lionel

Posts by lionel:

Dan-Etete-Nigerias-former-minister-of-petroleum-resources

Malabu Scandal: How Etete bought luxury Dubai properties with funds

A leak of private property data in Dubai has shed new light on how the proceeds of a notorious $1.3 billion oil deal involving Shell may have been spent on luxury villas in the secretive Arab Emirate. PREMIUM TIMES' UK partner, Finance Uncovered, has discovered the name of former Nigerian…

Adeyemi Edun

Estate agent who helped Diezani Alison-Madueke buy properties in UK arrested

An estate agent who helped ex-minister, Diezani Alison-Madueke, buy properties in the UK has been arrested in Nigeria. PREMIUM TIMES reported how Adeyemi Edun helped Mrs. Alison-Madueke buy millions of pounds worth of properties in the UK. The former petroleum minister is held up in the UK where she is…

Dan Etete

Malabu Scandal: UK court rules in favour of Nigerian govt

A British judge ruled on Friday that up to $85 million from the notorious Malabu oil deal should be returned to the Nigerian government.   This is the first money to be successfully recovered from the $1.1 billion sale of the fantastically rich offshore oil block, OPL245, that has been…

Dan-Etete-Nigerias-former-minister-of-petroleum-resources

EXCLUSIVE: Malabu Scandal: Nigeria sues JP Morgan, demands $875 million

U.S. banking giant, JP Morgan, is being sued by the Federal Republic of Nigeria for $875million (N315 billion) in the London courts over its alleged failure to block payments made from a massive oil deal that is subject to a string of international corruption investigations. The Nigerian state quietly issued…

Former Minister of Petroleum Resources, Diezani Alison-Madueke

Nigerian who helped Alison-Madueke buy properties in London revealed

A London estate agent who appeared on the BBC's Homes under the Hammer has been named in an investigation into alleged corruption by a former Nigerian oil minister known as 'The Madam'. Court documents filed in the US allege King's Cross estate agency, Daniel Ford, helped to buy millions of…

Shell reports falling profit amid oil price slump

EXCLUSIVE: What Shell CEO told colleague about $1.3 billion OPL 245 scandal

The boss of one of the world’s biggest corporations was placed under secret surveillance as part of a pan-European corruption investigation into the way the firm paid $1.3 billion for an oil block in Nigeria, explosive documents leaked to Finance Uncovered reveal. The leak includes a recording of a wiretapped…