$1.1bn Malabu Scam: Leaked emails show Shell, Eni, Jonathan’s aides conspired to divert money to Etete

Former Minister Dan Etete, the man behind Malabu
Former Minister Dan Etete, the man behind Malabu

Despite repeated denial by oil giants, Shell and Eni, that they did not know that the $1.1 billion they paid for OPL 245 was meant to be diverted to Malabu Oil and Gas, leaked emails have revealed that both companies were culpable in the plan to transfer the money to the dubious firm.

Malabu Oil and Gas, a shady oil firm, was incorporated by former Petroleum Minister, Dan Etete, five days before the oil bloc was awarded to it by the military regime of Sani Abacha.

Shell and Eni claimed however that they only paid the money to the Federal Government and have dismissed suggestions they knew the money would ultimately be sent to Malabu and Mr. Etete, an ex-convict.

But leaked email exchanges between officials of Shell and Eni obtained and published by Italian journalist, Claudio Gatti, showed that both companies actually wanted the money transferred to Malabu.

The mail showed the oil giants were involved in plans to make the transfer possible through the Federal Government, and also conspired to hide their involvement in the shady deal.

According to the leaked emails, six weeks before the deal was signed, an escrow agreement dated March 7, 2011 was drafted among the Federal Government, Malabu Oil and Gas Limited, Nigerian Agip Exploration Limited (NAE) (Eni’s Nigerian Subsidiary), Shell Nigeria Exploration and Production Company Nigeria Limited (SNEPCO) (Shell’s Nigerian Subsidiary), and J.P. Morgan Chase with the following passage showing the money was destined for Malabu:

(C) Pursuant to the Resolution Agreement, NAE, on behalf of SNEPCO and NAE, has the obligation to wire transfer to the Escrow Account an amount of XXX million US Dollars ($XXX) to the benefit of FGN, within five (5) days from the date of execution of the Resolution Agreement.
(D) The above amount shall be released by the Escrow Agent to MALABU on behalf of FGN pursuant to this Agreement, upon receipt of the Completion Notice.

But on March 30, 2011, conscious of the fact that it was getting involved in a criminal act, Shell sent another email to Eni which basically suggested a “new structure” for the deal that would hide its involvement with Malabu.

This new structure, which was later agreed by all involved in the deal, including the Federal Government, was tagged Resolution Agreements (RAs). An email from an Eni manager to Shell reads:

In general terms, Shell’s proposal to divide the RA in two separate agreements addresses part of Eni’s concerns, although it will need some re-work on our side. More specifically:
[…]
– FGN is envisaged to be the one paying Malabu directly. There is no need to refer to the Escrow Agreement no2, NAE paying to FGN etc; FGN shall pay Malabu and the fact that the money shall come to FGN from NAE is another matter dealt with under RA2.
– In general, we request to de-link, as much as possible RA 1 from RA 2, so that completion of RA 2 in [sic] not subject to the transaction under RA 1. […]

Two weeks before the deal was finalized, a meeting was held to discuss the final resolution.

The leaked email revealed that those present at the meeting were: Malabu representatives, Rasky Gbingie, Dele Adesina (Mr Etete’s lawyer), Shell managers Peter Robinson and Nike Olafimihan, Eni managers Roberto Casula, Vicenzo Armanna and Giorgio Vicini, Attorney General Mohamed Adoke and officials of the Ministry of Justice and Department for Petroleum Resources.

The minutes of the meeting reads:

Agenda
Discussion of draft OPL 245 agreements
The parties discussed the New Structure of agreements, in particular with respect to the comments from DPR.
Parties agreed to have 3 separate agreements and discussed the body of the text.
Finally parties agreed on the final wording as per attached documents
Way forward
The 3 agreements have been initialled by the respective parties. Parties to define the date for execution of the agreements.

A final email from Eni to Shell days before the deal was finalized further discussed whether Malabu would be in the room when the deal would be signed with the Federal Government.

Would Malabu attend the meeting as well? The resolution agreement with Malabu shall be signed at the same date, as well as the Shell resolution agreement. Is this going to happen?

When UK-based transparency organization, Global Witness, confronted Eni with the email exchanges it replied saying the organization misinterpreted the letters.

“We believe the interpretation in your letter is erroneous,” Eni said.

It added that it contracted a United States audit firm to investigate its involvement in the deal and nothing incriminating was found against it.

It however did not provide further details of the audit when Global Witness demanded for them.

Eni, however, did not respond to Global Witness’ questions, but in April 2015, it told Global Witness that: “We do not agree with the premise behind various public statements made by Global Witness about Shell companies in relation to OPL 245”.

On Tuesday, a British judge turned down request by Mr Etete for $85 million to be released to his fraudulent company, Malabu.

Justice Edis of the Southwark Crown Court ruled that he was not sure the administration of President Goodluck Jonathan acted in Nigeria’s interest when it approved the transfer of the money to Malabu.

“I cannot simply assume that the FGN, which was in power in 2011 and subsequently until 2015, rigorously defended the public interest of the people of Nigeria in all respects,” the judge ruled.

The judge also suggested that former President Goodluck Jonathan was beneficiary of the slush funds and was the person Italian investigators referred to by the code name “Fortunato”.

“The suggestion from the wiretaps is that “Fortunato” was implicated and I am told that this was a reference in code (not subtle) to the former president of Nigeria, President Goodluck Jonathan,” the judge said.

Fortunato is an Italian word that means “luck”, “lucky” or “good luck”.

Calls for government to cancel the deal and prosecute culprits

The director of Global Witness, Simon Taylor, said, “We now know beyond all possible doubt or denial that Shell and Eni knew exactly where their payment was going.

“It’s high time they stopped trying to mislead the public and investors about their role in this dirty deal, which deprived Nigeria’s citizens of over $1.1bn.

“To put that into context, $1.1 billion is equivalent to 80% of Nigeria’s health care budget for 2015.”

A Nigerian anti-corruption campaigner, Dotun Oloko, said “the Nigerian government needs to demonstrate to Nigerians and the wider public that it can and will rigorously defend Nigeria’s public interest by cancelling this contract and prosecuting all found culpable of wrongdoing.”

Nicholas Hildyard of The Corner House argued that “this evidence shows that high level executives in Shell personally took part in the creation, negotiation, and execution of this corrupt deal.

“It is now a matter of urgency that the judicial authorities in the UK, the US, the Netherlands and Nigeria, join forces with the Italian investigation into Eni, and properly investigate the role of Shell and its senior executives in this deal.”

Antonio Tricarico of Re:Common said: “Given the gathering pace of investigations into this deal and a call by the Nigerian House of Representatives to cancel the deal in 2014, investors in Shell and Eni, including the Italian public should demand to know why they were exposed to such risk.”


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  • REDEEM

    Hmmmmm. In 1983, the desperation to win Ondo State by NPN led to the collapse of the Second Republic! Even when then President Shagari said he was not keen at winning Ondo and Oyo States, (he said he just wanted his 25%), his party henchmen in those states (especially Ondo) won’t agree. That was why on Tuesday August 16, 1983, (three days after the August 13 guber election) Dapo Alibaloye, went to now defunct Radio Nigeria in Akure to announce Akin Omoboriowo as governor-elect and he set Ondo State on fire. It was those who felt the carnage that can tell of the pains, some of which have NOT HEALED TILL TODAY! If you doubt me, ask children and family of Olaiya Fagbamigbe, Olu Agbayewa, Richard Jolowo, Tunde Agunbiade, Ayo Iluku, Ali Iginla, Adedotun Adeniyi and co. All these men (except Adeniyi) were consumed in the 1983 carnage. Fagbamigbe, then a member of House of Reps, was a staunch Awolowo loyalist, whose publishing firm, Fagbamigbe Publishers, published Awo’s famous trilogy: VOICE OF REASON, VOICE OF WISDOM and VOICE OF COURAGE. He was later to decamp to NPN. It was obvious that he was targeted during the violence and was senselessly and brutally murdered. Painful condemnable as it was, Fagbamigbe would have lived if not for the desperation of NPN to win Ondo State then!

    Some people want to set Nigeria on fire again via obscene desperation for power consolidation. Those who are outside the country defending them, una own better. Those I pity are those within whose lives will be disrupted by civil strife. That time, it will not matter where you stand. War does not recognise that——————-

    • Rommel

      Are you a thief or supporter of thieves?

      • Niyi Akinlabu

        He is a receiver of stolen goods.

        • Julius

          lolz..the stolen good is oil !

      • Julius

        He is both and a drug addict !

      • Onike24

        I am not a gambling woman, but if I were my money would be on both of the above.

  • REDEEM

    Buhari and the moaning mourners in APC led by the Neo Biafrans -hanging around his his gate at Aso rock-are by this fake janjaweed story describing Shell——as–one of the most corrupt unthinking oil firms in Nigeria-abi? If Buhari has nothing else to do with his empty brain–he should not trouble his soul attacking Shell and describing their activities as evil against the Ijaw Nation that has not benefitted anything from the oil exploaration actiivities of oil firms in Nigeria. Aware it was Shell that imposed Buhari on Nigerians via the USA–So to call them thieves means the Ibos have something else their sleeves——Etete as an Ijaw man has all the rights in the world to be given an oil block by late Abacha—The Ibos should pls confine their evil thoughts against the Ijaw Nation——on some other ethnic groups–such as the tribe Danjuma who was also given an oil blokc by late Abacha-hails from——-Why is it that the oil block gifted Ijaw man Etete is the one creating trouble-around the glone and not that of Damjuma’—Why are the Ibos chasing Etete from pillar to post with the aid of Obj? How many oil wells do the Ijaws own in the creeks of the Niger Delta-since oil was discovered in 1957? Not one oil block–Yet the Ibos –Fulani and Yorubas will not leave the Ijaw Nation alone-separation is the answer—

    • musa aliyu

      Hear these morons, theft is involved and they are reducing it to tribe. Lord save Nigeria.

      • share Idea

        Which theft are you talking about. Danjuma sold his oil block, it was not classed as theft but a southerner sold his own, it is now a headline for PT

  • agbobu

    $1.1billion Fraud: British Judge questions Jonathan’s integrity, stops Etete from getting N17 billion

    December 15, 2015Idris Akinbajo

    Former President Goodluck Jonathan

    RELATED NEWS

    Malabu OPL245 Fraud: Dan Etete wants Nigeria’s N17 billionDecember 14, 2015

    EFCC grants ex-Minister Etete bail over $1.1 bn Malabu fraudJune 25, 2015

    EFCC reopens investigation, quizzes Etete over dubious $1.1 billion Malabu oil dealJune 20, 2015

    The N155billion Malabu Scam: EFCC quizzes Jonathan’s associate who helped distribute ‘slush fund’November 30, 2015

    Despite widespread corruption, Jonathan insists his govt is winning war against graftJanuary 9, 2015

    A British Judge on Tuesday refused to release $85 million (N17 billion) to Malabu, a fraudulent company controlled by Nigeria’s former petroleum minister, Dan Etete.

    In refusing to release the money to Malabu, Justice Edis of the Southwark Crown Court declared that he was not sure the administration of President Goodluck Jonathan acted in Nigeria’s interest when it approved the transfer of the money to Malabu.

    “I cannot simply assume that the FGN which was in power in 2011 and subsequently until 2015 rigorously defended the public interest of the people of Nigeria in all respects,” the judge ruled.

    PREMIUM TIMES had reported how the Jonathan administration controversially approved the transfer of $1.092 billion from Nigeria’s JP Morgan account in London to Nigerian accounts controlled by Malabu.

    The money was paid by global oil giants, Shell and ENi, for Africa’s richest oil bloc, OPL 245.

    The former Attorney General of the Federation, Mohammed Adoke, and the former Minister of State for Finance, Yerima Ngama, signed the documents approving the transfer to Malabu.

    The fraudulent deal, shaded in various layers of corruption, has been condemned by Nigerians and international transparency advocates and is being investigated by authorities in four different countries.

    THE SEIZED $85 MILLION

    The $85 million was seized at the request of Italian prosecutors who are also investigating the deal. The money was the last part of the OPL 245 largesse not yet distributed.

    Sensing that the Muhammadu Buhari administration was yet to find its feet on international legal matters, Mr. Etete approached the British court and asked that the money be returned to him.

    At a two-day hearing that started on November 23, Mr. Etete’s lawyers argued that there was no fraud in the deal and asked that the money be released to him.

    While Mr. Etete argued that the money be released to him, the Italian prosecutor argued that “their investigation could lead to a potential forfeiture of the money down the road.” a source who has followed the case and was present at the proceedings told PREMIUM TIMES.

    Malabu’s lawyers told the court that freezing the money was an assault on Nigeria and questioned how the court could imagine that Messrs. Adoke and Ngama would be a party to a corrupt deal.

    THE RULING

    While giving his ruling on Tuesday, Justice Edis said while he could not say for certain if the deal was fraudulent pending conclusions of investigations, it would be inappropriate to release the money to Malabu.

    “I am not making any findings of fact about misconduct by anyone. I am simply assessing the evidence before me to determine whether a restraint order should be discharged which was granted by way of MLA (Mutual Legal Assistance between the UK and Italy) to support an investigation by the Italian authorities,” the judge said.

    The judge also made reference to evidence provided by the Italian authorities that ex-President Jonathan was directly involved in the fraudulent deal.

    “The suggestion from the wiretaps is that “Fortunato” was implicated and I am told that this was a reference in code (not subtle) to the former President of Nigeria, President Goodluck Jonathan,” the judge said.

    “Aliyu (Abubakar) is said to be associated with him and Aliyu received, in a way which was not transparent, $523m of the money paid for the OPL 245 licence in August 2011.”

    PREMIUM TIMES had reported how fictitious companies owned by Abubakar Aliyu, a man referred to as ‘Mr. Corruption’ by anti-graft officials, received over half ($532 million) of the total $1.092 billion.

    Mr. Aliyu, a close ally of Mr. Jonathan was recently quizzed by EFCC operatives for the first time despite being a central character in the deal whose investigation was virtually stalled during the Jonathan presidency.

    ACTIVISTS REACT

    Reacting to the ruling, Simon Taylor of Global Witness stated that “Given the gathering pace of the EFCC investigation in Nigeria under new leadership and a call by the Nigerian House of Representatives to cancel the deal in 2014, investors in Shell and Eni should demand to know why they were exposed to such risk.”

    The UK based Global Witness has been at the forefront of the demand for transparency in the deal and other similar deals across the world.

    Also reacting to the judgement, Dotun Oloko, an anti-corruption campaigner in Nigeria said, “In light of these allegations in a UK court, the role of the senior Nigerian officials involved in this deal, including Goodluck Jonathan, must now be fully investigated.”

    With the ruling, Nigerian now has the opportunity to not only claim the money but also another $110.5 million of the funds held in a Swiss bank while investigations continue.

    Below is a statement by Global Witness after the court ruling:

    Court refuses to unfreeze funds from “smash and grab” raid on Nigerian oil block

    Prosecutors allege that “fronts for President Goodluck Jonathan of Nigeria” received US$523m in proceeds of “smash and grab” OPL 245 deal

    Southwark Crown Court today rejected an attempt by a company owned by the former Nigerian oil minister Dan Etete to unfreeze US$85m in proceeds of the corrupt deal for the Nigerian offshore oil block, Oil Prospecting Licence 245 (OPL 245), which was sold to Shell and Eni for $1.1bn in 2011.

    The funds were restrained at the request of Italian authorities, who are investigating the sale of the block by Malabu Oil & Gas, a company secretly owned by Mr Etete, to the international oil companies.

    The Federal Government of Nigeria (FGN) under Goodluck Jonthan acted as a middleman in the deal, and the court received evidence based on wiretaps that prosecutors allege show that the then President, Goodluck Jonathan, was directly involved. The deal deprived the Nigerian people of a sum equivalent to 80% of the country’s 2015 health budget.

    “In light of these allegations in a UK court the role of the senior Nigerian officials involved in this deal including Goodluck Jonathan must now be fully investigated,” said Dotun Oloko, a Nigerian anti-corruption campaigner.

    Evidence from US authorities presented to the court and included in the judgement “shows payments following circuitous routes which total $523m and which arrived at Abubakar Aliyu, aka ‘Mr Corruption’” […] “Aliyu’s companies are allegedly fronts for President Goodluck Jonathan of Nigeria”. The Crown Prosecution Service, acting at the behest of the Public Prosecutor for Milan (PPM), described OPL 245 as a case of “grand corruption”.

    The OPL 245 deal is currently under investigation by the Public Prosecutor of Milan, the UK’s National Crime Agency (NCA), and the Nigerian Economic and Financial Crimes Commission (EFCC). The EFCC have reportedly recently interviewed Abubakar Aliyu in connection with the case, and earlier this year interviewed Dan Etete.

    Justice Edis of Southwark Crown Court turned down Malabu’s application to discharge the freezing order rejecting Malabu’s arguments that the Crown had failed to follow proper procedures in securing the freezing. Justice Edis concluded in his judgement:

    It is extremely important that what I am about to say is not misunderstood. I am not making any findings of fact about misconduct by anyone. I am simply assessing the evidence before me to determine whether a restraint order should be discharged which was granted by way of MLA to support an investigation by the Italian authorities. That investigation is not complete (and appears to be still at quite an early stage). What misconduct it may ultimately prove, if any, will be a matter for the PPM and the Italian court if proceedings are brought. However, precisely because I cannot reach firm factual conclusions, I cannot simply assume that the FGN which was in power in 2011 and subsequently until 2015 rigorously defended the public interest of the people of Nigeria in all respects. Mr. Fisher QC who appeared for the CPS used the phrase “grand corruption” to describe the form of corruption in which the state itself is culpable. The suggestion from the wiretaps is that “Fortunato” was implicated and I am told that this was a reference in code (not subtle) to the former President of Nigeria, President Goodluck Jonathan. Aliyu is said to be associated with him and Aliyu received, in a way which was not transparent, $523m of the money paid for the OPL 245 licence in August 2011.

    “Given the gathering pace of the EFCC investigation in Nigeria under new leadership and a call by the Nigerian House of Representatives to cancel the deal in 2014, investors in Shell and Eni should demand to know why they were exposed to such risk,“ said Simon Taylor, a Director of Global Witness.

    Suspects named in the Italian case include Eni and its current and former CEOs Claudio Descalzi and Paolo Scaroni, as well the company’s Chief Development, Operations & Technology Officer Roberto Casula and former executive Vicenzo Armanna. Other suspects in the Italian case include Dan Etete and middlemen Emeka Obi, Gianluca Di Nardo and Luigi Bisignani. Shell and Eni have denied any wrongdoing.

    “It is clear from evidence in the public domain that high level executives in Shell personally took part in negotiating this deal. Citizens in the UK, US, Netherlands and Nigeria should demand that Shell and its executives are investigated in their respective countries,” said Nicholas Hildyard of The Corner House.

    Shell and Eni have invested at least $1.8bn in purchasing and developing the block, which they own 50-50. It reportedly holds probable reserves of 9.23 billion barrels of oil, which if proven, would represent the equivalent of a third of Shell’s proven reserves, and two thirds of Eni’s.

    Antonio Tricarico of Re:Common said: “$85 million paid by Eni and Shell for the benefit of Dan Etete’s company Malabu remains frozen in London. The time has come that Eni and Shell come clean about what they knew about this deal and who else this money was intended for.”

    • Very Proud Oily IZON Redeemer

      @WAHALA——-Who the hell is that judge to question the integrity of Jonathan———?———–Besides-why did the said Judge not question the Integrity of SHELL that sold the oil blcok and handed over the proceeds to the rightful owner Etete-via Jonathan?—Is Shell operation in Katsina or the SS of the Niger Delta? Monkey—-Shell sells an oil well then gives Jonathan the money to hand over to Etete————-then some Apes in APC ati THEIR MOANING MOURNERS FROM THE FAR EAST———-now moves to demonize the Ijaw Nation-via Etete-animals

  • Very Proud Oily IZON Redeemer

    Buhari and the moaning mourners in APC led by the Neo Biafrans -hanging around his his gate at Aso rock-are by this fake janjaweed story describing Shell——as–one of the most corrupt unthinking oil firms in Nigeria-abi? If Buhari has nothing else to do with his empty brain–he should not trouble his soul attacking Shell and describing their activities as evil against the Ijaw Nation that has not benefitted anything from the oil exploaration actiivities of oil firms in Nigeria. Aware it was Shell that imposed Buhari on Nigerians via the USA–So to call them thieves means the Ibos have something else up their sleeves——Etete as an Ijaw man-from the SS, has all the rights in the world to OWN AN oil block which late Abacha- gave him–The Ibos should pls confine their evil thoughts against the Ijaw Nation——on some other ethnic groups–such as the tribe Danjuma who was also given an oil blokc by late Abacha-hails from–in Taraba state—-But why is it that the oil block gifted Ijaw man Etete, is the one creating trouble-around the globe and not that of Danjuma’—Why are the Ibos chasing Etete from pillar to post with the aid of Obj? How many oil wells do the Ijaws own in the creeks of the Niger Delta-since oil was discovered in 1957? Not one oil block–Yet the Ibos –Fulani and Yorubas will not leave the Ijaw Nation alone-separation is the answer–not the rule of the Fulanis, Yorubas ati their Ibo surrogates——————–Animals-

    • musa aliyu

      Ah! Today the Igbos have joined your insulting train!? Wonderment wey don pass wonderful. No other Ijaw man has oil block? Anoda wonderfulation. Dooo oh!

      • Very Proud Oily IZON Redeemer

        It was an Ibo man who took etete to court—-via the pleas of Obj—————————a Yoruba man–Tell your Ibo warlord to lay off Etete–he has more rights to the oil wells in the creeks of Yenagoa than him–Blame the mess on Etete who left his Oyibo wife—–for an Ibo woman———————–separation with no attachment to any ethnic group–regardless———-THAT IS OUR GOAL

  • THE SOURCE

    While the nation was boiling over and there was a political logjam in the land as
    the people insisted that Abacha and his goons handover the mandate of MKO Abiola to the elected president, TY Danjuma was busy lobbying Abacha for an oil block.

    Abacha offered him an oil block and
    effectively bought him over, and that was that. Danjuma also obtained OPL 246, OPL 130 from subsequent.

    It may be true that Danjuma has sold
    his interest in SAPETRO to the China National Offshore Oil Corporation for nearly $1.5 billion, it is a fact that the loot in his hands are yours and mine; it our collective assets grabbed by soldiers of fortune, which is why one feel insulted when it was reported that Danjuma spoke about the ‘Somalialisation’ of Nigeria.

    It is unfortunate that the Almanjeris, Talakawas and Boko Haram are inflicting pains and death on people of poor and hopeless means like themselves when the likes of Danjuma, Jeremiah Useni, Gwazo, the Abachas, Babangida and Buhari who played leading roles in ruining the nation and in confining them to inferior life and poverty are living a life of opulence, splendour and abundance.

    Danjuma also has his hands in several other businesses in the nation, including shipping, insurance, banking, and interests in several other sectors of the Nigerian economy.

    Most of the terrible stumbles Nigeria made are traceable to the actions, inactions, misdeeds, greed and blunders committed by Danjuma and his fellow fortune hunters who wore Nigeria’s military uniforms and used it to achieve personal gains, and retired into lives of preternatural comfort.

    Let us not deceive ourselves, the Chief Security Officer of a state is the governor.

    Where are our Northern governors? Borno is a failed state, Jigawa is almost a failed state. Kano is threatening to be a failed state.

    For three decades Danjuma was a strong and influential part of several military juntas that robbed the nation, looted her resources, starved her people, brutalized the masses, exalted force, brutal power, and their use and abuse as the best way to express superiority, authority and correctness.

    Nigerians have suffered untold abuse and physical torture from the same armed forces they paid to recruit, train, compensate, deploy, clothe and feed.

    Most of our people have only known
    the rule by force, brutality and draconian laws that showed no respect for human dignity. Many have been horse-whipped,
    kicked, dragged, flogged, belted, brutalized, and dehumanized by men of the Nigerian armed forces to an extent that using force to settle personal disputes has become the preferred

  • LLC London

    Premium Times Editor,

    How to resolve OPL 245 as a financial crime

    We write out of concern for the duped people of Nigeria. We are mindful that Nigeria’s president is not well educated.
    The President – Mr. Buhari – may not have a clear understanding that Nigeria was robbed of $1.1 billion on OPL 245.
    His aides and advisers could break it down for him if they are not themselves angling for a slice of this wicked theft.
    If Nigerian government wishes to pursue a remedy – sadly Buhari does not show concern – there are several steps.
    We will not normally give unsolicited advice to an insouciant government, like Buhari’s, but we grieve for Nigerians.
    The first step which Buhari can deliver on at home is to bring Dan Etete’s lawyer – DELE ADESINA – into custody.
    That lawyer is the linchpin of this financial crime on the private side – his official counterpart is ADOKE [the A.G].
    Dele Adsina’s arrest will clear the web of conspiracy and clear the way to effective prosecution of these thieves.

    • Sunday OGUNKANMI

      Pity you don’t seem to know how management works. As head of management, you do not need a degree from Havard or Yale to be successful. Buhari does not need to be lettered to be a success in his present assignment. That is why he has ministers, special advisers, assistants, civil servants and so on to work with. Much of what he needs is sincerity of purpose and altruism to make this country great

      • Very Proud Oily IZON Redeemer

        If it was that easy—Nigeria would have gone past Singapore, Dubai—Taiwan and even China in the area of development—————animals

    • olu_kay

      I agree, the arrest of Dele Adesina and Mohammed Adoke will open a can of worms about how the loot was shared and heist planned.

      • Very Proud Oily IZON Redeemer

        We the people of the Ijaw Nation believes in (talk na do) action————————-Not the rantings of the moaning mourners—-ati the Buharimice hired on the web–to lead the pack liars led by an Ibo manu Wahala with a Fulani father—————-wanting to force biafra down the throat of the Ijaw Nation-Soon it will be for the Ijaw Nation Ojukwu would have won-Biafra for the Ibos——-Biko—–do not start a war u cannot win–Buhari wants to produce 2.2m barrels of my crude oil daily abi-to Nigeria–May be the 39b he voted for oil exploration in the Fulani North–will pave the way for the freedom of the Sunni Muslims in the Fulani North–Freedom in poverty is better than slavery under the oil wealth of the SS-ati the rule of our internal colonizers

        • olu_kay

          You are a loser, get a life and stop ranting nonsense and go and do something meaningful with your life.

          • Höly Wähala

            That is Deri Orbuka for you, the legendary clown I drove mad, he calls everyone @Wähala since I chased him away from Sahara Reporters… enjoy being me for a moment. Didn’t I tell you that I am an icon on social media? Deri Redeem may be mentally retarded but he is damn sure smarter than @Ramatu, @Gbola @Bayo Ola, @Ernesto “Che” Guevera… and yourself, all combined into one mind. Deri can write, and he does make some sense rarely… unlike you fools I’ve just mentioned. Again, enjoy being me. Oloshi!

          • olu_kay

            The way you chased Deri Orbuka from Sahareporters is the same way I will chase you by the time i’m done with you. You are no match for Ramatu and I.

          • Very Proud Oily IZON Redeemer

            U are a big He goat—All u did was to block me—-as an Ibo man who thinks the views of others do not matter in the souith east—Only theirs——–So I had to be blacklisted in a society that all must be free to express their views–If u can do this rubbish with your know how in computers–what would u not do to the Ijaw Nation should they make the mistake of alignning with u the Ibos—in the south east—movement from one slave master to another—abi—-? For- u no sane Ijaw man or woman would ever want to share even a glass of water with an Ibo man——–That is what it means————–Such an arrangement with the Ibos is too scary to contemplate for our unborn children-Do not make the same mistake that Ojukwu made by gunning for Edo ati the North Cebntral in his greed to create yr own biafra in the bight of biafra–far away from Nigeria

          • Very Proud Oily IZON Redeemer

            @wahala go and fight for your baifra and leave the Ijaws Nation alone –we are not interested–and let me warn u for the last time this is a public forum it is not meant for the Ibos alone—-period————-Nigerians are waiting for the announcement of your departure time—-and not all these noise from u—-an Ibo an is an Ibo man——selfish to a fault–that is your trouble–greed–why cant u go at it alone—?animals

    • Very Proud Oily IZON Redeemer

      Another moaning mourner from the camp of the Apes in APC—your ranting would have been justified if oil was found in your state or zone—-from Delta to where have u in the SS————-the oil wells will be seized and taken over by the Ijaw Nation without attachment to any ethnic group in Nigeria-Every local government council in the SS, have the right to fly her own flag at the UN–For u are all traitors–that can not be trusted–the fewer the merrier—even if the price of oil is 2 dollars per barrel—we are better off leaving Nigeria for the dirty smelly awoof loving parasites-from the old regions of Nigeria….

    • Deen Tee

      Is the report written in Efik? Even if PMB does not understand, does he not have those that understand more than what you (Mr. Know all) understand? If you are happy that the money that belongs to all, is being distributed to a few who have contributed nothing to Nigeria, then go to the public and show your face that you support thieves.
      PMB is there today, let him deal with those he can deal with, provided they are truly involved in one mess or the other. When he leaves, let another president deal with PMB and the ones left aside by PMB. If GEJ really had interest of this country at heart and he was convinced that OBJ mismanaged the economy of Nigeria, who prevented him from investigating him and probably prosecute him. But because GEJ is more of greedy and fraudulent president, he did nothing while in government and after leaving government, he started sponsoring some of the beneficiaries of his government to attack OBJ; when he had the opportunity do what is right as the sitting president.

    • Abiboss

      It happened during Jonathan administration. Some of his men were part of the deal including Jonathan himself a.k.a fortunato. People of naija are suffering but these people are working free. Some people like who suppose to know better by against all these thieves turn eyes to the other side because people you know are involved. This is the only country I don’t understand how people reasoning.

      • Very Proud Oily IZON Redeemer

        Monkey the oil wells were given to Etete and Danjuma by Abacha as gifts So–why are the ibos not contesting that of danjuma-?–But are sponsoring media war against the Ijaw Nation—Simply-because their is to make sure they economically strangle the Ijaws–so that they can have control over their thoughts-for the Fulanis ati Yorubas-abi?–In the poverty stricken environment of the SS. Freedom without attachment to any ethnic group in Nigeria-is our goal-enough is enough

  • Omotolaaraujo

    Who wants to conduct business with looters and gangsters? Only criminals. Show some commitment Nigeria.

    • Very Proud Oily IZON Redeemer

      Another moaning mourner from the camp of the Apes in APC—your ranting would have been justified if oil was found in your state or zone—-from Delta to where have u in the SS————-the oil wells will be seized and taken over by the Ijaw Nation without attachment to any ethnic group in Nigeria-Every local government council in the SS, have the right to fly her own flag at the UN–For u are all traitors–that can not be trusted–the fewer the merrier—even if the price of oil is 2 dollars per barrel—we are better off leaving Nigeria for the dirty smelly awoof loving parasites-from the old regions of Nigeria

      • dede

        Redeemer,

        Old boy, is it not your Ijaw Oil money Dele Adesina and Adoke Muhammed are stealing away?
        Instead of you to fight on that point you’re fighting those struggling to stop the stealing, haba!

        • newshound

          EDITOR SIR,

          Please update us on the progress of the London metropolitan police findings from its
          money-laundering investigation of Olusegun Obasanjo Foundation that was used to
          assist criminals in public office in Africa to transfer money into safe bank accounts overseas,
          after some 10% commission is paid to the Obasanjo Foundation, chaired by General Olusegun Obasanjo himself.

          If Nigeria is honest to bring this matter to justice in its own court it may be consolidated
          with the separate case of $180 million Haliburton bribe implicating Obasanjo and two
          other Nigerian heads of state, according to the investigations done and submitted
          to the U.S federal court.

          • Very Proud Oily IZON Redeemer

            U are asking for the impossible–They will never do any such thing–That Obj is a thief–Buhari is a rogue-?–No way—Premium Times is working for the CIA—like Sharia Reporters-Theirs is to make u ever remain gullible to their ideas—if not how can a Nation like Nigeria qith over 170m humans have a half baked soldier as president in the 21st century-?—-look at the economy of Nigeria now in shambles-separation is the thing–not the rule of the Fulani ati Yoruba traitors

        • Very Proud Oily IZON Redeemer

          Have u not been aiding them tripod since 1957 when oil was discovered in the SS–to steal my oil revenue—————when u had your cocoa, revenue at source was 100 percent—But soon after my oil exploration started Awo ati members of the tripod brought it down to 13 percent———and u are here talking without shame——Having depended on my oil revenue for over 60 years–Now————-working with the Fulanis to steal more from the Ijaw Nation–separation is the only way out–animals

  • Very Proud Oily IZON Redeemer

    Leave Tompolo Or We Will Help America Fulfill It’s
    Prediction On Nigeria: Niger Delta Militants Warn Buhari.

    Twelve Niger Delta militants known as ex agitators met on
    Thursday concerning the invitation by the Economic and
    Financial Crimes Commission (EFCC) to one of their leaders
    Government Tompolo.

    In a press statement which was signed by a foremost
    militant Mr. Egbesu Mightier Fraternity, the group warned
    the Federal Government will ‘get what they want’ should they
    continue to toe the path of harassing their leaders.
    They issued a cease and desist order threatening Nigeria’s
    strategic oil interests and hinting that any attacks on Oil
    facilities will make things worse for Nigeria in the light of the
    recent decline in oil prices.

    “With oil prices slipping below 40 dollars a barrel, if the
    government of President Buhari is willing, we will help to
    reduce its price of barrel to 15 dollars.
    Nigeria will collapse under the watch of All Progressive
    Congress (APC) and President Muhammadu Buhari as we
    will do everything necessary to actualize the American
    prediction“.

    “The silence in the region is a legacy of former President
    Umaru Musa Yar’Adua should not be thrown away on the
    altar of vindictiveness. The government should thread with
    caution and wisdom by ensuring that anything capable of
    provoking anger in the region is avoided or else every
    region shall maintain their respective resources because the
    money belongs to the people of the region and not APC and
    Buhari government“

  • Simple!

    WITHOUT ARRESTING DELE ADESINA [S.A.N] WHO DRAFTED THE INITIAL AGREEMENT
    ON HOW TO STEAL THIS OIL MONEY BY SALE OF A STOLEN OPL245, BUHARI CAN NEVER
    GET TO THE ROOT OF THIS CASE, BECAUSE DAN ETETE CONCEIVED THE THEFT AND HIRED
    DELE ADESINA TO PROVIDE THE LEGAL COVER ON HOW TO GET AWAY WITH IT LAWFULLY.

  • agbobu

    DIEZANI WE THE PEOPLE WISH YOU VERY SPEEDY RECOVERY, SO THAT YOU CAN RETURN ALL THE MONEY YOU, YOUR CRONIES, AGENTS, ETC LOOTED AND STOLE FROM NIGERIA AND FINALLY FACE THE JUSTICE SYSTEM AND LAWS OF NIGERIA.AS FOR ESCAPING TO THE DOMINICA, JUST FORGET THAT AND DO NOT THINK ABOUT IT. THE BRITISH AUTHORITIES WILL MAKE SURE THAT IT WILL NEVER HAPPEN. THE OTHER THING THAT YOU MUST HAVE IN MIND IS THAT WE THE PEOPLE ARE VERY WILLING, VERY ABLE AND VERY READY THAT IT WILL NEVER HAPPEN. YOU YOUR ‘OGA’ OR WHO KNOWS WHAT GOODLUCK JONATHAN,ETC WILL BE MADE TO PAY VERY DEARLY FOR YOUR CRIMES AGAINST NIGERIA AND HUMANITY.

    • Titus Oliha

      …but i want to understand something…..you say this Dan Etete stole $1.2b oil money……
      and he is playing around inside his car….or is it not his photo you are showing us so?……..
      …..are you saying only ten Naira thief will go to prison in Nigeria?…is that CHANGE?…..

      • Dan Arewa

        So according to your sense of reasoning, this photo was taken seconds before this article is published.