EXCLUSIVE: Top Nigerian businessman wanted for “international corruption” in Italy

He may be the owner of Abuja’s most luxurious building and a friend to several Nigerian government officials, past and present, but the noose is tightening on Aliyu Abubakar in Nigeria and in Europe.

Aliyu Abubakar

About a week after Nigeria’s anti-graft agency, EFCC, filed money laundering charges against him for his role in the Malabu $1.1 billion scandal, evidence has emerged that Italian authorities also want him for “international corruption” for his role in the matter.

Prosecutors in Milan, Italy, have therefore written to Nigeria’s Attorney General, Abubakar Malami, seeking the presence of Mr. Abubakar in criminal proceedings relating to the Malabu scandal.

The Italian request contained in a letter of notification to Mr. Malami are also connected to the recent nine-count charge filed by the EFCC against Mr. Abubakar, and eight others for their roles in the scandal.

Apart from Mr. Abubakar, others being prosecuted by the EFCC include a former Attorney General, Mohammed Adoke; former petroleum minister, Dan Etete; Malabu oil and Gas; and five other shady companies controlled by Mr. Abubakar.

Dan Etete
Dan Etete

It was to Malabu oil and gas, a company whose roots is marred in corruption, that the Nigerian government in 1998 controversially allocated OPL 245, considered Africa’s richest oil block.

PREMIUM TIMES had reported how Mr. Adoke and former finance minister, Yerima Ngama, approved the transfer of about $1.1 billion from Nigerian government’s account in London into Malabu accounts controlled by Mr. Etete.

The money was paid by oil giants, Shell and ENI, ‎into a federal government account, for OPL 245, estimated to contain 9 billion barrels of crude.

Only $801 million of the money could be transferred to Mr. Etete due to legal issues raised by Emeka Obi, a businessman who is also being charged by the Italians, in a British court.

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

Attorney General Mohammed Adoke says he will be attending a meeting against child sexual abuse in Belgium and won't be available for the Malabu probe
Former Attorney General, Mohammed Adoke

Investigations by authorities in Nigeria, UK, and Italy have found Mr. Abubakar – described by anti-corruption officials as ‘Mr. Corruption’ for his involvement in various questionable high profile deals – and others culpable in the scandal.

Mr. Abubakar is believed to have acted as a front for several politically exposed persons who  benefitted from the funds including Mr. Adoke and Roberto Casula, who was then the head of Eni’s business operations in sub-Saharan Africa.

Mr. Casula received $50 million cash in his Abuja home, Italian investigators found, while PREMIUM TIMES reported how another former Attorney General, Bayo Ojo, received $10 million. Mr. Ojo has since said that he did no wrong and the money was professional fees for services he rendered after leaving office.

The letter seeking Mr. Abubakar’s presence in Italy, as well as another letter, containing the charge against him, were jointly written by prosecutors in Italy’s Directorate of Criminal Justice, the office of International Judicial Cooperation and the Italian ministry of foreign affairs.

The purpose of the letters is to inform the accused, owner of the luxurious building beside Transcorp hotel, Abuja, and the Nigerian government of the allegations against the controversial businessman.

Dangote adbanner 728x90_2 (1)

According to the letters, dated October 14 and 15, Mr. Abubakar is expected to avail himself in Italy for trial.

In the “Notice of Proceedings,” the Italians stated that “Aliyu Abubakar. No. 32 Gana Street, Maitama Abuja (Nigeria) is hereby notified that criminal proceedings are pending against him at this Public Prosecutor’s Office for the following offence: International corruption with the aggravating circumstance of transnationality. Re. OPL 245.”

“Aliyu Abubakar is hereby requested to declare its domicile in Italy or to choose a domicile in Italy in order to be able to receive the notifications regarding the proceedings.”

The letter of notification was signed by an Italian director of foreign affairs, Stefano Opillo, while the notice of criminal proceedings against Mr. Abubakar was contained in a letter signed by Milan’s public prosecutors, Fabio de Pasquale and Sergio Spadaro.

Attorney-General of the Federation, Abubakar Malami PHOTO: Daily Trust
Attorney-General of the Federation, Abubakar Malami
PHOTO: Daily Trust

Mr. Abubakar could not be reached on Friday. Also, the spokesperson to Attorney General Malami, Salihu Isah, did not return calls or reply text messages sent to him on whether Nigeria would honour the Italian’s request.

Nigeria is, however, expected to ensure Mr. Abubakar’s availability to the Italians even it means extraditing him should he decline to make himself available voluntarily.

PREMIUM TIMES reported how Nigeria and Italy recently signed a mutual legal assistant treaty that guarantees such cooperation.

Malabu Infograph


PT Mag Campaign AD

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.

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


TEXT AD: To advertise here . Call Willie +2347088095401...

BE THE FIRST TO KNOW! Subscribe to our newsletter

* indicates required


Now available on

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