11 results
- 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…
- 28 Jan 2016
Shell, Eni to Lose OPL 245 over $1.1Bn Malabo Fraud
Federal government may retrieve one of Africa’s richest oil blocs from oil giants, Shell and Eni, if the recommendations of the Office of Director of Public Prosecution are implemented, according to…
- 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…
- 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…
- 13 Oct 2020
Eni Seeks World Bank Arbitration in Nigeria Oilfield Dispute
ENI.MI has filed a request for arbitration against Nigeria at the World Bank's dispute settlement body and plans to argue that the country's failure to allow it to exploit an oilfield it acquired…
- 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…
- 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…
- 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…
- 10 Jan 2017
Jonathan, Ex-President Fingered in $1.3Bn Italian Bribery Scandal
Goodluck Jonathan, Nigeria former president, has been fingered in a bribery scandal totalling about $1.3 billion. According to AFP, Italian prosecutors alleged that Jonathan and ex-petroleum…
- 11 Jan 2017
GEJ Breaks Silence, Washes Hands off $1.3Bn Oil Deal Scandal
Former President Goodluck Jonathan has reacted to the allegation that he received gratification to approve the controversial Malabu Oil transaction during his tenure. A report by AFP claimed that…
- 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…