Erinomo, is the Principal Compliance Officer at the Special Control Unit against Money Laundering in the Federal Ministry of Trade and Investments.
Browsing: Malabu Oil and Gas Limited
Malabu and Aliyu Abubakar, a businessman, were re-arraigned alongside six other companies on a 67-count charge before Justice Inyang Ekwo of the Federal High Court, Abuja.
Former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke (SAN), is still in the custody of the Economic and Financial Crimes Commission, 24 hours after he was granted bail.
The bail was granted on Thursday
On Tuesday, the Federal Government filed a fresh 42-count charge against Adoke and six others over alleged fraud in the $1.1 billion Malabu oil deal
Adoke, who has been in Europe, stated his position in a statement he personally signed and made available to the media on Sunday
Documents tendered before an Abuja Federal High Court by the former Attorney General of the Federation, Mohammed Bello Adoke, in a suit brought against the Attorney General of the Federation (ref. FHC/ABJ/CS/446/2017) seeking to prove his innocence in the $1.1 billion payment to Malabu Oil and Gas Limited, show that the Federal Government may have mismanaged the revocation of OPL 245 oil block and the eventual settlement agreement reached between the Federal Government of Nigeria and Malabu Oil and Gas Limited in November 2006
The position of the House was contained in a statement issued on Wednesday by the Chairman of the Ad Hoc Committee on the investigation of alleged corruption, malpractices and breach of due process in the award of OPL 245, Rt. Hon. Razak Atunwa
The Zabazaba Deep water Project is located in the contentious Oil Prospecting Licence 245
Dr. Jonathan has denied any wrongdoing
The suit is the second one in a week on the ownership of the company
The plaintiff, through its lawyer, J.A. Achimugu, in a writ of summons marked FHC/ABJ/CS/201/2017, is praying the court for a declaration that its rights and interest in OPL 245 granted or re-allocated to it is still valid and subsisting
The judge also dismissed an application filed by Malabu Oil and Gas Limited seeking to be joined as parties in the matter
The oil firm said it arrived at the conclusion after commissioning forensic investigations into the controversy over the sale of the oil block
Justice Tsoho also ordered the Department of Petroleum Resources to manage the OPL 245 on behalf of the Federal Government of Nigeria
I am of the respectful view that it should be clear to any person dispassionately reviewing the transaction to confirm that I had no personal interest in the transaction
The nine-count charge was filed at the Federal High Court, Abuja