allAfrica.com allafrica.com 29 Jan, 2021 08:00 am

Nigeria: U.S.$1.1 Billion Malabu Oil Scam

The Economic and Financial Crimes Commission, EFCC, on Thursday, re-arraigned the immediate past Attorney General of the Federation and Minister of Justice, Mohammed Adoke, SAN, before a High Court of the Federal Capital Territory sitting at Gwagwalada, on an amended 42-count corruption charge.

According to the charge, the former AGF, in August 2013 in Abuja, while serving as a minister knowingly received United State Dollars equivalent of N300million which is reasonably suspected of having been unlawfully obtained and thereby committed offence punishable under Section 319A of the Penal Code, Cap.The defendants were said to had by their action, committed an offence contrary to section 366 of the Penal Code and punishable under the same section of the Penal Code.According to EFCC, Adoke, had in September 2013, knowingly and unlawfully obtained the sum of US dollars equivalent to N367,318,800 and thereby committed an offence punishable under Section 319A of the Penal Code, Cap.Some of the counts in the charge read: "That you Mohammed Bello Adoke, being a public servant at the material time, the Attorney-General and Minister for Justice of the Government of Nigeria, sometime in 2013, in Abuja, within the jurisdiction of this Honourable Court, accepted for yourself without consideration, the sum of N300m to broker the negotiation and signing of the Block 245 Resolution Agreement with Shell Nigeria Ultra Deep Limited, Nigeria Agip Exploration Limited, Shell Nigeria Exploration and Production Company Limited and thereby committed an offence under section 119 of the Penal Code and punishable under the same section of the Penal Code.

00 and you thereby committed an offence contrary to section 366 of the Penal Code and punishable under the same section of the Penal Code".Adoke who is facing trial over the alleged role he played in the "fraudulent" transfer of ownership of an oil bloc, OPL 245, regarded as one of the biggest in Africa, took fresh plea alongside two others, Aliyu Abubakar, Rasky Gbinigie and four companies- Malabu Oil and Gas Limited, Nigeria Agip Exploration Limited, Shell Nigeria Ultra Deep Limited and Shell Nigeria Exploration Production Company Limited.

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