Abdulrahman Bashar, the founder of Rahmaniya Group and Ultimate Oil & Gas, has vowed to challenge a Dubai court’s judgement against him, describing it as a pressure tactic to threaten his reputation and business.
A Dubai court had sentenced Abdulrahman to one year in prison for an alleged financial crime involving his dealings with CE Energy Company, an oil and gas firm.
But the business mogul kicked against the verdict, insisting he is innocent and taking steps to overturn the ruling with Global law firm HFW as the counsel.
Abdulrahman said: “We refer to the criminal proceedings and recent judgment issued in the criminal courts against us on 30 January 2025. First and foremost, we reject any allegations of criminality.
“There are several ongoing civil disputes between CEE and Bashar. The criminal proceedings have, in our view, been filed against Bashar as a pressure tactic in the context of the commercial proceedings to threaten Bashar’s reputation and business. We will take all available steps available to him to challenge the judgment.”
He alleged that CEE had used similar heavy-handed litigation tactics in the commercial proceedings, including seeking a Worldwide Freezing Order (the WFO) from the English Court against him.
According to Bashar, the WFO was successfully challenged and discharged, while CEE’s application to the Court of Appeal was also rejected.
“It is worth noting that Abdulrahman is currently doing his legal business in Nigeria and not in any prison as presumed,” he maintained.
