Malabu $1.1 billion‎: EFCC files fraud charges against Adoke, Etete, Aliyu

Former Attorney-General, Bello Adoke

The anti-graft EFCC has filed fraud charges against Nigeria’s former Attorney-General, Mohammed Adoke; a former petroleum minister, Dan Etete; and a controversial businessman, Abubakar Aliyu, and others for their roles in the ‎Malabu $1.1 billion shady deal.

The 9-count charge was filed at the Federal High Court, Abuja on Tuesday, sources at the EFCC told PREMIUM TIMES.

PREMIUM TIMES had reported how Mr. Adoke and former finance minister , Yerima Ngama, approved the transfer of about $1.1 billion into Nigerian accounts controlled by Mr. Etete.

Dan Etete
Dan Etete

The money was paid by oil giants, Shell and ENI, ‎into a federal government account, for OPL 245, considered the richest oil bloc in Africa.

After the transfer to Mr. Etete, over half of the money was paid to accounts of shady companie‎s controlled by Mr. Aliyu.

Although Mr. Adoke has repeatedly claimed he did no wrong, investigations by authorities in Nigeria, UK, and Italy have found him culpable in the scandal.

More details later…


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

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: To place a text-based advert here. Call Willie - +2347088095401


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.