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Nigeria: UK Agrees to Return Nigeria's $85 Million Malabu Oil Loot
Vanguard, 18 December 2017
After many years of legal fireworks, the United Kingdom has given the final clearance for Nigeria to draw down a whopping $85 million seized from entities embroiled in the… Read more »
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Nigeria: Malabu Scandal - UK Returns U.S.$85 Million to Nigeria
Premium Times, 27 October 2017
On the day the anti-graft agency, EFCC, expressed its frustrations in locating two ex-Nigerian ministers on trial for their alleged roles in the Malabu scandal, the federal… Read more »
Malabu Oil Deal: Nigerian Govt Recovers U.S.$85 Million From UK
The government says that the United Kingdom has returned U.S.$85 million - part of the stolen funds from the Malabu U.S.$1.1 billion oil deal. The money was seized at the request of Italian prosecutors who were also investigating the deal. The government also says that negotiations with Switzerland on the return of U.S.$321 million recovered from the late Sani Abacha family have been concluded.
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Nigeria: Govt Recovers $85 Million in Malabu Oil Deal From UK
Vanguard, 26 October 2017
The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, Thursday, disclosed that the Buhari-led government has recovered $85million from the United… Read more »
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Nigeria: $321 Million Abacha Loot - Nigeria Concludes Negotiation With Switzerland
Premium Times, 26 October 2017
The Attorney General of Federation and Minister of Justice, Abubakar Malami, has revealed that negotiation with Switzerland on the return of $321 million recovered from the late… Read more »
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Nigeria: Again, EFCC Fails to Arraign Adoke, Others Over Malabu Oil Deal
Guardian, 27 October 2017
The Economic and Financial Crimes Commission (EFCC) yesterday failed again to arraign former Attorney General of the Federation (AGF) and Minister of Justice, Mr. Mohammed Adoke… Read more »
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Nigeria: $1.3bn Malabu Deal - Process for Arrest of Ex-AGF, Adoke, Others Ongoing - Govt
Vanguard, 26 October 2017
The Federal Government, on Thursday, said it would soon conclude process for the arrest and extradition of the immediate past Attorney General of the Federation and Minister of… Read more »
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Nigeria: Malabu $1.1 Billion Scandal - It's Difficult to Get Hold of Adoke, Etete - EFCC
Premium Times, 26 October 2017
The trial of former Nigerian ministers, Dan Etete and Mohammed Adoke, for alleged diversion of $1.1 billion in the controversial sale of Oil Prospecting License, OPL 245 stalled on… Read more »
InFocus
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Four senior executives of Royal Dutch Shell have been charged by an Italian court for their role in a bribery scheme involving a former Nigerian petroleum minister, Dan Etete, that ... Read more »
