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

epa05113059 (FILE) A file photo dated 30 July 2015 showing a company flag flying infront of the head office of Royal Dutch Shell in The Hague, The Netherlands. Royal Dutch Shell plc on 20 January 2016 reported a sharp fall in profits for the last quarter of 2015 as low oil prices hit earnings and the company restructured to reduce costs. Shell said it expected fourth-quarter earnings to be between 1.6 billion and 1.9 billion dollars, down from 4.2 billion dollars in the fourth quarter of 2014. Full-year earnings, including the impact of lower prices on the company's oil inventory, are expected to total 10.4 billion to 10.7 billion dollars, about 45 per cent lower than the 19 billion dollars reported in 2014.  EPA/JERRY LAMPEN [Photo Credit: Financial Times]
epa05113059 (FILE) A file photo dated 30 July 2015 showing a company flag flying infront of the head office of Royal Dutch Shell in The Hague, The Netherlands. Royal Dutch Shell plc on 20 January 2016 reported a sharp fall in profits for the last quarter of 2015 as low oil prices hit earnings and the company restructured to reduce costs. Shell said it expected fourth-quarter earnings to be between 1.6 billion and 1.9 billion dollars, down from 4.2 billion dollars in the fourth quarter of 2014. Full-year earnings, including the impact of lower prices on the company's oil inventory, are expected to total 10.4 billion to 10.7 billion dollars, about 45 per cent lower than the 19 billion dollars reported in 2014. EPA/JERRY LAMPEN [Photo Credit: Financial Times]

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 telephone conversation between Shell’s chief executive, Ben van Beurden, and his then chief financial officer, Simon Henry, in the immediate aftermath of a raid by Dutch financial police on the corporation’s headquarters in The Hague.

In the 14-minute tape, Mr. van Beurden is heard discussing the raid earlier that day in which thousands of documents relating to a deal it struck in Nigeria were seized – a deal currently being investigated over allegations that $1.1 billion knowingly flowed to a convicted money launderer.

Mr. Van Beurden is heard on the intercept warning Henry not to volunteer any information that is not requested if approached by the police and discussing the ramifications for the company’s share price.

And in one extraordinary passage, he bemoans “loose…pub talk” by two former MI6 operatives the company had employed to gather intelligence in Nigeria ¬– and who had speculated which politicians might get “payoffs” if Shell secured a deal.

The conversation took place in February last year when Dutch authorities raided Shell’s HQ after a request from counterparts in Italy.

Italy and the Netherlands are investigating the $1.3 billion purchase of the Nigerian oil block OPL 245 by Shell and Italian oil major Eni in 2011.

The Italian case centres on allegations that Shell and ENI knowingly paid $1.1-billion to a former Nigerian petroleum minister for OPL 245, a concession he had improperly awarded to himself while in office.

Most of the money allegedly flowed as kickbacks to Nigerian government ministers and Eni executives.

The intercept is understood to form part of the Italian prosecutor’s case against Shell, which is now being prosecuted together with Eni in Milan. The Nigerian Economic and Financial Crimes Commission is pursuing a separate prosecution in Abuja against Shell, Eni and others.

As part of the Italian legal process, the evidence that the prosecutor intends to use has been shared with the implicated parties ahead of a court hearing on April 20 to confirm the charges.

Shell and Eni strongly deny any wrongdoing, and there is no suggestion that Mr. van Beurden, who only became CEO in 2014, played any part in the deal. Both companies insist they have cooperated fully with the authorities.

The February 2016 raid came at a sensitive time for the Shell CEO.

Two days earlier, Shell had finalised a merger with BG Group. Touted as a legacy-defining moment for Mr. van Beurden, who earns more than $20 million a year, it turned Shell into the world’s biggest producer of liquefied natural gas.

The evening of the raid, February 17, Mr. van Beurden phoned chief financial officer Simon Henry to discuss what police might have discovered, and how Shell could limit the fall-out.

At the outset of the conversation, he tells Mr. Henry he is stepping out of the room so he can’t be overheard by the family nanny – unaware of the police eavesdroppers and a far wider audience.

They then discuss the raid and which of their offices had been examined. Mr. Van Beurden then refers to an ongoing internal investigation led by Shell’s own legal chief.

When Mr. Henry asks for an update on that, the CEO replies: “I don’t think they have found anything that was clearly incriminating or that sort of suggested that we were colluding or doing anything inappropriate.”

He adds: “But there was apparently some loose chatter between people from the [OPL 245] team, particularly the people that we hired from MI6 who, er, must have said things like, “Well, yeah, you know, I wonder who gets a pay-off here and whatever”, so it’s unhelpful email exchanges. It’s, it’s … I haven’t seen them but apparently they were judged to be, you know, just pub talk in emails which was stupid. But nevertheless it’s there.”

Finance Uncovered believes these are Guy Colegate and John Coplestone, who worked for Shell as “senior business adviser” and “strategic investment adviser” respectively.

According to documents seen by Finance Uncovered, they had been instrumental in gathering the intelligence that helped Shell to acquire the much-prized oil block, OPL 245, a field that increased Shell’s proven oil reserves by a third.

In the wiretap, Messrs. Van Beurden and Henry then agreed about the need to inform the UK Serious Fraud Office and the US Department of Justice about the raid, especially because the OPL 245 deal “happened at a time we were of course under deferred prosecution agreement, so, we should have maybe at the time been a more open with the DoJ [US Department of Justice] than we now find we have been.”

With all eyes on Shell’s share price following the BG Group merger, both men expressed their reluctance to disclose all but the most limited information to shareholders via the US Securities and Exchange Commission.

As Mr. van Beurden put it, “the last thing you want of course is some sort of request to issue a stock exchange release when there is nothing to be said other than we are being asked to provide information”.

Finally, Mr. van Beurden rang off with a friendly reminder to Mr. Henry, who planned to go in to the office the following morning despite the ongoing police operation: “You probably … know this, [but] don’t volunteer any information that is not requested.”

In response to questions posed to Shell, Messrs. van Beurden and Henry, a spokesperson said: “Given this matter is currently under investigation, it would be inappropriate to comment on specifics. However, based on our review of the Prosecutor of Milan’s file and all of the information and facts available to Shell, we do not believe that there is a basis to prosecute Shell. Furthermore, we are not aware of any evidence to support a case against any former or current Shell employee. If the evidence ultimately proves that improper payments were made by Malabu or others to then current government officials in exchange for improper conduct relating to the 2011 settlement of the long-standing legal disputes, it is Shell’s position that none of those payments were made with its knowledge, authorization or on its behalf.

“We are taking this matter seriously and are fully co-operating with the relevant authorities. This includes when appropriate having shared the key findings of an investigation led by Debevoise & Plimpton LLP, an independent international law firm. We have also accurately reported on the OPL 245 settlement in our annual reports.

“Shell attaches the greatest importance to business integrity. It’s one of our core values and is a central tenet of the Business Principles that govern the way we do business.”

He added: “We notified the US and UK authorities of the visit to Shell’s office by the Dutch Prosecutor, and we subsequently shared with them the findings of our internal investigation.”

John Copleston and Guy Colegate could not be reached for comment.

OPL BACKGROUND

Until a prosecutor in Milan launched an investigation in 2014, few outside the oil industry had heard of OPL 245.

But it is estimated to contain 9.3 billion barrels of oil, enough to power Africa for seven years.

It also contains vast gas reserves and was eyed by companies from China and Russia for years.

But out of all the majors, Shell, which has a long history in Nigeria and can count on powerful contacts right to the top of the Abuja government, was most determined to secure the drilling rights.

In 1998, Nigeria’s then oil minister, Dan Etete, had awarded the licence to a front company, Malabu Oil and Gas, in which it later emerged he held a significant stake.

After a new president came to power, Malabu lost its rights as they were reassigned to Shell. Later, the position reversed and Shell began legal proceedings against Nigeria.

In 2007, Mr. Etete, by then out of Nigerian politics, was convicted in a Paris court for his part in a separate money laundering scandal. The conviction was upheld on appeal in 2009.

Undeterred, Shell, which had spent hundreds of millions of dollars on initial testing in the OPL 25 waters, joined forces with Italy’s Eni. Negotiations were conducted with Mr. Etete and his advisers in luxury hotels in Europe and Nigeria.

In 2010, as Shell continued to negotiate the acquisition of OPL 245 with Mr. Etete, Goodluck Jonathan, his close ally, became Nigeria’s president.

In documents seen by Finance Uncovered, a deal was almost reached in October 2010 in which Shell and Eni would pay Malabu directly.

But this was scuppered by the threat of a legal challenge from a third party in Nigeria.

With Shell receiving intelligence that Mr. Jonathan was keen to see a deal finalised ahead of presidential elections, further negotiations took place on how to avoid any direct payment to Malabu.

In April 2011, Mr. Etete and the oil giants agreed a fee of $1.3 billion.

Under the terms, Shell and Eni were to make payments only to the Nigerian government.

The thinking behind this arrangement, memorably described by one fixer as a “condom” between the buyer and seller, was that at no point would Shell or Eni make direct payments to Malabu or Etete, by now officially recognised as a criminal.

Instead Eni paid $1.1bn direct into the Nigerian government’s escrow account with JP Morgan in London, while Shell settled the $210m ‘signature’ fee with Nigeria.

By August 2011, the bulk of the $1.1bn was transferred from the ownership of the people of Nigeria to Mr. Etete and his alleged conspirators.

Where all of it ended up will probably never be known – tens of millions were used to buy a private jet and armoured cadillacs in the US.

It is also alleged millions were paid to Nigerian government officials and fixers, including Goodluck Jonathan himself who denies the allegation.

The Italian court case, which is due to start on April 20, may shed more light on the affair.

“PUB TALK, OR DEAL TALK?”

Finance Uncovered believes the “loose chatter” and “just pub talk” mentioned by Shell CEO Ben van Beurden in his wiretapped phone conversation refer to emails sent and received by John Copleston and Guy Colgate.

The pair have been described by the public prosecutor in Milan as former MI6 officers employed by Shell. They were key figures in Shell’s attempt to secure the OPL 245 rights from Dan Etete and Malabu.

From October 2009 onwards, they met with Mr. Etete or his advisers and fed intelligence back to senior Shell managers.

In Shell internal documents seen by Finance Uncovered, the duo told their superiors that money was likely to flow to President Goodluck Jonathan and other powerful figures. This intelligence also made its way into briefings supplied to Shell’s top executives.

After Mr. Jonathan became acting president of Nigeria, Mr. Colegate emailed a senior Shell executive in The Hague on March 9 2010 to brief him on a meeting he had just had with a source in Paris. He said Mr. Etete “can smell the money” and that “others in the mix might not let him” walk away from a deal at this stage. The following day, Mr. Colegate’s email was forwarded to then-Shell CEO Peter Voser.

On July 15 2010, Mr. Colegate had a long meeting with a source in Paris, and then briefed Mr. Copleston and Peter Robinson, Shell’s then vice-president for Commercial in Africa.

According to the email, the source, seemingly an Etete intermediary, claimed President Jonathan had confirmed Etete’s right to the oil block.

Mr. Copleston wrote this move is “clearly an attempt to deliver significant revenues to GLJ [Goodluck Jonathan] as part of any transaction”.

He added that “the clear driver is to get cash into the system ASAP”, and that, for Jonathan and his oil minister, “this is about personal gain and politics”.

On August 23 2010, Mr. Robinson prepared briefing notes for his boss, Shell then head of exploration Malcolm Brinded, ahead of his meeting with his Eni counterpart.

The briefing note, informed by his intelligence on the ground, said: “In country view [from Nigeria] is that the President is motivated to see 245 closed quickly – driven by expectations about the proceeds that Malabu will receive and political contributions that will flow as a consequence – reinforces need for a solution quickly.”

In another briefing document written in the late stages of the negotiations, Mr. Brinded briefed Simon Henry and Mr. Voser about the transaction structure to say: “Eni will pay on behalf of itself and SNEPCo [a Shell subsidiary], an amount of $1.09bln. This will be used by the FGN [Federal Government of Nigeria] to settle all claims from Malabu.”

Shell, Eni, and Mr. Jonathan deny any wrongdoing. Etete did not respond to requests for comment.

Simon Taylor, director of campaign group Global Witness, which has spent several years investigating the deal, said: “This is one of the worst corruption scandals the oil industry has ever seen. Today’s new evidence shows senior executives at the world’s fifth biggest company knowingly entered into a corrupt deal with that deprived the Nigerian people of $1.1billion. To put that in context, the deal is worth more than Nigeria’s entire health budget for 2016.”

Messrs. Robinson, Brinded and Voser – all of whom have since left Shell — could not be reached for comment.


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  • Dawood

    See how that thief and bastard Jonathan fleeced this country dry? Yet the moral leper runs around receiving VIP treatment, and smiling. Meanwhile his thieving and useless wife, Mama Piss, finds a corrupt judge to allow her access to a clearly stolen $5 million of Nigeria’s money. Chei, right now I want my dictator Buhari back. This democracy thing is nonsense. It allows thieves like Saraki, Dino, Jonathan, Mama Piss, and the rest of them to walk around free, laugh at us and give us the finger at the same time. Naija don suffer.

    • Yemi

      Unfortunately Buhari is comatose. The old Buhari of the 1980s was helped by General Idiagbon, Buhari himself is not able to lead or to proffer any solutions. The first thing he should have done was to weed out corrupt and evil judges such as those that let off the Ademolas and unfroze the money of Patience. The current CJN is not going to fight corruption. PMB had the opportunity to appoint a corrupt fighting Chief Justice and blew it. His deputy Osibajo is no fighter of corruption either since he pushes the appointment of the CJN. We need a Jerry Rawlings in Nigeria to wipe out the evil political and judicial class who are bleeding us dry.

      • I just dey ask O!

        @disqus_BnsIH5npt7:disqus

        The latest scandal under BUHARI…..

        A conspiracy to import five [5] billion fake tyres into Nigeria took place in January because
        the Senate looks more like a criminal organization than a legislative body – a serious perception
        that made it possible for the conspirators to dare the laws of Nigeria and conspire to get valid
        import permit from Standards Organisation of Nigeria (S.O.N) to perpetrate this latest financial crime.

        What went on with Nigeria’s law and order in Nigeria – symptomized by ignorant court verdicts,
        can be understood in relation to the January incident of five million defective tyres imported
        into Nigeria, which reportedly passed through Nigeria’s Customs on the ground stated by
        the Customs Officials that the Customs is only authorized to impound contraband goods,
        but has no right under the laws of Nigeria to intercept shipment for non-conformity with
        reasonable standards of manufacturing, insofar as Nigeria’s law commits that decision
        on goods quality assessment exclusively to the Standards Organization of Nigeria.

        The last may not have been heard on that five (5) billion Naira tyres scam.
        Chinese Embassy has diplomatic duty to put the best case forward to protect
        its own citizens. A legal defence of the implicated Chinese men will surely pass
        through the Standards Organization permit issued by a federal agency (S.O.N) –
        intently approving the violation of Senate-passed federal laws against any and
        all counterfeited goods. China will continue to protest that this was authorized
        import for which its own citizens should not be singled out for criminal penalty,
        if the Standards Organization of Nigeria’s Directors are being overlooked.

        • No-Comment

          “If as Nigeria’s Attorney General Mohammed Adoke suggests, Shell and ENI knew that the ultimate destination of the US$1.1 billion paid by Shell and the Italian energy company (ENI) for a Nigerian oil block – OPL 245 – would be Malabu Oil and Gas company and Chief Dan Etete, then, this transaction might well fall foul of anti-bribery legislation in the United Kingdom, the United States and Italy.

          The reason is that a substantial monetary ’reward’ ended up being paid to a company controlled
          by an individual, who had arguably abused his public position to obtain OPL 245 in opaque
          circumstances during the General Abacha dictatorship in Nigeria

          …….…..Global Witness (U.S.A)

          (November 12, 2012)

    • Ikonoklast 2000

      @disqussant777:disqus

      Goodluck Jonathan walks into a long and solitary night

      The worst blunder Goodluck Ebele Jonathan made in life is to get on this OPL 245 deal,
      and that’s besides relying on the limited knowledge of Adoke Muhammed (his appointed
      private counsel doubling as Nigeria’s attorney-general). Were the duo more aware they’d
      seen they weren’t on any good wicket from outset. First of all, Nigeria’s laws prohibited any
      outright ownership of OPL 245 by a foreign company. In effect, the purported private sale
      of OPL 245 to the consortium of Shell and Eni/Agip was illegal, null and void right from outset.
      No rights flow from an illegality; nothing was therefore bought by Agip’s payment of $1.3billion.
      That’s the effect of an illegal transaction – it is downright void and of no business effect at all.

      All else that happened later on did not help matters or show any sense or knowledge of law.
      Jonathan was implicated by transferring the $1.3 billion firstly to JP Morgan bank in New York,
      before ordering a re-transfer to JP Morgan branch in London. That first transfer, albeit briefly,
      was subject to the laws of the United States of America, by territorial jurisdiction.

      That’s why President Obama ordered the U.S Department of Justice to investigate the transfer
      in June 2013. Yesterday, the prosecutors in Italy confirmed that they’ve now received relevant
      excerpts from America’s Federal Bureau of Investigations F.B.I. And now, with the F.B.I
      investigations done, the U.S Congress would raise eyebrows if executive inaction follows, given
      that Italy has said the entire OPL 245 transaction is “moneylaundering in the context of bribery“.
      That’s why Goodluck Jonathan may be walking into a long night over his involvement in this deal.

      • Sanssouci

        When the rumours of this deal started surfacing some years back I was certain it was all legit because GEJ had a SAN Adoke on his side, turns out I was dead wrong. It is unimaginable that a lawyer actually chose to proceed with such a massive deal with a convicted felon and obviously forged company documents.

        • Fili.Okun

          @ismaila_katakore:disqus

          Truth is there is just no way ex-President
          Goodluck Ebele Jonathan can claim exoneration from this set of compelling
          facts. No one else had the right to authorize payment of money into Nigeria’s
          overseas oil account in America except himself, as the then president. Jonathan
          will need something more convincing than a plea of ignorance, because he also
          signed the settlement agreement, according to ex-attorney general Adoke
          Muhammed who issued a press statement last month asking rhetorically if
          Goodluck Jonathan has since denied his signature. Because he signed the
          settlement agreement (as obligor, according to Adoke Muhammed) and because
          he authorized payment by Eni/Agip into Nigeria’s official account in America,
          Goodluck Jonathan will need more than an alibi, when later facts show that
          the money was actually not an official payment, but private funds, which were
          later withdrawn, shared and pocketed by the half a dozen naively amateurish
          OPL 245 deal-makers.

          • Sanssouci

            Of course i wasnt in anyway exonerating GEJ, at any rate ignorance is never a defense in law, im just surprised a SAN with knowledge of the consequences would agree to such.

          • Opekete

            With billions of Dollars flowing into private pockets and some of it flowing into PDP headquarters, GEJ and Adokie did not believe that they will lose the election in 2015. In their mind PDP will rule for 60 years and by that time all the principal actors in this ungodly deal would have passed on and their children will be enjoying the loot while the rest of us will be feeling the pain.

          • Sanssouci

            Yes, but even if PDP had won as they planned, this italian case would have still proceeded, even if all in Naija died, How can Adoke a SAN not think that this has huge international implications. Hind sight as they say is 20/20 vision, this case is just mind boggling

        • Peter_Edo

          my brother, that kin money dey confuse person. especially people wey never see REAL money before!

    • Izon REDEEMER

      Yr father is a bastard———————————–a pig headed fool————————Only an animal like yr very self will insult an innocent man–who was not even President when the said oil block was awarded to Etete——–Handed to him– long before Jonathan became President—by Abacha——why did Obj not able to take over the oil wells–during the 8 yrs that he was in power—-?—-Separation is the only way out—with these mumu Ibos

      • Netanyahu

        Wetin concern Ibos with this story. Since 1967 you have been in control of your affairs. We are talking about 50 years ago. You chose your friends, neighbors and business associates. Did Ibos interfere with you in any manner? When you used to gloat about your”northern brothers”, did we complain? In the whole of this transaction was any Ibo named. Did any Ibo even know when these discussions were going on with your northern brothers? When did Dawood become Ibo Muslim name? I think your hatred for Ibos is driving you nuts. Stop drinking this unrefined ogogoro too early in the morning otherwise…

        • Julius

          Be serious, Igbos have always being involved in the affairs of the country. You might choose to pretend like you didn’t know. Even after the civil war, Igbos made huge amount of money in trying to revive the Eastern region..ask the people in the know . One or two were involve in this deal as well. Keep following the saga.

  • Spoken word

    Dumbo the one and only fortunato.

    • Izon REDEEMER

      Evil minded clown from the old regions in d far east of Nigeria–stealing from the SS———————————— animals

      • Absolutely Sane

        Take it or leave it GEJ or whatever you call him is a super thief. I don’t give a damn about whatever region anybody comes from; what I know is to call a spade a spade. If at this point in time you could remember Rilwan and the likes from the North, what happened to the time before now? GEJ had all the opportunity to have probed all these people but he chose to join them, make his own money, clean mouth and step aside to become godfather. The current administration too could have decided to do same and we would never have heard of any of this cases. But, thankfully for us, they chose probity. So, with all the greed of GEJ and the ones you formerly mentioned, I don’t think regional bigotry should come into play now for our country to move forward. Anybody found culpable should be made to face the wrath of the law.

      • Rommel

        GEJ administration out-stole all others put together,how about that for reality check

        • Kefas Samu

          Liar lying as usual, na today?

  • Dan maikoko

    Once the educational system is compromised then all sorts of characters can hold high office which does not look like much until you see a report like this. Put the stupidity of the way records of the money are left for anyone to follow, just think what would Jonathan do with 200 million dollars at age 55?

  • Izon REDEEMER

    Sad that Premium Times had to plant lies for readers to consume– with a view to helping the Fulanis and Yorubas justify their control of the oil wells in the South South————-The said Oil Blocks was handed over to Etete by Abacha———————-Another to Danjuma———————— so why is is Premium Times lying that it was Etete that awarded the oil wells to himself——-?—Hear PT–again——-in this fake publication—————-

    (The Italian case centres on allegations that Shell and ENI knowingly paid $1.1-billion to a former Nigerian petroleum minister–(Etete) for OPL 245, a concession he had improperly awarded to himself while in office.)——Unquote

    Meanwhile all knows late Abacha gave the two oil wells to———————–Etete and Danjumah————–why is it that that of Damjuma with his tribal marks from Taraba state in the North was not touched–by d Tripod—But that of Ijaw man Etete is under dispute–more than 20 years after the wells were handed over to Etete-by Abacha who helped to create Bayelsa state for the Ijaws——————And-the first and only Ijaw man to be awarded an oil block by a Kanuri man——–Abacha————————————————————————————————-Sadly when the Yorubas discovered oil in their backyard it was Falawiyo that was made to explore for the oil–not in the Niger delta–The same goes for the Fulanis in Borno state–their oil firm is in charge—–Not in the south south——sha where their oil wells are all in the hands of the Fulanis—Ibos and Yorubas—————————animals—————–

  • Dr Pat Kolawole Awosan

    In civilize world,anybody who commit corruption crime no matter the position he held in public or private-multi-national corporation,would swiftly, be investigated,if found culpable would be prosecuted and penalized.Nobody is above the constitution of the nation.Only in Nigeria, where endemic corruption hold sway can some fellows claim to be superior to the law of the land.

    • Izon REDEEMER

      U are a mental case———-here again with yr smelly regional stockfish like sweats—-abi?—————————-Is Babachir the grass cutter in Prison’?’ What about Buratai the Dubai thief–ati the father of all thieves——Amaechi —–‘ Dambazua and Prof Yakubu of INEC who stole more than 800m from UBEC? How many Oil Ministers from the Fulani North has ever been investigated by Nigeria since 1960—————? Was Jubril Aminu—who distributed oil blocks like balls of akakra ever called to question-?–What of late Rilwan Lukman who owns oil rigs and oil wells in the South south—–?————David West went to prison for glancing at a rolex wrist watch—Etete oil block to be seized by the tripod very soon—Deizani all her properties that she acquired before becoming oil minister seized–by the fake efcc——————Separation now

      • Lanre

        I agree with you 100%. It is strange that Jubril Aminu and Rilwanu Lukman are saints but Tam David-West, a villain. Only in Nigeria.

  • Izon REDEEMER

    @Pat U are a mental case———-here again with yr smelly regional stockfish like sweats—-abi?—————————-Is Babachir the grass cutter in Prison’?’ What about Buratai the Dubai thief–ati the father of all thieves——Amaechi —–‘ Dambazua and Prof Yakubu of INEC who stole more than 800m from UBEC? How many Oil Ministers from the Fulani North has ever been investigated by Nigeria since 1960—————? Was Jubril Aminu—who distributed oil blocks like balls of akakra ever called to question-?–What of late Rilwan Lukman who owns oil rigs and oil wells in the South south—–?————David West went to prison for glancing at a rolex wrist watch—Etete oil block to be seized by the tripod very soon—Deizani all her properties that she acquired before becoming oil minister seized–by the fake efcc————–The said Oil Wells was allocated to Etete by Abacha—-and not Jonathan—–How could Jonathan have made money from such a dela –U tell me now–animals—-Separation now or nothing

  • Lanre

    Having worked with Oyinbo men, I can testify that they too are corrupt. The Difference? They have water, electricity, good roads and decent homes. You cannot get to where they are by stealing money that belongs to the people. Let the people in Brass and Bonny decide how their money is spent, not Abuja. That way Etete and Jonathan cannot work with Obasanjo, Yar’adua, Abacha and Atiku to deny the People of Niger Delta what belongs to them.

  • Absolutely Sane

    Every facts presented in the excerpt below show that GEJ knowingly got himself involved in the deal for his own individual gain. You cannot blame Adoke or anybody for GEJ’s involvement in the scandalous deal. GEJ’s involvement is deliberate and for personal gain. So, no amount of grammar all of you put together will exonerate GEJ because he is not a toy. Every happenings during his tenure like shielding all the corrupt individuals(Stella Oduah, Alison Madueke and co) in his government and sacking of CBN governor showed that he is absolutely corrupt but only wearing a deceptive look. Read

    According to the email, the source, seemingly an Etete intermediary,
    claimed President Jonathan had confirmed Etete’s right to the oil block.

    Mr. Copleston wrote this move is “clearly an attempt to deliver
    significant revenues to GLJ [Goodluck Jonathan] as part of any
    transaction”.

    He added that “the clear driver is to get cash into the system ASAP”,
    and that, for Jonathan and his oil minister, “this is about personal
    gain and politics”.

    On August 23 2010, Mr. Robinson prepared briefing notes for his boss,
    Shell then head of exploration Malcolm Brinded, ahead of his meeting
    with his Eni counterpart.

    The briefing note, informed by his intelligence on the ground, said:
    “In country view [from Nigeria] is that the President is motivated to
    see 245 closed quickly – driven by expectations about the proceeds that
    Malabu will receive and political contributions that will flow as a
    consequence – reinforces need for a solution quickly.”

    • Izon REDEEMER

      Who gave the said Oil block to Etete as a gift—was it Late Abacha or———Jonathan? Until u answer that question Ibo man get the hell out of here with yr evil thoughts against the Ijaw Nation–animals

    • Izon REDEEMER

      -Is Babachir the grass cutter in Prison’?’ What about Buratai the Dubai thief–ati the father of all thieves——Amaechi —–‘ Dambazua and Prof Yakubu of INEC who stole more than 800m from UBEC? How many Oil Ministers from the Fulani North has ever been investigated by Nigeria since 1960—————? Was Jubril Aminu—who distributed oil blocks like balls of akakra ever called to question-?–What of late Rilwan Lukman who owns oil rigs and oil wells in the South south—–?————David West went to prison for glancing at a rolex wrist watch—Etete oil block to be seized by the tripod very soon—Deizani all her properties that she acquired before becoming oil minister seized–by the fake efcc————–The said Oil Wells was allocated to Etete by Abacha—-and not Jonathan—–How could Jonathan have made money from such a dela –U tell me now–animals—-Separation now or nothing

  • Izon REDEEMER

    -Is Babachir the grass cutter in Prison’?’ What about Buratai the Dubai thief–ati the father of all thieves——Amaechi —–‘ Dambazua and Prof Yakubu of INEC who stole more than 800m from UBEC? How many Oil Ministers from the Fulani North has ever been investigated by Nigeria since 1960—————? Was Jubril Aminu—who distributed oil blocks like balls of akakra ever called to question-?–What of late Rilwan Lukman who owns oil rigs and oil wells in the South south—–?————David West went to prison for glancing at a rolex wrist watch—Etete oil block to be seized by the tripod very soon—Deizani all her properties that she acquired before becoming oil minister seized–by the fake efcc————–The said Oil Wells was allocated to Etete by Abacha—-and not Jonathan—–How could Jonathan have made money from such a dela –U tell me now–animals—-Separation now or nothing

  • dan

    My question: why did Obasanjo withdraw the OPL 245 license from Etete, give it to Shell, only to later give it back to Etete, prompting Shell taking Nigeria to court? What caused the change of mind by Obasanjo? Did something exchanged hands? This is another area we should also look into.

    • New Nigerian

      I’d echo TDaniels2 post above. There is enough facts to start a case based on the known actors – Let those pull in whoever they shared the money with

  • TDaniels2

    For the attention of President Muhammadu Buhari: Time is speedily running out to save Nigeria!
    We don’t need to chase 100% of all the crooks and corrupt persons in Nigeria, just a opulent of dozens will be a good start, mr president. Saraki, David Mark, Dino Maleye, Adoke, Diezani, Etete, Okonjo-Iweala.
    Let’s just pick the shell case as an example:
    The charge sheets are very simple: That you Adoke, Diezani, Okonjo-iweala conspired with others at large to open a foreign bank account in the UK in the name of FGN without proper authority and also approval of CBN; that you, all the accused caused the $1.3bn paid by Eni and Shell to the FGN to be disbursed and siphoned to persons other than the FGN; that you, all the account caused the federation account to suffer a loss of $1.3bn paid by the IOCs.
    That based on the above facts, all the accused are guilty of fraud, bribery &corruption, money laundering, conversion of proceeds of criminal properties. Consequently, committed to live in prison with hard labour.
    Why is it so difficult for the government to prosecute these felons? The case is obvious to ordinary persons. The media is awash with the details of crimes committed by these so called former ministers who who were ment to be serving the country to the best of their abilities and protecting Nigeria’s national interes?
    Are our law enforcement agencies, including EFCC so weak and inept that a simple matter like this can’t prosecuted?
    Are members of the current government also involved in this corruption scandal that it becomes compromised and such unable to follow through?
    DOJ, Italian and Dutch authorities are already pouring our the car like bees, yet the victim country, appears to be doing nothing,! Habaaah!
    At stake is 9billion barrels of crude, estimated at $0.5 trillions at current market price, and image of Nigeria and fellow Nigerians because of the nefarious activities of a tiny mini sue miscreants!

  • knowledgeman

    Goodluck’s Luck Will Run Out As More Details Emerge In Malabu’s OPL245 $1.3 Billion Scandal

    This case really shows all that is sad about the Nigerian society. Why does a government need individuals to sell our oil?
    Nigeria is the only Oil producing country that practices this corrupt system that enriches a few at the expense of the majority.

    There’s no doubt that the crook, Dan Etete awarded the oil block undervalued, to himself whilst in office as oil minister. He and his cohorts, using Malabu as a front, undervalued OPL245 and paid peanuts for the largest oil field in Africa.
    Their greed and corruption has finally caught up with them and many of this greedy b—-rds will end up in prison eventually.

    There’s no way Badluck Jonathan can wriggle out of this. He was definitely at the centre of it all. Whilst Nigerians trusted elected officials to provide them with a decent standard of living, these vagabonds in power behaved like drunken sailors intent on defrauding the country.

    Even judging by the high level of corruption in Nigeria, this theft of $1.3 billion is truly audacious and excessive. International commentators have named it as the biggest theft of oil money in the world. Trust Nigerians to break the wrong type of records.

    What a sad day for Nigerians.

    This is why the country is still impoverished. Over $400 billion has been frittered away over the last 40 years by ape men masquerading as human beings. The most illiterate, incompetent and corrupt sycophants always rise to the top in Nigeria’s warped political system.

    That’s why :
    • There are no good roads in Nigeria.
    • Boko Haram abducted 200 children from a school and most of them remain missing after three years.
    • There are no good hospitals in Nigeria.
    • Many States cannot afford to pay teachers and other key workers.
    • The Nigerian Police Force & The Army look like vigilantes when you see them at check points.
    • Many schools have fallen into disrepair and nothing done about it.
    • Even as I write this, billions of the country’s wealth is in foreign bank accounts whilst Nigeria has now been reduced
    to the list of countries where children are starving to death.
    • The list goes on and on…..

    Saudia Arabia, the world’s largest oil producer does not manage its oil wealth in a convoluted way as Nigeria does.
    This OPL245 scandal has really exposed the wider issue of allocating oil blocks to individuals and dubious ‘international energy companies’

    The Nigerian government must REVOKE ALL LICENCES HELD by the following and place the operation of our key natural resource in a well-managed public company, so that all Nigerians can truly benefit from the nation’s wealth.
    Oil Block owners & operators:

    1 Alfred James Petroleum OPL 302 1991 Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman
    2 Soglas Nigeria Limited OPL 226 1991 Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman
    3 NorthEast Petroleum OPL 215, 840 &902 1991 Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman
    4 Optimum Petroleum OPL 310 1992 R.D. Adelu, Yusuf N’jie and O.A. Aremu with Ibrahim Bunu as Chairman
    5 Sunlink Petroleum OPL 238 & OPL 311 1993 Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei

    6 Express Petroleum OPL 108 & 227 1995 Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman
    7 Dubril Oil Co. Nigeria OPL 96 1987 B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.
    8 Amni Int. Petroleum OPL 112 &117 1998 &1999 E.C Edozien, Tunde Afolabi with Sanni Bello as Chairman
    9 Atlas Petroleum Int. Nig Ltd OPL 109 1996 Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman
    10 Consolidated Oil OPL 103, 458, 136 1993, 1998 &2006 O. Adenuga and Ebi Omatsola with Mike Adenuga as Chairman
    11 Oriental Energy Resources OPL 115 1999 Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman
    12 Cavendish Petroleum Nig. Ltd OPL 110 1996 Gambo Gubio with Mai Deribe as Chairman
    13 Allied Energy Resources Nig. Ltd OPL 120 & 121 2001 Mickey Lawal as Director with Kase Lawal as Chairman
    14 Peak Petroleum OPL 122 2001 Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman
    15 Summit Oil Nig. Limited OPL 205 and 206 1990 L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman
    16 Crownwell Petroleum Ltd OPL 305 AND 306 1993 S.K Adejumo with Sair Kuashi as Chairman
    17 Famfa Oil Ltd OPL 216 (OML 127) 1993 Folorunso Alakija wit Modupe Alakija as Chairman
    18 MoniPulo OPL 114, 239, 234, 231 1999, 2008, 2008, 2007 F.A. Agama with O.B. Lulu Briggs as Chairman
    19 Yinka Folawiyo Pet. Company OPL 113 1998 S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo as Chairman
    20 Zebbra Energy Limited OPL 248 2004 S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as
    Chairman
    21 Oil and Gas Limited OPL 249 and 140 2003, 2006 M.O. I drisu with Reggie Uduhim as Chairman
    22 Continental Oil and Gas Limited OPL 59 1998 Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman
    23 Emerald Energy Resources OML 141 2001 J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri,
    Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman
    24 Oranto Petr. Limited OPL 320 2002 Arthur Eze as Chairman
    25 Dajo Oil Limited OPL 320 2004 R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman

    26 Malabu OPL 245 Dan Etete as Chairman

    27 Orient Energy OPL 915, 916 N. Nwawka with Emeka Anyaoku as Chairman
    28 Sahara Energy Exploration OPL 284, 228, 332 2005, 2006 Buba Lawal, Cole Tonye, Odunsi Ade as Directors
    29 Enageed Resources Limited OPL 274 2007 Buba Lawal, Cole Tonye, Odunsi Ade as Directors
    30 Seplat OPL 4, 38, 41 2010 A.B.C. Orjiako and Austin Avuru
    31 Ekcrest E & P Limited OPL 40 2012 Emeka Offor as Chairman
    32 First Hydrocarbon OPL 26 2011 O.A Azazi as Chairman
    33 Neconde OPL 42 2011 Amesi Azudialu, John Umeh, Nnenna Obijesi
    34 Niger Delta Western OPL 34 2012 Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore
    35 Transcorp OPL 281 2011 Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye
    36 Starcrest, Cross River Energy & NPDC OPL 242 2011 Emeka Offor, Chris Garuba
    37 Starcrest OPL 291 Emeka Offor, Gidado Idris, Yzoni Yaw
    38 South Atlantic (SAPETRO) OPL 264 (130) 1998 Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman
    39 Oando OPL 278, 236 2005, 2006 Magoro, J.A. Tinubu, O. Boyo, M.O. Osunsanya, O. Adeyemo, O. Akpata, Oba Gbadebo, A. Peppe and Appiah Korang
    40 Ashbert OPL 325 Albert Esiri, Ifeoma Esiri
    41 Oil World OPL 241 2007 Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola
    42 Pan Ocean OPL 98, 275 1976, 2007 F.A. Fadeyi, M.D. Yusuf, S.D. Adeniyi
    43 Cleanwater Consortium OPL 289 2007 Arumeni-Ikhide Joseph, Okey Nzenwa, Abu Ibrahim.
    44 Afren Global Resources OPL 907, 917 2005, 2008 Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh
    45 Centrica/CCC/All Bright Consortium OPL 276, 283 2005, 2006 Jake Mirica, John Sheers
    46 Gas Transmission & Power Ltd OPL 905 2005 Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda
    47 Global Energy Company Limited OPL 135 2005, 2010 S.A. Onabiyi, M.A. Koshoni, T.T. Anyansho, J.N. Obiago
    48 New Nig. Devt. Company OPL 733,809, 810,722 Northern State governors
    49 Tenoil Petroleum Energy Services OPL 2008 2007 Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola, Nicholas Okoye, with Elumelu as Chairman
    Marginal Fields Operators
    1 Niger Delta Company Ogbele (OML 54) 1999 Aret Adams, Uduimo Itsueli, Sammy Olagbaju, David Richard, Udi Ibru and Fatona Layi
    2 Prime Petr. Ltd & Suffolk Petr Asaramaroru (OML 11) 2003 MacPepple Henry, Macpepple Joy, Macpepple Emmanuel, Macpepple Elfrida and Macpepple Victoria
    3 Oriental Energy Owok (OML 67), Ebok 2006, 2007 Alhaji Indimi, Usman Danburran
    4 Universal Energy Stubb Creek Field (OML 13/14 2003 Amana Nkoyo, Mianaekere Nelson, Abubakar Hayatou, Mboho Emmanuel, Ekpo Akpan, Inyang Etim (Akwa Ibom Govt.
    5 Eurafric Energy Limited Dawes Island (OML 54) 2003 Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Erastus.
    6 Pillar Oil Limited Umusati/Igbuku (OML 56) 2003 Onosode G.O, Fadahunsi O, Amakiri J., Hassan-Katsina Usman, Tonwe Basife, Obaseki Godwin, Akoyomare Ambrose, Fisher Abayomi, Anaekwena Anthony, Avuru
    Spencer, Onosode Spencer, Hassan-Babangida.
    7 Bayelsa Oil Company Atala (OML 46) Bayelsa Govt, Brigidi David, Alamieyesheiga Anitonbrapa, Ifimain Ekine, Jonathan Selereipre, Enddeley Francis, Chinwetelu Chris, Willians E.J., Aliyu Abubakar
    8 Movideo E&P Ekeh (OML 88) Idau Sadiq, Jacobs Kayode, Enahoro Victor, Mohammed Aishatu, Tugger Yusuf, Okwuaive Iyabo, Sadare Raymond
    9 Bicta Energy Ogedeh (OML 90) Adesemowo G.A, Bashir MM, Onumodu Soye, Akinro C.A, Malberbe T. Unejei T.
    10 Guarantee Petrr & Owena Oil Ororo (OML 95) Rufus Giwa, Ayodele Johnson, Fayose Abiodun, Unuigbe Odion, Omobomi Samuel, Rotimi Luyi, Adefarati Tunde, Duyie Korede, Ojo Segun, Ogedengbe Dele, Aidi Abass, Adegbonmire Wunmi, Amoye Mofisco, Ebiseni Sola, Oladunni Solomon, Agoi-George Segun, Akinruntan F.E, Hassan AlGazali, Eburajolo Victor, S.A. Ajayi.
    11 Platform Petroleum Limited Egboma (OML 38) Edmund Daukoru, Avuru Austin, Amachi Moshe, Adegoke Oluwafeyisola, Addo-Bayero Nasir, Ewendu Chidi .
    12 Sogenal Ltd Akepo (OML 90) Funso Lawal, Joda Abubakar, Harriman Hope, Odu Bunmi, Edohoeket Samuel, Yahaya Mohammed, Dada Nicholas, Yellowe Kenneth.
    13 Chorus Energy Amoji (OML 56) Akerele Chris, Mamman Samaila, Ihetu G.S. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba.
    14 Millennium Oil and Gas Oza (OML 11) Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk.
    15 Brittania U-Nigeria Ajapa (OML 90) Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O
    16 Network E & P Qua Iboe (OML 13) Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi.
    17 Waltersmith Petroman & Morris Petr. Ibigwe (OML 16) Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius.
    18 Midwestern Oil & Gas & Suntrust Oil Umsadege (OML 56 ) Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah.
    19 Independent Energy Limited Ofa (OML 30) Ikelionwu Emeka, Ohunmwangho Steve, Yar’Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma.
    20 Del Sigma KE (OML 55) Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru.
    21 Associated Oil & Dansaki Petroleum Tom Shot Bank (OML 14) Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina
    22 Frontier Oil Limited Uquo (OML 13) Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu.
    23 Energia Limited & Oando Prod. Devt Ltd Ebendo/Obodeti (OML 56) Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando
    24 Goland Petroleum Devt. Company Oriri (OML 88) Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi
    25 Excel Exploration & Production Eremor (OML 46) Abiodun Awosika as shareholder.
    26 Sahara Energy & African Oil Ltd. Tsekelewu (OML 40) Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bently John, Ciroma Musa, Odili Obi F., Du-Frayer.
    27 Green Energy International Ltd Otakikpo A.A. Olojede as shareholder.
    28 All Grace Energy Ubima (OML 46) Adeola Adenikinju, Sola Alab

  • New Nigerian

    …let the draining of the swamp of thieves begin.