Nigeria’s Antigraft Agency, The Economic and Financial Crimes Commission (EFCC), removes Benedict Peters From ‘Wanted’ List

Benedict Peters has recorded successful outcomes in three other cases, including one overturning the forfeiture of his properties

The Economic and Financial Crimes Commission (EFCC), has conformed with the order of Nigeria’s High Court, directing the removal of the name of the Executive Vice Chairman of Aiteo Group (http://www.AiteoGroup.com), Benedict Peters, from its list of wanted persons.  This action confirms EFCC’s compliance with the judgment handed down in…

Court Orders Immediate Release of UK Properties Belonging to Aiteo Boss, Benedict Peters

In a landmark ruling on Friday July 6, 2018, the Federal High Court in Abuja, Nigeria has directed the immediate release of two properties located in the United Kingdom belonging to African Billionaire businessman and CEO of the Aiteo Group (www.AiteoGroup.com), Benedict Peters that had been the subject of an…

Benedict Peters Responds to EFCC Ruling

Abuja High Court rules EFCC acted illegally and unconstitutionally

The Federal High Court of Nigeria has ruled that the Economic and Financial Crimes Commission (EFCC) cannot declare any person as ‘wanted’ without first obtaining a Court order or charging them with an offence. The Court ruled that by declaring Benedict Peters ‘wanted’ the EFCC had acted illegally and unconstitutionally,…

Nigerian High Court Grants Aiteo’s Benedict Peters Global Judgment in Rem - Declares Earnings as Legitimate

There was no evidence to support the suggestion that any aspect of his business showed any criminal conduct and as such, the allegations were baseless

The High Court sitting in the Federal Capital Territory, Nigeria has declared that earnings and assets accruing to Oil magnate and Aiteo Energy (www.AiteoGroup.com) boss, Benedict Peters were acquired legally through legitimate sources. This follows a similar ruling squashing multiple money laundering charges and bribery of election officials indictment against Mr.…

Aiteo Group and Benedict Peters Announce Appointment of Nigerian Legal Team

Further to his recent announcement engaging international law firms to lead the global effort to address legal and political-based issues, the Aiteo Group (www.AiteoGroup.com) and Benedict Peters, its Executive Vice Chairman have appointed top Nigerian lawyers to complement their international representation efforts within the country.  The team, led by Chief…

Benedict Peters, Aiteo Executive Vice Chairman, Assembles Legal Team to Address Unfounded Allegations

UK-based Mishcon de Reya is one of the world’s leading legal practices with a particular proficiency in handling contentious international disputes

Benedict Peters, Executive Vice Chairman of Aiteo Group (www.AiteoGroup.com), has instructed London law firm Mishcon de Reya and Washington’s Covington & Burling to lead ongoing efforts to address politically-motivated issues. Aiteo Group, founded in 1999, is a leading indigenous Nigerian oil producer headquartered in Lagos. UK-based Mishcon de Reya is…