEPLAT UK office.”

+ posts

Featured Stories

Latest from Business

NGX Market Cap Rises By N73bn To N105.95trn

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, increased by N73.49 billion to N105.95 trillion on Friday, January 23, from the N105.88 trillion recorded on Thursday, January 22. Also, the all-share index (ASI) expanded slightly by
NGX

Nigeria’s Stock Market Valuation Drops By N557bn

The value of the Nigerian stock market contracted to N105.88 trillion on Thursday, January 22, from the N106.44 trillion recorded on Wednesday, January 21. According to data obtained from the Nigerian Exchange (NGX), the stock market’s valuation declined by N557.10 billion after
Previous Story

New Funding Streams Activated After Fifth Successive Failed Rainy Season In Somalia

Spotify Unveils New Features For A Better User Experience
Next Story

Spotify Unveils New Features For A Better User Experience

Don't Miss

Africa’s Champion Against Malaria, Professor Abdoulaye Diabaté on stage at TED 

Africa’s Champion Against Malaria, Professor Abdoulaye Diabaté on stage at TED2024 

KAMPALA, Uganda, 12 April 2024 -/African Media Agency(AMA)/- TED2024, a hallmark event celebrating
BBtitans Khosi Speaks On Delayed Prize Money

BBtitans Khosi Speaks On Delayed Prize Money

In a shocking revelation, Makhosazane Twala, popularly known as Khosi,