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Malabu Deal: Court adjourns case against Adoke, Etete, Shell to October 26

13 June 2017

The case against former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke, a former Minister of Petroleum, Dan Etete; oil giants, Shell, Eni and four others has again been adjourned to October 26, 2017.

The Economic and Financial Crimes Commission, EFCC are arraigning the accused for the illegal sale of the oil bloc, OPL 245.

OPL 245 is considered the richest in Africa, estimated to contain about 9 billion barrels of crude.

The adjournment was made known by the prosecutor, Johnson Ojugbane who stated that most of the accused are outside the country.

According to Ojugbane, the adjournment will give the Federal Government ample time to secure their attendance in the case.

Nigeria’s Minister of State for Petroleum Ibe Kachikwu has stated that the Nigerian Government is working on a deal which will allow the country recover some financial benefits from the OPL 245 oil bloc.

Kachikwu’s stance is different from that of the EFCC, which wants the block returned to the Nigerian government since it was ‘fraudulently’ obtained.

SOURCE

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