The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from office following the order of a Federal High court in Lagos.
The court restrained Brown, from parading himself as the firm’s CEO, pending the determination of a suit filed against him and others by aggrieved stakeholders of the company.
The aggrieved stakeholders accused Brown of racism, favouritism for expatriate workers, discrimination against Nigerians, and breach of good governance.
In a statement signed by the Chairman of the board of Seplat, Basil Omiyi, on Friday, the embattled CEO has delegated authority to the Chief Operating Officer, Mr. Samson Ezugwore, to act as CEO during this period.
The statement revealed that Seplat has been served the court processes and the ex parte order of Justice Chukwuejekwu Aneke of Federal High Court, Lagos. Nigeria, “restraining the Chief Executive Officer, Mr. Roger Brown from participating in the running of the Company [for a period of 7 days].”
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According to Seplat, the court order was premised on allegations of unfair, prejudicial, and offensive acts by the Chairman, CEO and all of the Independent Non-Executive Directors of Seplat Energy.
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The allegations include that the CEO organised a site visit for a number of its major shareholders to the company’s operations, cancelled some catering and landscaping contracts, and introduced a new job performance rating.
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