{"id":18637,"date":"2017-10-27T21:47:17","date_gmt":"2017-10-27T20:47:17","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=18637"},"modified":"2017-10-27T21:47:17","modified_gmt":"2017-10-27T20:47:17","slug":"aiteo-executive-vice-chairman-peters-assembles-legal-team-address-unfounded-allegations","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/aiteo-executive-vice-chairman-peters-assembles-legal-team-address-unfounded-allegations\/","title":{"rendered":"Aiteo Executive Vice Chairman, Peters Assembles Legal Team To Address Unfounded Allegations"},"content":{"rendered":"<table>\n<tbody>\n<tr>\n<td>Benedict Peters, Executive Vice Chairman of Aiteo Group (<a href=\"http:\/\/www.AiteoGroup.com\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/www.AiteoGroup.com&amp;source=gmail&amp;ust=1509217390518000&amp;usg=AFQjCNHj04C1Po4CAtyFEBhGgMYcy6-KoA\">www.AiteoGroup.com<\/a>), has instructed London law firm Mishcon de Reya and Washington\u2019s Covington &amp; Burling to lead ongoing efforts to address politically-motivated issues.<\/p>\n<p>Aiteo Group, founded in 1999, is a leading indigenous Nigerian oil producer headquartered in Lagos.<\/p>\n<p>UK-based Mishcon de Reya is one of the world\u2019s leading legal practices with a particular proficiency in handling contentious international disputes. Covington, headquartered in Washington, DC. United States, has an outstanding reputation in navigating complex legal issues at the intersection of law and policy around the world.<\/p>\n<p>Explaining the appointments, Benedict Peters said: \u201cI maintain my position that all the allegations are baseless and without any truth whatsoever. These unfounded allegations have caused untold disruption to my family and my business. To ensure that we remain focused, I have engaged two of the world\u2019s leading law firms to offer both counsel and guidance in dealing with these issues.\u201d<\/p>\n<p>\u201cThere is a toxic culture of politically motivated witch-hunts that stains reputations, stifles enterprise and keeps foreign investors away from our country. For two years, I have suffered malicious, unfounded and false allegations hanging over my head.\u201d<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>\u201cThis persecution is being pursued to diminish the visible endeavours to position our business, and Nigeria, at the apex of the energy industry worldwide. Despite these distractions, I remain focused on the efforts to sustain Aiteo\u2019s growth towards becoming Nigeria\u2019s leading indigenous oil producer. It is time to address the situation and so I have decided that I must take direct legal and other action to clear my name.\u201d<\/p>\n<p>And Peters has now decided to publicly bring every inch of this matter to the fore<strong>.\u00a0<\/strong><\/p>\n<p>Earlier in 2017 the oil company, AITEO Group agreed an $8.2million five years deal with the Nigeria Football Federation. The offer is said to be the biggest sponsorship intervention in the country\u2019s football in years as the indigenous company become the Official Optimum Partner of the NFF. The whooping sum was meant to help offset the salaries of national team coaches.<\/p>\n<p>The otherwise quiet player in Nigeria\u2019s oil sector suddenly became a household name in a football loving country that has seen its image battered by a shortage of funds in recent years. Many of Nigeria\u2019s coaches had been owed several months of salary arrears and this deal was supposed to bring an end to the incessant stories that found their way into the press tainting the NFF\u2019s image.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Benedict Peters, Executive Vice Chairman of Aiteo Group (www.AiteoGroup.com), has instructed London law firm Mishcon de Reya and Washington\u2019s Covington &amp; 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 one of the world\u2019s leading &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":11,"featured_media":18638,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23],"tags":[3140,3141],"coauthors":[2393],"class_list":["post-18637","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-aiteo","tag-benedict-peters"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aiteo Executive Vice Chairman, Peters Assembles Legal Team To Address Unfounded Allegations - National Wire<\/title>\n<meta name=\"description\" content=\"Benedict Peters, Executive Vice Chairman of Aiteo Group (www.AiteoGroup.com), has instructed London law firm Mishcon de Reya\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/aiteo-executive-vice-chairman-peters-assembles-legal-team-address-unfounded-allegations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aiteo Executive Vice Chairman, Peters Assembles Legal Team To Address Unfounded Allegations - 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