Tag: malabu
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Alleged Malabu scam: Court fixes date for trial-within-trial
A Federal High Court in Abuja, on Monday, fixed March 27 for trial-within-trial in the Economic and Financial Crimes Commission (EFCC)’s suit against Malabu Oil and Gas Limited and seven others. Other defendants in the criminal charge marked: FHC/ABJ/CR/268/2016 include A Group Construction Company Limited;
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Malabu scandal: Milan court acquits Shell, ENI
A Milan court on Wednesday acquitted energy companies ENI and Shell in Nigeria’s oil industry’s biggest corruption scandal. Also acquitted by the court was a long list of past and present managers of the firms, including Eni Chief Executive Claudio Descalzi. The verdict, read out in court by judge Marco Tremolada, comes more than three…
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Malabu: Eni rejects Nigeria’s demand for upfront payment of $1.1bn
Italian oil giant Eni, has rejected Nigeria’s demand for an upfront payment of $1.092 billion from damages it suffered over OPL 245 oil block. Nigeria had on Wednesday demanded an upfront payment of $1.092 billion from Royal Dutch Shell and Eni in damages it suffered over OPL 245 oil block. At a hearing into alleged…
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Malabu: Nigeria in Milan court demands $1.1 billion from Shell, ENI
Nigeria has demanded an upfront payment of $1.092 billion from Royal Dutch Shell and Italian oil giant ENI in damages it suffered over OPL 245 oil block. Nigeria made the demand on Wednesday in a court in Milan, Italy that is conducting the world’s biggest oil industry corruption trial. At a hearing into alleged corruption…
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Malabu: English court throws out Nigeria’s $1.1bn suit against Shell, Eni
An English court in a virtual sitting on Friday threw out a $1.1 billion case filed by Nigeria against oil companies, Royal Dutch Shell and Eni over the OPL 245 oilfield. Justice Christopher Butcher, the judge assigned to the matter, while giving his ruling at the virtual hearing today, held that the court does not…
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Malabu: EFCC seeks arrest warrant to extradite ex-Minister Etete, others
THE Economic and Financial Crimes Commission (EFCC) has asked the High Court of the Federal Capital Territory for a warrant of arrest to enable it extradite a former Minister of Petroleum Resources, Dauzia Loya (Dan) Etete and two others. The others are Munamuna Seidougha and Amaran Joseph. The anti-graft agency has preferred charges against the…
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Malabu Oil Scam: Court fixes date to hear Adoke’s suit against EFCC
A federal capital territory high court has scheduled December 12 as the hearing date for the motion filed by Mohammed Adoke, former attorney-general of the federation (AGF), challenging the charges preferred against him by the Economic and Financial Crimes (EFCC). Mike Ozekhome, counsel to Adoke, made this known on Wednesday. In an application, Adoke had…
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Malabu: Court voids arrest order against Adoke, Etete, others
A High Court of the Federal Capital Territory (FCT) has voided a bench warrant it earlier issued for the arrest of former Attorney General of the Federation and Minister of Justice, Mohammed Adoke (SAN). Justice Danlami Senchi had on April 17 this year, upon a motion by the Economic and Financial Crimes Commission (EFCC), ordered…
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$1.1b Malabu oil bribes: Swiss to reveal Nigerian beneficiaries
Materials in a suitcase seized nearly three years ago by Swiss authorities may unlock the identities of the Nigerian recipients of the $1.1billion in corrupt payments by Shell and ENI over the purchase of OPL 245 from Malabu Oil. A Geneva prosecutor is now reviewing the materials and will decide what can be shared with…
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Malabu: Swiss government block bank accounts linked to Eni, Shell executives
The government of Switzerland has blocked several bank accounts in the country linked to the planned bribery trial of Eni and Shell executives in Milan, Italy, as it relates to the infamous Malabu oil scam. On Monday, the office of the Swiss Attorney-General confirmed that at the request of public prosecutors from Milan, it has…