By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Wednesday, Aug 19, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
CorruptionNational

Oil Bloc Fraud: Obasanjo, Yar’Adua, Jonathan endorsed Malabu oil deal – Adoke

Chigozie Ekwenye
Last updated: March 13, 2017 7:31 am
By Chigozie Ekwenye
Share
4 Min Read
adoke
SHARE
More facts are beginning to emerge on the controversial $1 billion Malabu Oil deal which has smeared several eminent Ni­gerians.
The immediate past At­torney-General of the Fed­eration and Minister of Jus­tice, Mr. Mohammed Bello Adoke, has said that former presidents Olusegun Oba­sanjo, Umaru Musa Yar’Adua and Goodluck Jonathan ap­proved the controversial Operating Licence 245 be­tween the Federal Govern­ment, Shell Nigeria and Mal­abu Oil and Gas Limited.
It would be recalled that the Economic and Finan­cial Crimes Commission (EFCC) had, in a suit before the Federal High Court in Abuja, disclosed that the oil block prospecting Licence known as OPL 245 was il­legally and fraudulently ac­quired by Malabu Oil and Gas Limited.
Besides, the anti-graft agency revealed how Adoke facilitated the payment of $1.2 billion bribe to Chief Dan Etete, the then Minis­ter of Petroleum Resources.
The revelations from the EFCC were contained in its counter-affidavit in opposition to the applica­tions brought by Nigerian Agip Exploration Limited and Shell Nigeria Explora­tion and Production Com­pany Ltd, praying the court to vacate its order of forfei­ture made against them in respect of OPL 245 pros­pecting Licence.
However, in a letter to the current AGF and Min­ister of Justice, Abubakar Malami, which was made available to The AUTHOR­ITY, Adoke disclosed the administrations of erst­while presidents, Obasanjo, Yar’Adua and Goodluck Jon­athan all gave their approvals for the transaction and oper­ation of OPL 245.
Explaining further on the issues surrounding the dis­pute, the former AGF ac­cused the EFCC of a deliber­ate attempt to turn Nigerians against him by painting him black and as a corrupt per­son.
He pointed out that Malami had the responsi­bility to explain to Nigeri­ans the true state of things concerning the oil transac­tion that has become a sub­ject of litigation, saying he never abused his office while he was the AGF.
Adoke in the letter said: “Having given you the ben­efit of the doubt, that you would not sponsor delib­erate falsehood against me, my suspicion is that there is an orchestrated plot by the EFCC to: deliberately im­pugn a transaction that has been scrutinised and ap­proved by at least three past Presidents and three At­torneys General; drag my name in the mud and paint me with the tar of corrup­tion in order to attract pub­lic odium”.
“As the Chief Law Of­ficer of the Federation, you have a public duty to speak on this matter so that Nige­rians would know whether I acted mala fide or abused my office in the entire transac­tion leading to the final im­plementation of the settle­ment.
Nigerians need to know whether your predecessors in office from 2006 to May 2015 acted in the national interest when they brokered and implemented the settle­ment.”
“It will also be instruc­tive for Nigerians to know whether your predecessors were carrying out their per­sonal agenda or that their re­spective actions were carried out with the knowledge and approval of their respective principals”.
Adoke further alleged that the EFCC was acting in the interest of some power­ful individuals who are “ag­grieved by my refusal to ac­cede to their requests to compel Malabu to pay them certain sums from the pro­ceeds of its divestment in OPL 245, and the subsequent reallocation of the Block to Shell/ENI.”
Source – The Authority

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article BIAFRA IPOB IN DIASPORA PROTEST MASSOB, IPOB, 50 others plan apex Biafra body
Next Article onwuka Minister urges youths to embrace vocational skills
Search
– Advertisement –
Latest News
  • 2027: Presidential, NASS Campaigns has begun  August 19, 2026
  • ₦15.8trn saved from Subsidies between 2023, 2025 – Oyedele August 19, 2026
  • US Court Sets August 21 Deadline for Release of Tinubu-Linked Investigation Records August 19, 2026
  • SHOCKING: Alleged OSPAC Operatives Burn Down ADC Supporter’s Family House in Rivers State August 19, 2026
  • Who Can Challenge Tinubu in 2027 ?  August 19, 2026
  • NDLEA nabs KC Luxury over alleged role in international cocaine network August 18, 2026
  • Kanayo Onyemaechi Congratulates Alagbaoso on Installation as King August 18, 2026
  • Dangote Asked Me to Delete Osun Election Posts Indicting Akpabio August 18, 2026
  • US Congressman Opposes Move to Drop Nigeria’s CPC Status After Plateau Killings August 18, 2026
  • Tinubu Needs More ‘Mad Men’ to Deliver Results, Says Ben Bruce August 18, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

1786972271739
NationalLatest News

Yekini Idiaye emerges new Edo Assembly Speaker

August 17, 2026
Screenshot 20260813 094147 1
NationalOsun

Mr President has done well — Adeleke to drop suit against EFCC

August 17, 2026
8861b1f8 9c60 4db9 ae06 2a744f56f8da
ImoAgriculture

EXCLUSIVE: How Imo State Leaders, Traditional Rulers Joined Chief Longers Anyanwu to Celebrate Birthday

August 17, 2026
Screenshot 20260816 145808 1
Nigeria NewsNational

Tinubu is a Father, My support is based on Yoruba heritage — Adeleke

August 17, 2026
1786829656577 2
Nigeria NewsNigeria Politics

Osun win is a victory for Democracy — Adeleke 

August 16, 2026
FB IMG 17868238158799948
AgricultureNational

Gov. Zulum advocates shift on tractor usage, other agricultural services

August 15, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Crime and Investigation
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d