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Chappal Energies Commits To Delivering Long-term Values

LEADERSHIP News by LEADERSHIP News
10 months ago
in Business
Chappal Energies
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Chappal Energies has said that its operations remain uninterrupted, while its leadership remains focused on delivering long-term value in line with the company’s commitments to partners, regulators and stakeholders.

This is coming as the company reacts to the public notice issued by the Economic and Financial Crimes Commission (EFCC) regarding its managing director, Ufoma Immanuel.

The company, while responding to the notice, noted that, enforcement actions under Nigerian law are governed by established procedures that require reasonable attempts at direct engagement through official channels before issuing or acting on a warrant.

“To our knowledge, no attempt was made to engage Immanuel or the company through these channels prior to the issuance of the notice, which creates the unfortunate impression of a public escalation where standard procedures were readily available.

“Both Immanuel and Chappal Energies remain fully reachable through their established official addresses, phone lines and electronic contacts, all of which are publicly available. Chappal Energies and its directors have recently faced coordinated pressures linked to an ongoing civil dispute.” it said.

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These developments ultimately led to an order by Hon. Justice J.E. Obanor of the High Court of the Federal Capital Territory, who on 11 September 2025 granted an interlocutory injunction restraining the EFCC and other listed respondents from inviting, questioning, arresting, detaining or otherwise acting against Immanuel or Chappal Energies.

This order remains in force and as such, the circumstances surrounding this public notice, despite a binding court order, creates the impression of external actors seeking public spectacle and mischief rather than adherence to legal due process.

Chappal Energies assured its continued respect the roles of all statutory institutions, including the EFCC and remain committed to full cooperation with all relevant authorities through the proper legal channels.
However, the Company vowed to take appropriate legal steps to address this development.

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