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Wrong Uduimo Itsueli?

Dr. Uduimo Justus Itsueli

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Background Information

Employment History


Cadbury Nigeria Plc



Managing Direc-tor and Chief Executive Officer



Nigerian Petroleum Club


Nigerian National Petroleum Corporation


Nigerian-Indian Chamber of Commerce and Industry

Web References (23 Total References)

A Federal High Court in Lagos, ... [cached]

A Federal High Court in Lagos, presided over by Justice Abdulahi Mustapha has dismissed the suit filed by Mr. Uduimo Itsueli, chairman of Cadbury Nigeria Plc and Mr. Olusegun Oyewole, an executive director of the company in which they sought among others, to quash a report by the Securities and Exchange Commission (Sec) committee which indicted them over some alleged fraudulent misconducts uncovered in the company's operations.

Moreover Technologies - Food industry news - 30 of 4447 returned [cached]

This Day (Lagos) A Federal High Court in Lagos yesterday dismissed the application filed by former chairman of Cadbury Nigeria Plc, Mr. Uduimo Itsueli, challenging the decision of the Administrative Proceedings Committee (APC) to investigate the more

Apart from Oni and Akadiri's ban, ... [cached]

Apart from Oni and Akadiri's ban, others recommended for investigation and prosecution include Dr. Uduimo Itsueli, Chairman of the company, Mr. J.S. Bogunjoko, Mr. Abiodun Jaji, Mr. Andrew Baker, Mr. Christopher Okeke, Mr. Olatunde Falase, Chief Raymond Ihyembe, Mr. Gabriel Onabote, Mr. Olusegun Oyewole, Mr. Matthew Shattock, Mr. Olusegun Aina, Mr. Akinbode Gbolahan and Mr. Tunde Egbeyemi.

Thereafter, the Chairman of Cadbury, Itsueli, through a letter to the Commission dated November 16, 2006, reported the engagement of an independent firm, PriceWaterhouseCoopers (PWC), to investigate the allegation of overstatement in the company's financial statements for the period 2003 to September 30, 2006.
"The company as Issuer and Uduimo Itsueli, Bunmi Oni and other members of the board, some management staff and audit committee members, in 2005 authorised the issuance of a Rights Circular dated August 24, 2005 which contained untrue statements.
"Uduimo Itsueli, the company's chairman, stated in the 2001 annual report and account that the company had taken over the payment of dividend and this continued up to 2006 despite the Commission's letter directing it to allow the Union Registrars Limited to perform its statutory function."
Itsueli, Falase, Ihyembe, Onabote, Oyewole, Shattock, Ayorinde, Enuwa and Balogun are suspended for one year from operating in the Nigerian capital market; employed in the financial services sector; or holding directorship positions in any public company in Nigeria.


Hon. Uduimo J. Itsueli, the company's Managing Direc-tor/Chief Executive Officer, Mr. Bunmi Oni and the Finance Director, Mr. Ayo Akadiri have been relieved of their appointments with effect from December 11, 2006.

"Cadbury Nigeria Plc will issue its final results for 2006 in February 2007 and we will communicate progress on the complete review at the same time", Itsueli said in the statement.

Uduimo Itsueli, Chairman, ... [cached]

Uduimo Itsueli, Chairman, Nigerian Petroleum Club

Uduimo Itsueli Chairman, Nigerian Petroleum Club
Uduimo Itsueli, Chairman, Nigerian Petroleum Club

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