BY THE NATION: FEB 22, 2016
The Economic and Financial Crimes Commission has initiated a discreet probe into the $2 billion Malabu Oil deal to ascertain whether the country was short-changed.
The agency may interact with those who were parties to the agreement including five former ministers, an ex-Group Managing Director of NNPC and top officials of the Department of Petroleum Resources.
Already, a former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Bello (SAN), has written to the EFCC on how the deal was struck with Shell Nigeria Ultra Deep Limited (SNUD).