TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

$2.1bn Malabu scam: EFCC working with Interpol to arrest Adoke, Etete

The Citizen by The Citizen
April 18 2019
in Financial Crimes, Headlines
A A
0
Malabu deal: EFCC planning to plant cash in my house – Adoke

The High Court of the Federal Capital Territory in Jabi, Abuja on Wednesday, ordered the arrest of the immediate-past Attorney-General of the Federation, Mr. Mohammed Adoke, a former Minister of Petroleum Resources, Dan Etete, and four others.

The six are named in the charges filed by the Economic and Financial Crimes Commission in relation to the $2.1bn Malabu Oil scam.

Others affected by the court’s arrest warrant issued on Wednesday are: Raph Wezels, Casula Roberto, Pujato Stefeno, Burrato Sebastino and Aliyu Abubakar.

Justice Danladi Senchi issued the arrest warrant against the suspects following an ex parte application by the EFCC.

Moving the application on Wednesday, the commission through its lawyer, Mr Aliyu Yusuf, informed the judge that it needed the arrest warrant to enable it to apprehend the suspects and bring them before the court for arraignment on the charges instituted against them since 2016.

Yusuf noted that apart from the charges pending in court, there were other two sets pending against them before the Federal High Court in Abuja.

According to the EFCC, the charges bordered on fraudulent allocation of the Oil Prospecting Licence 245 and money laundering involving the sum of about $1.2bn, forgery of bank documents, bribery and corruption.

The alleged $1.2bn scam involved the transfer of the OPL 245 purportedly from Malabu Oil and Gas Limited to Shell Nigeria Exploration Production Co. Limited and Nigeria Agip Exploration Limited.

The three companies are defendants in the charges pending before the Federal High Court in Abuja.

An operative of the EFCC, Mr. Ahmed Ibrahim, stated in an affidavit filed along with the anti-graft agency’s ex parte application had stated that the issuance of an arrest warrant against the defendants would enable them to liaise with International Police Organisation to ensure their arrest.

The affidavit stated, “That arraignment of the defendants in this case couldn’t take place because the 4th, 5th, 6th, 7th, 8th, and 9th defendants/respondents are at large and have refused to make themselves available.

“That all efforts to apprehend the fleeing defendants/respondents proved abortive.

“That in furtherance of efforts to apprehend the 4th, 5th, 6th, 7th, 8th, and 9th defendants/respondents , the EFCC contacted the Nigeria Police to assist in watch-listing them and facilitating their arrest.

“That the Nigeria Police in response requested detailed particulars and necessary process to enable them to liaise with INTERPOL, and other relevant sister organisations have insisted that in addition to having a pending charge before a competent court, there must be warrant of arrest to enable the organisations to apprehend the defendants.

“That granting this application will facilitate the required liaison with INTERPOL and ensure that the defendants/respondents are apprehended and produced before the court for their arraignment on the charges filed against them.”

On how it would facilitate the accused persons’ arrest, the acting spokesman for the anti-corruption agency, Tony Orilade, said the EFCC would collaborate with the Interpol to execute the arrest warrant issued against them

Orilade disclosed that the Commission would rely on the Interpol to apprehend the two men who were believed to be outside the country.

He said, “We are working with Interpol, we are collaborating with them to arrest the men. Remember the Interpol Secretary-General, Jurgen Stock, visited us yesterday (on Tuesday) and they have promised to work with us. We are also ready to work with them. We are relying on Interpol to get them (Etete and Adoke) for us.”

Apart from Etete and Adoke, the court also declared wanted Raph Wetzels, Casula Roberto, Pujato Stefeno and Burrato Sebastiano. They were meant to be arraigned before Justice Senchi to face charges related to the Malabu Oil scandal but failed to show up.

Later on Wednesday, an online news medium, TheCable, quoted Adoke as saying he would fight the order in court because he had already been cleared of any wrongdoing by a “competent court of law.”

He said, “The honourable judge was misled by the EFCC to grant the warrant. Justice Binta Nyako ruled in April 2018 that I was only carrying out a presidential order in the OPL 245/Malabu transaction and that I had no case to answer. That naturally ends the EFCC case against me but the agency has chosen this path and I will use all legal means to exonerate myself.”

The EFCC had alleged that about $1.2bn fraudulently exchanged hands in alleged shady transactions over the highly lucrative Nigerian oil well, Oil Prospecting Licence 245, said to have been originally offered to Malabu Oil and Gas Ltd. by the then Gen. Sani Abacha junta under controversial circumstances in 1998.

The EFCC on December 21, 2016, charged nine suspects, including Adoke (SAN), and others before the Federal High Court in Abuja with respect to the $1.1bn scam.

Other accused persons named in the case were a former Minister of Petroleum, Dan Etete, Aliyu Abubakar, Malabu Oil & Gas Ltd., Rocky Top Resource Ltd. and Imperial Union Ltd., Novel Properties & Dev. Co. Ltd., Group Construction Ltd., Megatech Engineering Ltd.

The anti-graft agency, in the case with charge number FHC/ABJ/CR/268/2016, accused Adoke of illegally transferring over $800m purportedly meant for the purchase of the OPL 245 to Etete, Malabu Oil& Gas Limited from a Federal Government account.

The EFCC also accused Aliyu, a businessman, who is the Chairman of A. A. Group and Rocky Top Services, of receiving $336,456,906.78.

The charges read in part, “That you, Mohammed Bello Adoke (SAN), on or about August 10, 2011 in Abuja, within the jurisdiction of this honourable court, aided Dauzia Loya Etete (aka Dan Etete) and Malabu Oil & Gas Limited to commit the offence of money laundering by facilitating the payment of an aggregate sum of $801,540,000 only to Dauzia Loya Etete (aka Dan Etete) and Malabu Oil & Gas through the Federal Government of Nigeria Escrow account with number 41451493, IBAN GB 30CHAS609242411493 with JP Morgan Chase Bank in London, which you reasonably ought to have known represented the proceeds of an unlawful activity to wit: fraud, and thereby committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition) Act 2011 as amended in 2012 and punishable under Section 15 (3) of the same Act.”

Another case marked FHC/ABJ/CR/39/2017 instituted before the Federal High Court in Abuja on March 2, 2017 has Adoke and Abubakar (of AA Oil) as defendants.

The two defendants were accused of engaging in money laundering involving $2,267,400 in September 2013.

The third case filed before the FCT High Court with charge number CR/124/2017 has 11 defendants, including Adoke,Etete, Shell, Agip and Eni.

Others are Aliyu Abubakar ( of AA Oil Ltd.), Malabu Oil and Gas Ltd, a director of Shell, Ralph Wetzels, and three Italian directors of Agip Exploration Ltd. – Casula Roberto, Putatti Stefeno and Burrafato Sebastiano.

The defendants were particularly charged with conspiracy and official corruption in relation to their alleged acceptance of $801m from the oil companies in relation to the grant of OPL 245. – Punch.

Previous Post

Nigeria’s foreign reserves rise to $44.72bn

Next Post

Supreme Court dismisses Oni’s suit challenging Fayemi’s eligibility to run as governor

Related Posts

Tinubu orders probe into death of detained miners in Niger State
Headlines

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
Money Laundering: Thousands of Ddllars flown out of Nigeria every hour – INTERPOL
Financial Crimes

EFCC probes suspect with fake $212,200 in Kano

September 17 2026
2027: Obi, Kwankwaso Movement unveils 59-member presidential campaign council
Headlines

2027: Obi, Kwankwaso Movement unveils 59-member presidential campaign council

September 17 2026
NASS seeks states’ approval for State Police, LG autonomy, other reforms
Governance

NASS seeks states’ approval for State Police, LG autonomy, other reforms

September 16 2026
2027: Wike, APC governors clash over Rainbow Coalition
Headlines

2027: Wike, APC governors clash over Rainbow Coalition

September 16 2026
Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence
Financial Crimes

Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence

September 11 2026
Next Post
Panel sits to probe Fayemi’s tenure as Ekiti governor

Supreme Court dismisses Oni’s suit challenging Fayemi’s eligibility to run as governor

Pres. Buhari condemns violence in Kaduna, cultism in Rivers

Pres. Buhari orders ministers to submit projects report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

Trump promises Americans $5,000 if Republicans win Congress

Trump races to confirm judges before midterm elections

by The Editor
September 16 2026
0

...

US, Israel, Iran agree to 2-week ceasefire as Trump pulls back on threats

US Appeal Court affirms block on Trump bid to curb mail-in ballots

by The Editor
September 11 2026
0

...

State of the States

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu orders probe into death of detained miners in Niger State

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

September 18 2026
Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

September 18 2026
FG moves to implement Digital Free Zones

FG moves to implement Digital Free Zones

September 17 2026

EDITORIAL REVIEW

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.