The Board of Seplat Energy announces that it terminated the contract of appointment of Mr. Austin Avuru as a Non-Executive Director on 22nd December 2021, due to breaches of the Company’s corporate governance policies and his fiduciary duties.

In a statement sent to the AmehNews and endorsed by Dr. Chioma Nwachuku – Director, External Affairs and Sustainability/ Seplat Energy saying The Board has called for his resignation as a Director of Seplat Energy.

The statement further disclosed that In line with Seplat Energy’s Memorandum and Articles of Association, Platform Petroleum Limited has been asked to nominate a candidate for his replacement on the Board, and a further announcement will be made in due course.