19 May 2017

Nigeria: Court to Hear Malabu Oil Bloc Case July 5

Photo: Premium Times
Dan Etete, former Petroleum Minister involved in Malabu oil scandal.

A Federal High Court in Abuja has set July 5 for hearing on the dispute over ownership of Oil Prospecting License (OPL 245).

Justice John Tsoho adjourned three count suits to enable Mohammed Sani Abacha and directors of Malabu Oil Ltd to serve Shell Nigeria Exploration & Production Company Ltd and to receive the reply of other respondents in the matter.

Counsel to the applicants, Joseph Achimugu had asked for adjournment to enable Professor Kanyin Ajayi (SAN), who volunteered to receive the process on behalf of Shell, to reply.

Directors of Malabu, including Mohammed Abacha and Otunba Fasawe had on March 17 challenged the Federal Government, the Economic and Financial Crimes Commission (EFCC), Shell Ultra-Deep Ltd, AGIP and former Petroleum Minister, Dan Etete over an attempt by the EFCC to treat OPL 245 as a proceed of crime.

They had also faulted the anti-graft agency's interim forfeiture application, which was vacated by the court and the bloc reverted to Shell and AGIP.

On April 11, directors of Malabu, filed an application to serve in Lagos a notice of interlocutory injunction against the Federal Government from entering agreement with Shell and AGIP over moves to begin exploration of the $13.5bn Zazabaza Deep Water and Ethan Oil Fields project, which is a part of the OPL 245.

The former minister and former Attorney General of the Federation (AGF), Mohammed Bello Adoke (SAN) are already facing criminal charges over allegations of diverting $1.1billion from the deal.

More on This

OPL245 - Govt Asks Court to Ignore Abacha's Ownership Claim

The Federal Government has asked the Abuja Division of the Federal High Court to ignore Mohammed Abacha's claim of… Read more »

Copyright © 2017 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.