On 25 June the High Court in Abuja froze further efforts by the EFCC NCA and British Crown Prosecution Service to pursue the assets of Benedict Peters the billionaire oil investor and boss of Aiteo...
Kolawole ('Kola') Aluko of Atlantic Energy and Benedict Peters of Aiteo Group both prominent oil producers and traders are accused of having bought properties and luxury goods for Allison-Madueke in exchange for lucrative contracts...
The British freezing order secured under the Proceeds of Crime Act names Benedict Peters Christopher Aire and lawyer Chidi Donald Amamgbo as defendants in the case alongside Kola Aluko Jide Omokore and Allison-Madueke...
' Henry's strangled phraseology according to an oil industry expert reflects the fact that in the sale of the OML 29 block – one of the most prospective blocks in the region – Allison-Madueke had pressured Shell to accept an offer from the consortium led by Benedict Peters' Aiteo company in preference to the offer made by Seplat...
The deal by the Nigerian companies led by Igho Sanomi's Talveras and Benedict Peters' Aiteo was a landmark for the government's strategy of building up nationally-owned production capacity...