Nigeria, Feb. 11 -- The Dubai police have issued an arrest warrant for Abdulrahman Bashar, a Nigerian oil billionaire recently convicted of financial crimes linked to the issuing of dishonoured cheques.

Court papers seen by PREMIUM TIMES indicate that the arrest warrant was issued after CE Energy DMCC, a Dubai-based commodities trading company incorporated in the UAE, made a criminal complaint against Mr Bashar following a business dispute.

Between April and August 2024, the Nigerian businessman issued nine cheques to CE Energy, payment for gas oil and Jet A1, which Mr Bashar's company, Ultimate Oil & Gas DMCC, bought from CE Energy.

However, Mr Bashar's bank, Emirates Islamic Bank, honoured only one of the cheques. The remaining eight...