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

Killings: Army orders GOC to relocate to Kwara
Headlines

Army probes leaked DSS memo warning of Adamawa, Borno attacks

July 31 2026
PFIPC scandal: HoS admits mistakes as Reps uncover irregular approvals
Financial Crimes

PFIPC scandal: HoS admits mistakes as Reps uncover irregular approvals

July 31 2026
Russia warns against nuclear rhetoric amid Trump row
Headlines

Resident doctors threaten indefinite strike

July 31 2026
Gunmen storm burial event, abduct one in Anambra
Headlines

Gunmen abduct five Ogun State poly students

July 31 2026
APM asks FG to account for proceeds of subsidy removal
Headlines

Oyo abduction: Why we tracked, arrested kidnappers’ families –Tinubu

July 31 2026
PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe
Financial Crimes

Police fail to produce phantom agency DG before Reps, seek court orderwarrant

July 29 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

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

APPOINTMENTS

Rivers State not for political war, says Fubara

Gov. Fubara swears in 12 perm secs, urges commitment

by The Editor
July 31 2026
0

...

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Ceuta calls for emergency as thousands of migrants cross into Spanish territory

Ceuta calls for emergency as thousands of migrants cross into Spanish territory

by The Editor
July 31 2026
0

...

Ghana bans use of honorary doctorate, professorship titles in public

Ghana govt backs proposal to extend presidential term from 4 to 5 years

by The Editor
July 31 2026
0

...

Nigerian visa applicants must provide five-year social media history, says US embassy

US to discontinue visa services in Abuja, 24 other African cities

by The Editor
July 29 2026
0

...

US orders embassy staff to leave Nigeria over insecurity

US warns Nigerians with dual citizenship against travelling on foreign passport

by The Editor
July 26 2026
0

...

Chinese envoy advocates Mandarin language teaching in Nigerian schools

Chinese envoy advocates Mandarin language teaching in Nigerian schools

by The Editor
July 25 2026
0

...

State of the States

Enugu launches ETTW TV to showcase transformation, investment opportunities

Enugu launches ETTW TV to showcase transformation, investment opportunities

by The Editor
July 31 2026
0

...

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Enugu governor approves recruitment of 6,580 teachers, school staff

Enugu governor approves recruitment of 6,580 teachers, school staff

by The Editor
July 29 2026
0

...

Anambra sanctions seven schools over graduation parties

Anambra sanctions seven schools over graduation parties

by The Editor
July 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Commonwealth Games: Amusan suffers shock defeat, settles for bronze

Commonwealth Games: Amusan suffers shock defeat, settles for bronze

July 31 2026
Commonwealth Games: Nigeria’s Enekwechi wins gold in shot put

Commonwealth Games: Nigeria’s Enekwechi wins gold in shot put

July 31 2026
Governance: Stop building unnecessary flyovers – Tinubu tells state governors

Governance: Stop building unnecessary flyovers – Tinubu tells state governors

July 31 2026
UEFA to boycott FIFA tournaments over Infantino plans for World Cup sell off stake

UEFA to boycott FIFA tournaments over Infantino plans for World Cup sell off stake

July 31 2026

EDITORIAL REVIEW

State airports: White elephant epidemic – Punch

Probe Habila’s death – Punch

by The Editor
July 31 2026
0

Nigeria’s inflation rate hits 26.72% in Sept

There’s no escaping inflation, yet – Punch

by The Editor
July 29 2026
0

Nigeria’s inflation rate rises to 21.09%

Africa’s hunger burden – Punch

by The Editor
July 27 2026
0

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

Opinion

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 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.