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Malabu Oil

The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arraigns Malabu Oil, six others over ‘$1 billion fraud’

The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned Malabu Oil & Gas Limited, six other companies and an oil tycoon, Aliyu Abubakar, before the Federal High Court on a 48-count fraud charge.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arraigns Malabu Oil firm, others over ‘$1 billion money laundering’

The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned Malabu Oil and Gas Limited for money laundering offences in connection to the controversial oil block, OPL 245 transactions.
An FCT High Court, Maitama, on Wednesday fixed Jan. 27, 2020 for Olisa Metuh, a former PDP spokesman, charged with criminal destruction of evidence to open his defence.

Court orders arrest of former petroleum minister over Malabu Oil scam

Justice Idris Kutigi has ordered the arrest of former Minister of Petroleum, Dan Etete, over his involvement in the Malabu Oil scam.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC berates Transparency International over low rating of Nigeria’s anti-graft war

The Economic and Financial Crimes Commission (EFCC) has berated Transparency International (TI) over its ranking of Nigeria as the 146th of the 180 analysed on the organisation’s 2019 Corruption Perception Index (CPI).
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

EFCC: Transparency International corruption index assessment of Nigeria baseless, illogical

The Economic and Financial Crimes Commission, has condenmed in strong terms, the 2019 Corruption Perception Index, CPI, recently released by Transparency International, TI, which ranked Nigeria 146 out of 180 countries analysed.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

Malabu scam: AGF Bello Adoke, others plead not guilty

The former Attorney-General of the Federation (AGF), Mohammed Adoke, and six other co-defendants charged with 42 counts in connection with the controversial 1.09 billion dollars settlement agreement on Malabu Oil Block, on Thursday pleaded not guilty.
The immediate past Attorney General of the Federation and Minister of Justice, Mohammed Adoke, SAN.

Malabu scandal: Court remands ex-AGF Adoke, others in EFCC custody

The High Court of the Federal Capital Territory in Gwagwalada, Abuja, on Thursday ordered the remand of a former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke (SAN), and two of his co-defendants in the custody of the Economic and Financial Crimes Commission over their alleged involvement in the Malabu Oil scam.

Federal government files fresh charges against AGF Bello Adoke, Shell, others over Malabu oil...

The Federal Government has filed a fresh 42-count charge against former Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Mohammed Bello Adoke, and six others over alleged fraud in the $1.1 billion Malabu oil deal.

Former AGF Bello Adoke released in Dubai

Nigeria’s former Attorney-General, Mohammed Bello Adoke, has departed the United Arab Emirates for Nigeria, after he was freed by the Interpol outpost in Dubai, the United Arab Emirates.
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”.

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