Malabu Scandal: Abacha’s son wants court to stop Nigerian govt, Shell, Agip from operating block

Mohammed Abacha
Mohammed Abacha

Malabu Oil and Gas Ltd. has asked an Abuja Division of the Federal High Court to stop the sale of a $13. 5 billion deep water project located in the controversial oil block, OPL 245.

The OPL 245, regarded as one of Africa’s richest oil blocks with an estimated over 9 billion barrels of crude, was controversially awarded to Malabu in 1998 by the then petroleum minister, Dan Etete who partly owned the company through a fictional character, Kwekwu Amafegha.

The block was controversially sold to oil giants, Shell and ENI, in 2011 with a large chunk of the $1.1 billion paid ending up in private pockets including those of Mr. Etete.

The matter has already led to indictments of shell, ENI, Mr. Etete and others in Italy and Nigeria while investigations are ongoing in other countries. On Monday, Shell admitted it knew part of the $1.1 billion it and ENI paid for the block would end up with Mr. Etete, who was convicted for money laundering in France.

While Mr. Etete negotiated the 2011 deal on behalf of Malabu, and received about $801 million of the payment; he did so without the consent of the majority shareholders of Malabu including Mohammed Abacha, who since inception when his father, Sani Abacha, was Nigeria’s military dictator, owned 50 per cent of the block. PECOS, a company believed to be owned by businessman Oyewole Fasawe owns another 20 per cent of the company while Mr. Etete’s pseudonym, Amafegha, owns the remaining 30 per cent.

On Tuesday, the counsel representing Malabu, J. A Achimugu asked the court to stop Shell Nigeria, as well as Agip exploration Ltd from signing the Final Purchase Agreement, F.I.D for the Zabazaba deep water project.

Mr. Achimugu also asked the court to issue an order preventing the Nigerian government from retaking control of the OPL 245, till the determination of the matter in court.

According to the suit filed before Justice John Tsoho, the applicant asked the court to stop the respondents from carrying out any other action in furtherance of the prospective sale of the project.

The court was also asked to stop the respondents from acting with the motive of sourcing oil in the location covered by Zabazaba Deep water and /or Etan oil fields within the oil OPL 245.

The application, contained a 29-paragraph affidavit was filed on behalf of Mohammed Abacha as a shareholder of Malabu.

According to the application, Mr. Abacha said he became privy to the alleged illegal sale following a publication on This Day Newspaper with the caption: “FG, Shell, Agip to sign FID for $13.5bn Zabazaba Deep water project in Q22017.”

Mr. Achumugu asked the court to stop the proposed agreement, stressing that his client was never part of the process, despite being the major owner of the OPL 245.

The judge, John Tsoho asked the plaintiff to serve the respondents with the notice of the application and adjourned the matter till May 18, for hearing of the motion.

Those listed as respondents in the suit are the federal government, the Minister Petroleum Resources, Shell Nigeria Ultra-Deep Limited, Shell Nigeria Exploration and Production Company Ltd; Nigerian Agip Exploration Company Ltd; Economic and Financial Crimes Commission; and Mr. Etete.


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:DIABETES Is CURABLE! Don't Let It Threaten You! To NORMALIZE Your Blood Sugar In 21Days For Life, Click Here!!!.


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • Alex

    Those that the oil is deposited in their backyards are living in squalow and deprivation,someone from thousands of miles are enjoying it proccdes openly even when the evidence is there that he stole it.

  • abdul dull daura

    How much did Abacha’s son pay for the 50% of the block? That is where the investigation should start.

    • Forensics

      @Chrisofili:disqus

      The question ADOKE Muhammed is running away from……..

      • Why did Adoke Muhammed (the attorney general appointed by President Goodluck Jonathan
      to broker this criminally insane Malabu Oil deal
      ) fail or and refuse to do what a sensible person
      in public office possessed of average intelligence, will do, which is to DEMAND A BOARD RESOLUTION
      OF MALABU OIL, with the minutes of meeting authorizing Malabu Oil to sell OPL 245 to a consortium of
      Shell and Agip oil, before releasing $810 million purchase price to Dan Etete as individual?

      This is the question Adoke Muhammed has evaded since the year 2015 when he started rambling all over the newspapers in a daft and hilarious attempt to acquit himself, whereas, his ‘civil guilt’ is writ large for failing to do
      what a honest; and not to say competent lawyer in his position will do, as the first step since a company’s board resolution is the only legal evidence binding on Malabu Oil Limited; and insofar as one person alone cannot own
      a limited liability company under Nigeria’s Company Laws, Dan Etete acted in vain.

      • abdul dull daura

        I will want the investigation to start with how Abacha’s son acquired 50% of the block. Is that the father pointed his gun on the heads of every Nigerian and gave the 50% of the block to the son? That is armed robbery. Now if he paid some money, how much did Pay?

    • obiora

      .kcolBL nwo sih rof
      How much did Danjuma pay in his own Block.?

  • linkhadj.

    What is the gain of Niger-Deltans who are hosts to the oil blocks in all the?

  • knowledgeman

    The Case of Malabu Oil’s OPL 245 Licence, Shell & ENI
    This case really shows all that is sad about the Nigerian society. Why does a government need individuals to sell our oil?
    Nigeria is the only Oil producing country that practices this corrupt system that enriches a few at the expense of the majority.
    There’s no doubt that the crook, Dan Etete awarded the block undervalued, to himself whilst in office as oil minister. He and his cohorts, using Malabu as a front, undervalued OPL245 and paid peanuts for the largest oil field in Africa.
    Their greed and corruption has finally caught up with them and many these greedy b——ds will end up in prison.
    As for Abacha’s son, he’s not content with all the money his hopeless father stole whilst in office. He now enters the fray, bringing court action against the Nigerian government that Etete swindled him out of his share of the $1.2 billion OPL245 loot. What a sob story for someone from a family whose name will forever be associated with the very worst of Nigeria’s excesses. Nothing good will ever be associated with the Abacha name.
    What a sad day for Nigerians.
    This is why the country is still impoverished. Over $400 billion has been frittered away over the last 40 years by ape men masquerading as human beings. The most illiterate, incompetent and corrupt sycophants always rise to the top in Nigeria’s warped political system.
    That’s why :
    • There are no good roads in Nigeria.
    • Boko Haram abducted 200 children from a school and most of them remain missing after three years.
    • There are no good hospitals in Nigeria.
    • Many States cannot afford to pay teachers and other key workers.
    • The Nigerian Police Force & The Army look like vigilantes when you see them at check points.
    • Many schools have fallen into disrepair and nothing done about it.
    • Even as I write this, billions of the country’s wealth is in foreign bank accounts whilst Nigeria has now been reduced to the list of countries where children are starving to death.
    • The list goes on and on…..

    Saudia Arabia, the world’s largest oil producer does not manage its oil wealth in a convoluted way as Nigeria does.
    The Nigerian government must REVOKE ALL LICENCES HELD by the following and place the operation of our key natural resource in a well-managed public company, so that all Nigerians can truly benefit from the nation’s wealth.
    Oil Block owners & operators:
    1 Alfred James Petroleum OPL 302 1991 Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman
    2 Soglas Nigeria Limited OPL 226 1991 Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman
    3 NorthEast Petroleum OPL 215, 840 &902 1991 Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman
    4 Optimum Petroleum OPL 310 1992 R.D. Adelu, Yusuf N’jie and O.A. Aremu with Ibrahim Bunu as Chairman
    5 Sunlink Petroleum OPL 238 & OPL 311 1993 Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei

    6 Express Petroleum OPL 108 & 227 1995 Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman
    7 Dubril Oil Co. Nigeria OPL 96 1987 B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.
    8 Amni Int. Petroleum OPL 112 &117 1998 &1999 E.C Edozien, Tunde Afolabi with Sanni Bello as Chairman
    9 Atlas Petroleum Int. Nig Ltd OPL 109 1996 Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman
    10 Consolidated Oil OPL 103, 458, 136 1993, 1998 &2006 O. Adenuga and Ebi Omatsola with Mike Adenuga as Chairman
    11 Oriental Energy Resources OPL 115 1999 Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman
    12 Cavendish Petroleum Nig. Ltd OPL 110 1996 Gambo Gubio with Mai Deribe as Chairman
    13 Allied Energy Resources Nig. Ltd OPL 120 & 121 2001 Mickey Lawal as Director with Kase Lawal as Chairman
    14 Peak Petroleum OPL 122 2001 Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman
    15 Summit Oil Nig. Limited OPL 205 and 206 1990 L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman
    16 Crownwell Petroleum Ltd OPL 305 AND 306 1993 S.K Adejumo with Sair Kuashi as Chairman
    17 Famfa Oil Ltd OPL 216 (OML 127) 1993 Folorunso Alakija wit Modupe Alakija as Chairman
    18 MoniPulo OPL 114, 239, 234, 231 1999, 2008, 2008, 2007 F.A. Agama with O.B. Lulu Briggs as Chairman
    19 Yinka Folawiyo Pet. Company OPL 113 1998 S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo as Chairman
    20 Zebbra Energy Limited OPL 248 2004 S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as
    Chairman
    21 Oil and Gas Limited OPL 249 and 140 2003, 2006 M.O. I drisu with Reggie Uduhim as Chairman
    22 Continental Oil and Gas Limited OPL 59 1998 Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman
    23 Emerald Energy Resources OML 141 2001 J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri,
    Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman
    24 Oranto Petr. Limited OPL 320 2002 Arthur Eze as Chairman
    25 Dajo Oil Limited OPL 320 2004 R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman
    26 Malabu OPL 245 Dan Etete as Chairman

    27 Orient Energy OPL 915, 916 N. Nwawka with Emeka Anyaoku as Chairman
    28 Sahara Energy Exploration OPL 284, 228, 332 2005, 2006 Buba Lawal, Cole Tonye, Odunsi Ade as Directors
    29 Enageed Resources Limited OPL 274 2007 Buba Lawal, Cole Tonye, Odunsi Ade as Directors
    30 Seplat OPL 4, 38, 41 2010 A.B.C. Orjiako and Austin Avuru
    31 Ekcrest E & P Limited OPL 40 2012 Emeka Offor as Chairman
    32 First Hydrocarbon OPL 26 2011 O.A Azazi as Chairman
    33 Neconde OPL 42 2011 Amesi Azudialu, John Umeh, Nnenna Obijesi
    34 Niger Delta Western OPL 34 2012 Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore
    35 Transcorp OPL 281 2011 Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye
    36 Starcrest, Cross River Energy & NPDC OPL 242 2011 Emeka Offor, Chris Garuba
    37 Starcrest OPL 291 Emeka Offor, Gidado Idris, Yzoni Yaw
    38 South Atlantic (SAPETRO) OPL 264 (130) 1998 Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman
    39 Oando OPL 278, 236 2005, 2006 Magoro, J.A. Tinubu, O. Boyo, M.O. Osunsanya, O. Adeyemo, O. Akpata, Oba Gbadebo, A. Peppe and Appiah Korang
    40 Ashbert OPL 325 Albert Esiri, Ifeoma Esiri
    41 Oil World OPL 241 2007 Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola
    42 Pan Ocean OPL 98, 275 1976, 2007 F.A. Fadeyi, M.D. Yusuf, S.D. Adeniyi
    43 Cleanwater Consortium OPL 289 2007 Arumeni-Ikhide Joseph, Okey Nzenwa, Abu Ibrahim.
    44 Afren Global Resources OPL 907, 917 2005, 2008 Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh
    45 Centrica/CCC/All Bright Consortium OPL 276, 283 2005, 2006 Jake Mirica, John Sheers
    46 Gas Transmission & Power Ltd OPL 905 2005 Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda
    47 Global Energy Company Limited OPL 135 2005, 2010 S.A. Onabiyi, M.A. Koshoni, T.T. Anyansho, J.N. Obiago
    48 New Nig. Devt. Company OPL 733,809, 810,722 Northern State governors
    49 Tenoil Petroleum Energy Services OPL 2008 2007 Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola, Nicholas Okoye, with Elumelu as Chairman
    Marginal Fields Operators
    1 Niger Delta Company Ogbele (OML 54) 1999 Aret Adams, Uduimo Itsueli, Sammy Olagbaju, David Richard, Udi Ibru and Fatona Layi
    2 Prime Petr. Ltd & Suffolk Petr Asaramaroru (OML 11) 2003 MacPepple Henry, Macpepple Joy, Macpepple Emmanuel, Macpepple Elfrida and Macpepple Victoria
    3 Oriental Energy Owok (OML 67), Ebok 2006, 2007 Alhaji Indimi, Usman Danburran
    4 Universal Energy Stubb Creek Field (OML 13/14 2003 Amana Nkoyo, Mianaekere Nelson, Abubakar Hayatou, Mboho Emmanuel, Ekpo Akpan, Inyang Etim (Akwa Ibom Govt.
    5 Eurafric Energy Limited Dawes Island (OML 54) 2003 Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Erastus.
    6 Pillar Oil Limited Umusati/Igbuku (OML 56) 2003 Onosode G.O, Fadahunsi O, Amakiri J., Hassan-Katsina Usman, Tonwe Basife, Obaseki Godwin, Akoyomare Ambrose, Fisher Abayomi, Anaekwena Anthony, Avuru
    Spencer, Onosode Spencer, Hassan-Babangida.
    7 Bayelsa Oil Company Atala (OML 46) Bayelsa Govt, Brigidi David, Alamieyesheiga Anitonbrapa, Ifimain Ekine, Jonathan Selereipre, Enddeley Francis, Chinwetelu Chris, Willians E.J., Aliyu Abubakar
    8 Movideo E&P Ekeh (OML 88) Idau Sadiq, Jacobs Kayode, Enahoro Victor, Mohammed Aishatu, Tugger Yusuf, Okwuaive Iyabo, Sadare Raymond
    9 Bicta Energy Ogedeh (OML 90) Adesemowo G.A, Bashir MM, Onumodu Soye, Akinro C.A, Malberbe T. Unejei T.
    10 Guarantee Petrr & Owena Oil Ororo (OML 95) Rufus Giwa, Ayodele Johnson, Fayose Abiodun, Unuigbe Odion, Omobomi Samuel, Rotimi Luyi, Adefarati Tunde, Duyie Korede, Ojo Segun, Ogedengbe Dele, Aidi Abass, Adegbonmire Wunmi, Amoye Mofisco, Ebiseni Sola, Oladunni Solomon, Agoi-George Segun, Akinruntan F.E, Hassan AlGazali, Eburajolo Victor, S.A. Ajayi.
    11 Platform Petroleum Limited Egboma (OML 38) Edmund Daukoru, Avuru Austin, Amachi Moshe, Adegoke Oluwafeyisola, Addo-Bayero Nasir, Ewendu Chidi .
    12 Sogenal Ltd Akepo (OML 90) Funso Lawal, Joda Abubakar, Harriman Hope, Odu Bunmi, Edohoeket Samuel, Yahaya Mohammed, Dada Nicholas, Yellowe Kenneth.
    13 Chorus Energy Amoji (OML 56) Akerele Chris, Mamman Samaila, Ihetu G.S. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba.
    14 Millennium Oil and Gas Oza (OML 11) Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk.
    15 Brittania U-Nigeria Ajapa (OML 90) Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O
    16 Network E & P Qua Iboe (OML 13) Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi.
    17 Waltersmith Petroman & Morris Petr. Ibigwe (OML 16) Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius.
    18 Midwestern Oil & Gas & Suntrust Oil Umsadege (OML 56 ) Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah.
    19 Independent Energy Limited Ofa (OML 30) Ikelionwu Emeka, Ohunmwangho Steve, Yar’Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma.
    20 Del Sigma KE (OML 55) Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru.
    21 Associated Oil & Dansaki Petroleum Tom Shot Bank (OML 14) Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina
    22 Frontier Oil Limited Uquo (OML 13) Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu.
    23 Energia Limited & Oando Prod. Devt Ltd Ebendo/Obodeti (OML 56) Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando
    24 Goland Petroleum Devt. Company Oriri (OML 88) Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi
    25 Excel Exploration & Production Eremor (OML 46) Abiodun Awosika as shareholder.
    26 Sahara Energy & African Oil Ltd. Tsekelewu (OML 40) Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bently John, Ciroma Musa, Odili Obi F., Du-Frayer.
    27 Green Energy International Ltd Otakikpo A.A. Olojede as shareholder.
    28 All Grace Energy Ubima (OML 46) Adeola Adenikinju, Sola Alab

  • Ogidiolu

    Thieves fighting amongst themselves for a share of the stolen money. Weep for Nigeria. It is this same Abacha’s son that was behind the execution squad that murdered Kudirat Abiola, Pa Rewane and others. Why is this mohammed abacha still breathing, have we even run out of rope used for hanging….weep for Nigeria