Malabu $1.1 billion Scandal: EFCC files fresh corruption charges against Shell, Eni, Adoke, Etete, others

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

Nigeria’s anti-graft agency, EFCC, has filed fresh corruption charges against two multinational oil firms, Shell and Eni, for their roles in the Malabu $1.1 billion scandal.

The charges were filed at the FCT High Court on Thursday afternoon against the oil majors and nine other individuals and firms.

Some of the others charged alongside Shell and Eni are two former Nigerian ministers, Mohammed Adoke (Justice) and Dan Etete (Petroleum), as well as controversial businessman Aliyu Abubakar.

The suspects are accused of, among others, conspiring to defraud the Nigerian government.

The new charges are part of an international collaboration to ensure all those who partook in the $1.1 billion OPL 245 scandal are brought to justice.

The OPL 245 oil block is currently owned by the Nigerian government after a temporary court order granted an EFCC application.

Shell and Eni have since appealed the order asking that the block be returned to them. Both firms paid the $1.1 billion into a Nigerian government account in 2011. Most of the money later ended up with shady individuals including Messrs. Etete and Abubakar.

Details later…

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.

Donate


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: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It


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.