NBET Boss, Amobi Denies Violating Code of ConductLaw

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By Iyobosa Uwugiaren

The Managing Director of the Nigeria Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, has denied engaging in any private business or operating the foreign accounts of ESL Economics and Management UK limited since her appointment.

Reacting to what she described as false claim by an online publication, accusing her of breaching the Code of Conduct Act, she said the relevant agencies of government had investigated these same allegations and found them to be false.

An online newspaper recently reported that the Managing Director of NBET has continued to run and direct her private company in the United Kingdom, in what is said to be a contravention of Nigeria’s Code of Conduct for public officers.

However, in a press release by her Special Adviser on Media, Ismaila Isa, in Abuja yesterday, he stated that neither Dr. Amobi nor her former company (ESL NIG LTD) had been engaged in any form of private businesses in Nigeria or anywhere else in the world, since her appointment as the MD of NBET.

“She has not been operating her former company account in the UK as clearly indicated in her No Activity fillings accordingly. Dr. Marylin Amobi is a law abiding citizen, with an unimpeachable credentials of integrity, honesty and sincerity that is expected of a public servant as clearly indicated in her effective management of NBET since her appointment as the Managing Director.

“Let it be stated unequivocally that this report is not only false but a figment of the imagination of its reporters. Let it be on record that this recycled but false tale about the non-compliance with Code of Conduct regulations by Dr. Marylin Amobi had been investigated by relevant agencies of the federal government and found to be outright falsehood,’’ the statement added.

The statement explained that Dr. Amobi was appointed the MD of NBET via a letter by the Secretary to the Government of the Federal dated August 2, 2016, saying that since her appointment she has not engaged in any private business contrary to the ‘’malicious’’ report.

The statement added, “Before her appointment in August, 2016 as the Managing Director of NBET, Dr. Marylin Amobi was a Director at ESL Economics & Management Associates Nigerian Limited; a leading consultancy firm in Nigeria’s electricity sector since 2005.

“Following her appointment as the Managing Director of NBET, she resigned from her position in ESL Economics & Management Associates Nigeria Ltd accordingly.

“Whereas, Dr. Marylin Amobi has resigned from the management of the company, she is required, as the sole Director of ESL Economics & Management Associates UK Limited, to file annual returns, in line with the corporate governance laws of that jurisdiction, even as the company has remained inactive since her appointment as the MD of NBET in 2016.’’

The media adviser to Dr. Amobi added all filing of returns in the UK done in the name of ESL Economics & Management UK, Limited was for NO ACTIVITY, which means the company has undertaken no business from August, 2016 till date.

‘’All these and other relevant information in respect of the subject matter are contained in her acceptance letter to the SGF dated the 19th of August, 2016 with all her assets and liabilities fully declared to the Code of Conduct Bureau as required by the law’’, the statement added.