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Malabu Oil

Addressing a packed court on Monday, he said Eni Chief Executive Claudio Descalzi authorized a company manager named Claudio Granata to approach him and offer him his job back if he agreed to modify his testimony.

Malabu oil scandal: Witness says Eni chief bribed him to change graft allegations

Hearing will continue in a Milan court tomorrow and 25 July in a corruption case involving Italian oil firm Eni and Nigerian officials over the graft-ridden sale of OPL 245, now known as Malabu oil scandal.

Malabu scandal: Ex-AGF Bello Adoke urges court to set aside arrest order

Former Minister of Justice, Mohammed Adoke, has asked a High Court of the Federal Capital Territory (FCT) to set aside its earlier order issued for his arrest over his alleged involvement in deals regarding the sale of Malabu oil.

Malabu scam: Court orders arrest of ex-AGF Bello Adoke, Dan Etete, four others

The High Court of the Federal Capital Territory in Jabi, Abuja on Wednesday, ordered the arrest of the immediate-past Attorney-General of the Federation, Mr. Mohammed Adoke, a former Minister of Petroleum Resources, Dan Etete, and four others.

Report: Shell knew its $1.1 billion for OPL 245 will go into private pockets

A new report by a non-governmental organisation, Global Witness, has blamed Shell and Eni for their alleged roles in the acquisition of OPL 245 in the oil-rich Niger Delta which is linked to Malabu oil scandal.

Swiss close to revealing Nigerian beneficiaries of $1.1 billion Malabu Oil bribes

Materials in a suitcase seized nearly three years ago by Swiss authorities may unlock the identities of the Nigerian recipients of the $1.1 billion in corrupt payments by Shell and ENI over the purchase of OPL 245 from Malabu Oil.
eni

Federal government sues Shell, Eni over Malabu oil deal

The federal government has filed a $1.1 billion suit against Royal Dutch Shell Plc, Eni and other companies for a 2011 Malabu oil deal saying it was tainted with corruption.

Eliminating corruption in Nigeria’s electoral process

The INEC boss noted further that “vote-buying is illegal, undemocratic and morally poignant and a threat to the sanctity of the ballot.
Ibrahim Magu . EFCC

Nigeria to lose $4.5 billion in Malabu Oil deal as EFCC receives document from...

The Acting Chairman, Economic and Financial Crimes Commission, Ibrahim Magu, has given assurances that the Commission is revving up its investigations into the Malabu Oil scandal and those complicit will be prosecuted.

Malabu scandal: Ijaw youths protest ‘persecution’ of Dan Etete

“If they don’t allow Etete to continue to do business in the oil and gas industry, Ijaw people will have no choice than to tell the country that the oil and gas belong to us. They should stop the investigations of the Malabu oil deal. OPL 245 belongs to an Ijaw man”.

Section 5 and the Mohammed Bello Adoke case

His Lordship Justice Binta Nyako at the Federal High Court sitting in the Federal Capital Territory last Friday, gave an instructive, landmark judgment in the matter between Mohammed Bello Adoke and the Attorney General of the Federation on the extent of Presidential powers.

UK opposition chief wants government probed over Malabu payments

A Liberal Democrat and former British Business Secretary, Vince Cable, has called on the UK Home Office and National Crime Agency to explain themselves over the revelation that the country’s anti-money laundering agency allowed JP Morgan to transfer $875 million to a former Nigerian oil minister, Mr. Dan Etete.

Malabu: UK paid Nigeria $70m instead of agreed $85m – Abubakar Malami

The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has said the United Kingdom has paid Nigeria the sum of $70m recovered from the Malabu oil controversial deal.

President Buhari protecting corrupt people in his govt – Governor Fayose

Ekiti State Governor Ayodele Fayose has described the new report by Transparency International (TI) revealing that the perception of corruption in Nigeria worsened between 2016 and 2017, as another vindication of his position that the All Progressives Congress (APC) government of President Muhammadu Buhari was not fighting any corruption.

Stop lying to Nigerians over insecurity – PDP tells federal govt

The Peoples Democratic Party (PDP), Thursday criticised the Federal Government for “misleading Nigerians” with information suggesting security operatives had rescued some of the schoolgirls abducted by Boko Haram in Yobe State.

Governor Fayose asks federal govt to publish all properties recovered by EFCC, owners before...

The Ekiti State Governor, Ayodele Fayose, has told the Federal Government to publish all the properties it claimed to have recovered and their owners as well as buyers of the properties before they are sold.

Abubakar Malami: Why I advised President Buhari to stop Bello Adoke’s Malabu oil trial

He said the letter was to provide options to the government on how to improve on the revenue generation of the government through negotiating the resumption of production in the oil field.

Malabu scandal: AGF Abubakar Malami writes President Buhari over Bello Adoke, Diezani Alison-Madueke, others’...

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has written to President Muhammadu Buhari, urging him to back off on his administration’s legal battles against the principal actors in the controversial Malabu Oil deal.

EFCC recovers N738.9 billion in 2 years – Ibrahim Magu

The Economic and Financial Crimes Commission (EFCC) on Wednesday in Austria said it recovered loots totalling N738.9 billion or $2.9 billion between May, 2015 and Oct. 20, 2017.

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