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Alleged Fraud: Court Grants N500m Bail To Saipem MD, Others
A Rivers State High Court in Port Harcourt has granted bail to the Managing Director of Saipem Contracting, Mr. Walter Peviana, and Kelechi Sinteh Chinakwe with N500million.
On January 11, the duo were remanded at the Port Harcourt Correctional Centre over an alleged conspiracy to defraud the Rivers State Government the sum of $130million.
At the resumed hearing, for bail consideration, the trial Judge, Justice Okogbule Gbasam, granted bail to the defendants in the matter filed by the state government as registered in suit number PHC/3106/CR/2021.
The prosecution in the matter is the Government of Rivers State, while the defendants are Saipem SPA (1st defendant); Saipem Contracting Nigeria Limited (2nd defendant); Mr. Walter Peviana (3rd defendant); Kelechi Sinteh Chinakwe (4th defendant); Giandomenico Zingali (5th defendant); Vitto Testaguzza (6th defendant), and Davide Anelli (7th defendant).
Earlier, the counsel for the 1st, 2nd, 3rd and 6th defendants, Odein Ajumogobia (SAN), and the counsel for the 4th defendant, relying on Sections 194 and 169 of the Administration of Criminal Justice and Sections 35 and 36 of the Constitution of the Federal Republic of Nigeria, pleaded for the bail of their clients.
The counsel told the court to grant the defendants bail considering the facility where they were detained, explaining that their clients could fall ill following the spread of the COVID-19.
Ajumogobia urged the court to grant his client, Peviana, bail owing that he is the “managing director of one of the largest company in West Africa (Saipem),” and would not jump bail.
The counsel pleaded that the court has the power to grant bail to the defendants.
But the applicant counsel, Godwin Obla (SAN), urged the court to dismiss the bail application for the defendants.
Obla argued that the money involved in the allegation, if converted to Nigeria currency, would amount to N32billion, which he said is about 6.7percent of the total state budget for the year.
He argued that the 4th defendant counsel filed application of bail a day to the client arraignment in court, saying the application did not comply with the law; hence, the court should dismiss such.
The counsel further argued that: “It shows the seriousness of the crime the accused persons were charged with and reason why the accused should not be granted bail.”
Ruling on the bail application, Gbasam noted the error in filing a bail application before the defendant appears in court.
The judge said: “The anticipation is that bail should come before arraignment, arrest or remand. The application made on January 10, 2022, was merely speculation and presumption. The 4th defendant should have filed his application after the case has been brought to court.”
He stated that the application was null and void.
Gbasam, who also expressed the discretion of the court in granting bail to the 2nd and 4th defendant, ordered that they should present two sureties each, and surety for the 2nd defendant must be a principle officer of the 1st defendant (Saipem), and must own a landed property in the state with Certificate of Ownership.
Also, as the bail condition, the judge said the defendants should deposit their international passports to the court and that sureties must deposit original papers of their landed property in the court.
However, the court adjourned the matter till February 2, 3 and 4, 2022, for accelerated hearing.
Speaking with newsmen outside the courtroom, counsel for the applicant, Obla, explained that: “The matter came up today (Tuesday) for plea as previously scheduled by the court, and the plea of the defendants were all taken to the 15 count-charge, and they moved their application for bail.
“We opposed the application for bail but also left a window for the judge to also exercise his discretion.
“He has now granted bail to the 3rd and 4th defendants in the sum of N500million each, two sureties to provide landed property, the surety for the 3rd defendant must be a managerial level with the second defendant.
“The case has been adjourned till February 2, 3, and 4, 2022, for hearing on the day-by-day basis.”
Also speaking, counsel for the 1st, 2nd, 3rd and 6th defendants, Ajumogobia, lauded the court for granting bail to his clients, but noted the high conditions of the bail.
He said: “Bail is at the discretion of the court. We made an appeal that the court should issue conditions that are not too stringent. I think the court was gracious enough to issue difficult conditions, but we will try and see how we can meet those conditions-I mean N500million is not a small amount of money for the two of the defendants.
“But at least the challenge now is to meet those conditions for bail so that they can come out of the prison,” he said.
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Akpabio Withdraws All Defamation Suits After Priest’s Sermon
The Senate President, Senator Godswill Akpabio, has directed his lawyers to withdraw all ongoing defamation lawsuits against several individuals, saying he was moved by counsel during a New Year Mass.
Speaking at the Sacred Heart Parish in Uyo, yesterday, Akpabio said he had filed nearly nine lawsuits against individuals he accused of defaming him.
He said, “I had almost nine cases in court against some individuals who defamed me, who lied against me, who slandered my name.
“But I listened to the priest and suddenly realised he was talking to me, so I hereby direct my solicitor to withdraw all lawsuits against them.”
In 2025, Akpabio had filed several high-profile defamation lawsuits, including one against colleague Senator Natasha Akpoti?Uduaghan.
In late 2025, Akpabio filed a N200 billion defamation lawsuit against her over allegations of sexual harassment, which he denied and urged her to substantiate in court.
Earlier in the year, Akpabio’s wife also filed defamation suits against Akpoti?Uduaghan over claims she said had harmed her family’s reputation.
Relations between the two lawmakers soured after Akpoti?Uduaghan accused Akpabio of influencing her suspension from the Senate in March 2025, following her public allegations of misconduct.
The Senator had previously challenged actions taken against her in court, including a N100 billion defamation suit she filed against Akpabio and other defendants over alleged remarks that she said damaged her reputation.
With yesterday’s announcement, Akpabio has formally ended all pending legal disputes arising from defamation claims, signalling closure to the publicised litigations as the year begins.
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‘Best Way To Show Gratitude Is To Deliver Tinubu in 2027’
Rivers State Governor, Sir Siminalayi Fubara, has declared that the best form of gratitude Rivers people owe President Bola Ahmed Tinubu for protecting the interest of the State is to galvanize massive support for the President in 2027.
Fubara disclosed this last Monday during the commissioning of Permanent Secretaries Quarters built by his administration at Elimgbu in Obio Akpor Local Government Area of the State.
He said that the State has what it takes to deliver the President during the 2027 general elections.
“We’ve taken a decision,our decision is for the good of Rivers State, our decision is to say thank you for the protection we have from Mr President, our decision is to prove that we have what it takes to deliver Mr President.”
Fubara expressed delight over the completion of the project, stating that the initiative was to provide accommodation, a basic need of life for public servants in the state to improve their productivity.
He explained that lack of effective social welfare was at the root of some incriminating actions that undermine the purpose of governance, noting that the commissioning of the newly built Permanent Secretaries Quarters marks a significant milestone in civil service welfare and institutional development.
“Insecurity begins when individuals are uncertain of what the next hour holds. This situation is especially challenging for family men and women, affecting confidence and decision-making,” he observed.
Fubara emphasized the need for proper maintenance of the facility and urged the beneficiaries to protect the project like a personal property, while directing the State Head of Service to appoint a facility manager to ensure long-term maintenance.
In her remarks, the Special Guest of Honour and Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, who unveiled the project, expressed appreciation to the governor and Rivers State for inviting her to commission the project.
She commended Fubara for prioritizing the welfare of Permanent Secretaries who are senior public servants and accounting officers, noting that the project reflects purposeful and visionary leadership, and urged other states to borrow a cue from the Rivers State Governor.
Walson-Jack described the initiative as a strategic investment in staff welfare and institutional continuity which she noted is in line with Renewed Hope Initiative on provision of mass housing and social stability.
“The commissioning of these houses reflect a deliberate commitment to the dignity, welfare, and productivity of senior public servants responsible for policy coordination and service delivery,” she said.
In his goodwill message, the National Secretary of the All Progressives Congress (APC), Senator Ajibode Bashiru, who led a high powered delegation on a visit to the governor, congratulated Rivers people for aligning with the Pan Nigerian political party, assuring that the interest of Rivers State will be duly protected in the APC.
He described President Bola Tinubu as a detribalised Nigerian who anchors his leadership on equity, fairness and justice, adding that the APC will provide a level playing ground for all.
The APC chief scribe also commended Fubara for providing good accommodation for public servants, stating that it will address issues of sabotage, compromise and disloyalty on the part of public servants.
Giving the project description, Permanent Secretary, Rivers State Ministry of Works, Dr. Austin Ezekiel-Hart, said the estate comprises 29 units, including nine standalone duplexes and 20 terrace buildings.
Facilities feature a water treatment plant, synchronized power generators, CCTV and alarm systems, a gym, recreational areas, and green spaces—designed to enhance comfort, performance, and productivity.
Earlier, the Head of the Rivers State Civil Service, Dr Mrs Inyingi Brown, had thanked the governor for his visionary initiative and unwavering commitment to the welfare of Rivers State Civil Servants, and restated the commitment of the State civil servants to the success of Fubara’s administration.
By: Taneh Beemene
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