malabu oil deal

  1. siteadmin

    I knew Malabu was ‘presidential scam’, billions ‘illegally diverted" - Premium Times News

    Nigeria’s former Attorney-General, Bello Adoke, has been heard on a recorded telephone conversation admitting that he knew the controversial Malabu Oil deal was a “presidential scam” whose execution led to fraudulent diversion of billions of naira amongst dubious collaborators across the world...
  2. siteadmin

    Politics $1.8bn Malabu Deal: Why Court Absolved Adoke Of Wrongdoing – Leadership Nigeria Newspapers

    Justice Binta Nyako of the Federal High Court, Abuja has given reasons why the immediate-past Minister of Justice and Attorney General of the Federation, Mr. Mohammed Adoke (SAN), could not be held liable for his roles in the Oil Processing Licence 245 transactions, popularly known as Malabu...
  3. siteadmin

    Politics Malabu Scandal: UK Opposition Leader Wants Govt Probed over Payments to Etete – Thisdaylive

    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...
  4. curator

    Business Swiss Authorities Block Bank Accounts Linked to Malabu Deal – Thisdaylive

    The government of Switzerland has blocked several bank accounts in the country linked to the planned bribery trial of Eni and Shell executives in Milan, Italy, as it relates to the infamous Malabu oil scam. On Monday, the office of the Swiss Attorney-General confirmed that at the request of...
  5. siteadmin

    Politics Malabu: Why I Advised Buhari To Stop Adoke’s Trial, Says Malami – Sahara Reporters

    The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has justified his letter advising President Muhammadu Buhari to order the termination of the charges instituted against the immediate-past AGF, Mr. Mohammed Adoke (SAN), and others, in respect of Malabu...
  6. curator

    Business Federal govt sues JP Morgan for $875 million over Malabu oil deal –

    Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister. A spokeswoman for JP Morgan dismissed the accusation on Thursday, saying...
  7. Samguine

    Politics Malabu Oil Deal: FG Recovers $85m Of Stolen Money From UK

    The Attorney General and Minister of Justice, Abubakar Malami has revealed that the Federal Government has recovered $85m of the stolen money in the Malabu Oil Deal from the UK.. The Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, disclosed this on Thursday...
  8. RemmyAlex

    Politics House of Reps Finally Summon Jonathan Over Malabu Oil Deal

    House of Representatives on Wednesday invited former President Goodluck Jonathan to testify in the ongoing investigations into the Malabu Oil deal. Royal Dutch Shell had in April 2017, admitted paying money to Malabu Oil and Gas for rights to oil bloc, OML 245. Malabu is owned by former...
  9. K

    Politics Jonathan is an Armed Robber With PhD – Jimoh Ibrahim

    A Former Ondo governorship candidate under the platform of the Peoples Democratic Party,PDP, Jimoh Ibrahim has said Former President, Goodluck Jonathan is a notorious armed robber with PhD. This is coming after the House of Representatives ad-hoc panel summoned Goodluck Jonathan over the...
  10. K

    Politics Why Jonathan Must Be 'Thoroughly Investigated' - Reps

    The Chairman of House of Representatives Committee on Justice, Razak Atunwa, on Wednesday reiterated that former President Goodluck Jonathan would be thoroughly investigated for authorising the $1.3 billion lease of OPL 245 oil block licence. In a statement to Premium Times, Mr. Atunwa said...
  11. Jules

    Politics Malabu Oil Deal : Goodluck Jonathan Accused Of Collecting $200m Bribe [BBC Report]

    Former President Goodluck Jonathan has again been linked to the Malabu oil scandal. Watch BBC report on Jonathan's role: READ: Malabu Oil Deal: How Jonathan Allegedly Received $200m Bribe - Reports
  12. RemmyAlex

    Politics Malabu Oil Deal: House Of Reps To Invite Ex-President, Goodluck Jonathan

    The House of Representatives has said that former President Goodluck Jonathan is on its radar and may be invited to come and explain his role in the controversial award of OPL 245 oil block licence. Razak Atunwa, Chairman of the House Committee on Justice who leads an ad-hoc panel investigating...
  13. RemmyAlex

    Politics Malabu Oil Deal: How Jonathan Allegedly Received $200m Bribe - Reports

    Former President Goodluck Jonathan allegedly received as much as $200 million to approve the controversial $1.3 billion sale of OPL 245 oil field, Italian prosecutors said in fresh court documents. The documents, which were extracts of a thorough investigation by Italian authorities into the...
  14. Lequte

    Politics Nigeria: Govt Official In Charge of $1bn Malabu Oil Probe Brutally Murdered

    Abubakar Umar, the Corporate Affairs Commission (CAC) official who was in charge of the $1bn Malabu oil brief has been “brutally murdered”. This is according to the agency’s head of Compliance, Justin Ndia. The brief contains a summary of the facts and legal points in the case which will...
  15. Lequte

    Politics $1bn Malabu Oil Deal: We Can't Prosecute Diezani- AGF Malami

    Attorney General of the Federation, Abubakar Malami, has stated that the federal government cannot prosecute ex oil minister, Diezani Allison-Madueke, his predecessor Mohammed Adoke, and former finance minister, Olusegun Aganga, over the scandalous $1.092 billion Malabu oil deal. This is...