Browsing: Mohammed Bello Adoke

Adoke, who had been out of the country for some years, arrived Nigeria on Thursday from Dubai, United Arab Emirates into the waiting arm of operatives of the EFCC at the Nnamdi Azikiwe International Airport, Abuja

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

As long as Malabu complied with the terms of its agreement in respect of OPL 245 by paying the signature bonus of US$207,960,000 in addition to withdrawing her appeal against the FG at the Court of Appeal, it would be unconscionable and inequitable for the FG to behave as if it never made the said agreement