Hassan Adamu, Wakilin Adamawa and Nigeria’s former ambassador to the US, told a federal high court sitting in Abuja on Wednesday that he initially used a pseudonym for the incorporation of Malabu Oil and Gas in 1998.
Adamu is a key prosecution witness presented by the Economic and Financial Crimes Commission in the OPL 245 trial before Justice Abubakar Kutigi. The Obasanjo government revoked the licence in 2001 but decided to restore it to Malabu following an out-of-court settlement in 2006.Malabu sold 100 percent of the oil block to Eni and Shell in 2011 for $1.1 billion, but the deal has been enmeshed in controversy following allegations that the payment, made via the account of the federal government, might have been funnelled to politicians.
“One is absent because he is bereaved and the other is absent because he tested positive for Corona. So, we have only one witness in court today,” he said.: I am a retired diplomat and a businessman.: Yes, I know Mr. Mohammed Bello Adoke: As the honourable attorney-general of the federation: Sometime in 1998, Dan Etete, the former minister of petroleum, called me and told me he was incorporating an oil and gas company called Malabu Oil and he wanted me to be a shareholder.
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