ERHC Energy Inc (ERHE)

[vip1999]

is this an older digest?
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http://www.sec.gov/news/digest/2007/dig060407.txt
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COMMISSION FILES SUBPOENA ENFORCEMENT ACTION AGAINST O.J. CHIDOLUE

The Commission filed an application on June 1 in the U.S. District
Court for the District of Columbia for an order to enforce an
investigative subpoena served on O.J. Chidolue of Houston, Texas.

The Commission's application and supporting papers allege that, on
Feb. 2, 2006, the Commission issued a formal order of private
investigation authorizing its staff to investigate whether ERHC Energy
Inc., a Colorado-incorporated, publicly-traded company operating out
of Houston, Texas (ERHC), and others may have violated certain of the
anti-bribery, books and records, and internal controls provisions of
the federal securities laws. On Nov. 15, 2006, the Commission served
an investigative subpoena on Chidolue, requiring him to produce
documents relevant to the investigation and to appear before the
Commission staff for testimony. The Commission alleges that, despite a
number of extensions of time granted to Chidolue, as of the date of
the application, he has failed to produce the subpoenaed documents and
has failed to appear for testimony. Accordingly, the Commission seeks
a court order to compel him to produce the subpoenaed documents and to
appear for testimony.

The Commission alleges that Chidolue, an attorney licensed and
practicing in Houston, Texas, is counsel for Chrome Energy, LLC
(Chrome Energy), a Delaware limited liability company also based in
Houston, Texas. Chrome Oil Services Ltd., a subsidiary of Chrome
Energy, is the majority shareholder of ERHC. The Commission further
alleges that, in addition to Chidolue's legal representation of Chrome
Energy, he also served, during at least a portion of the time period
of 2005-2007, as the Secretary and a director of Chrome Management
Services Inc. (Chrome Management). Chrome Management is a Texas
corporation affiliated with Chrome Energy. The Commission's subpoena
required Chidolue to produce, among other things, certain documents
concerning the business activities of ERHC, Chrome Energy, and its
affiliates.

A hearing on the Commission's application has not yet been scheduled.
[SEC v. O.J. Chidolue, Civil Action No. 1: 07-MC-00247 (D.D.C.)] (LR-
20139)