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Osman Shahenshah, the former CEO of international independent oil exploration and production company, Afren, is counter-suing his former employer in response to AlixPartners, administrator for Afren launching claims against them for at least $500 million (£385 million). Shahenshah, and COO Shahid Ullah were both fired in 2014 after an independent review claimed they received millions of pounds in unauthorized payments from Oriental Energy Resources – its Nigerian partner. Afren later went bust in 2015, with £1.4 billion of debt. AlixPartners is now handling Afren’s affairs, but Shahenshah is now suing Afren for three years’ pay plus a payment for the damage to his reputation that the affair has caused. He argues he can no longer get work anywhere else.

osman shahenshah

See : www.standard.co.uk

Peter Crush for Consultor.news

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