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Wednesday, 14 June 2017

Malabu Oil Deal: FG Fails to Arraign Former AGF, Adoke, Others

The case against the former attorney-general and minister of Justice Mohammed Adoke, and 6 others in the Malabu oil has been adjourned to the 26th of October 2017.

The prosecutor Johnson Ojugbane, says most of the defendants are outside the country and the government is making efforts to get them to attend their trial or be extradited by their host countries.

He said the court adjourned the matter until October 26, after the court’s vacation, to enable it to process the extradition of Adoke and other defendants to Nigeria.
In December 2016, the EFCC filed charges of fraud against nine persons, including Adoke over the controversial sale of an oil block – OPL 245 – which is considered as one of the most lucrative in Africa.
Adoke was accused of illegally transferring more than $800 million purportedly meant for the purchase of the block to Dan Etete through Malabu Oil and Gas.
On March 2, the government had also filed fresh charges against Shell Nigeria Exploration Production Company Limited and Agip Nigeria Exploration Limited for alleged complicity in the Malabu $1.1 billion deal.
Adoke, Etete, Aliyu Abubakar, ENI Spa, Ralph Wetzels, Casula Roberto, Pujatti Stefeno, Burrafati Sebestiano and Malabu Oil and Gas were charged alongside the two multinational oil companies.

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