UPDATE ON FALSE PUBLICATION BY POINTBLANKNEWS.COM

Sahara Group Energy Resource Limited is delighted to report that it has obtained judgment in its favour against Mr. Jackson Ude, Mr. Ben Young, Uduma Uba and Point Blank News which declared that the Defendant’s publications on their online news website www.pointblanknews.com on 4th October, 2015 and 6th October, 2015 captioned: “$50 Billion Oil Fraud: Diezani, Aluko, Aiteo, Sahara Energy, Omokore, Wagbatsoma for Trial” and “How Sahara Energy fraudulently acquired Egbin Power Plant” are defamatory and that the Defendants are liable for libel against Sahara Energy for the said publications.

The Court made also made an order directing the Defendants to totally expunge the offending articles from their website and also granted an order of perpetual injunction restraining the Defendants from making further defamatory publications against Sahara Energy.

The Court further awarded damages against the Defendants in favour of Sahara Energy in the sum of N50,000,000 for each of the publications (ie. a total of N100,000,000) and the court also awarded the sum of N500,000 as costs in our favour for the action.

Please click here to access the certified true copy of the judgment as delivered by Hon. Justice M.O. Obadina on 10/12/2018 in Suit No: LD/ADR/367/2015 (Sahara Energy Resource Limited at the High Court of Lagos State V. Mr. Jackson Ude, Mr. Ben Young, Uduma Mba and Point Blank News).

We hereby enjoin our stakeholders, business partners across the globe, the media, financial and research institutions, regulatory authorities in the jurisdictions where we operate and beyond, administrators of online search engines/social media posts and the general public to disregard the false publications as well as other articles making reference to them.

We restate our resolve that Sahara will not hesitate to take legal action against any individual or organisation that peddles stories targeted at tainting the excellent reputation which the Sahara Group has built over the past 22 years.

Our commitment to operating in consonance with our membership of the World Economic Forum’s Partnering Against Corruption Initiative (PACI) remains sacrosanct.”

View certified true copy: http://sahara-group.com/wp-content/uploads/2019/02/SaharaEnergyvsJacksonUdeJudgment.pdf