Petrogress Inc. (PGAS)

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The Executive Officer of Nigerian Navy Ship (NNS) Pathfinder Port Harcourt, Navy Capt. Adegoke Ebo, who disclosed this in Port Harcourt, said his men arrested Adah and 17 others including one Indian for allegedly attempting to illegally export stolen crude oil to Ghana.

While handing over the suspects and vessels to the police at the naval base in Port Harcourt on Wednesday for further investigation, Ebo said the suspects had planned to move stolen crude oil from Nigeria with MT Apecus and MT Invictus, believed to be owned by Petrogress Incorporation with offices in Nigeria, Greece and U.S.

He stated that the suspects were on the verge of moving the crude oil to Ghana before they were arrested by naval forces.

He said, “Among those arrested was the Managing Director of Petrogress Incorporation in Nigeria, Osimili Adah.

“Adah stationed two vessels, MT Apecus and MT Invictus at Qua Iboe (Akwa Ibom) and in Bonny (Rivers) with intent to lift the petroleum product before the seizure.