October 6, 2016: Samuel Ogundipe
Members of Nigeria’s House of Representatives panel investigating the controversial Malabu oil deal on Wednesday expressed strong reservations about the attitude of firms caught in the scandal.
The House in January 2016 set up another ad-hoc committee to look into allegations of financial crimes in the lease of OPL 245 oil block in Nigerian waters.
A former Minister of Petroleum, Dan Etete, awarded the lease of OPL 245 in April 1998 to Malabu Oil and Gas Ltd., a firm later traced to him.