8 results
- 8 Sept 2020
EFCC Arraigns Etete’s Malabu Oil for Allegedly Cornering FG’s $401.5m Property
Economic and Financial Crimes Commission (EFCC), on Tuesday, re-arraigned Malabu Oil and Gas Limited on a fresh charge of money laundering. Malabu and Aliyu Abubakar, a businessman, were re-arraigned…
- 17 Jul 2013
Reps Invite Adoke over $1.09Bn Malabu Oil Deal
House of Representatives Tuesday ordered Mohammed Adoke, attorney-general and Justice minister, to appear before its committees and explain a letter purportedly written by the minister to…
- 19 Nov 2014
FG Silent as the World Probes Illegal Sale of OPL 245
Nigerian government has curiously refused to revisit the now tainted sale of one of the country’s largest offshore oil concessions known as OPL 245 to subsidiaries of oil multinationals, Royal Dutch…
- 22 Feb 2022
FG Sues JP Morgan for $1.7 Bn over Oil Deal
A London court will today (Wednesday) begin to hear a lawsuit launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a disputed 2011 oilfield deal. The…
- 10 May 2022
FG Withdraws Charges of Cyberstalking against Suraju, HEDA Chair
Federal government on Tuesday withdrew cyberstalking charges against Olanrewaju Suraju, chairman, Human and Environmental Development Agenda (HEDA). Olanrewaju Suraju, chairman, Human and…
- 1 May 2020
Shell Accuses FG of Hiding EFCC’s Reports on OPL 245
Royal Dutch Shell has accused the Nigerian government of hiding key reports of investigations by the Economic and Financial Crimes Commission (EFCC) which concluded that there was no fraud in the…
- 6 Dec 2017
Firm Seeks Criminal Case against Shell, CEO over Nigeria Deal
A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO and former executives of over what it says were criminal actions relating to a…
- 18 Nov 2020
Malabu Scam: FG Adds Negligence Claims to $875m JPMorgan Suit
The federal government has added negligence claims to its $875 million London lawsuit against JPMorgan, alleging that the the bank was "grossly negligent" when it purportedly ignored red flags and…