Browsing: Malabu Oil and Gas Limited

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 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