REVEALED: JP Morgan Bank Releases Documents Further Indicting Former AGF, Adoke In $1billion Malabu Oil Deal | Sahara Reporters

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REVEALED: JP Morgan Bank Releases Documents Further Indicting Former AGF, Adoke In $1billion Malabu Oil Deal | Sahara Reporters The bank released the documents to a United Kingdom court, the High Court of Justice, Business and Property Courts... READ MORE:

JP Morgan Chase Bank, who was taken to court by the Nigerian government over the fraudulent $1 billion Malabu oil deal in 2011, has released fresh documents indicting a former Attorney-General of the Federation, and Minister of Justice, Mohammed Adoke.

“The award of OPL 245 was made though resolutions agreement dated April 29, 2011, between the government of Nigeria, Eni, Shell, and the vendor of the licence, Dan Etete. It is to note that Etete had awarded the licence to his company, Malabu Oil and Gas at the time when he was the Minister of Oil thus in blatant conflict of interest.

“The proceedings against Eni and Royal Dutch Shell plc and also against 13 individuals are in progress at the court of Milan for the offence of foreign bribery committed in Milan and elsewhere from Autumn 2009 till May 2, 2014. “These were the documents submitted by the Italian prosecutor and introduction done in Italy. The email by Adoke, confirmation and transmission of the email was done by SFO, even though the documents were submitted by JPMorgan in the UK court as an argument to counter Nigeria’s action against the bank.

The UK court explained that the “claim arises in both contract and tort as a result of the banking relationship that was established in 2011 between the claimant acting through the Federal Republic of Nigeria as the defendant out of an abuse of the banking system and the manipulation of escrow arrangements to facilitate the transfer of funds to entities and persons who were not entitled to receive such the funds.

 

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Group Condemns Police Arrest Of HEDA Chair Over $1.1billion Malabu Oil Deal Report | Sahara ReportersGroup Condemns Police Arrest Of HEDAgenda Chair Over $1.1billion Malabu Oil Deal Report | Sahara Reporters Suraju was invited following a petition written against him by Adoke, who accused him of publicising the media report. READ MORE:
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Anti-Corruption Group Threatens To Sue Adoke Over Comments In Malabu Oil Deal Trial | Sahara ReportersAnti-Corruption Group Threatens To Sue Adoke Over Comments In Malabu Oil Deal Trial | Sahara Reporters HEDA gave Adoke and his lawyer two weeks to retract the statement of be taken to court in the United Kingdom. READ MORE: IDC
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EXCLUSIVE: Fresh Troubles For Adoke In $1billion Malabu Oil Fraud As Forged Email Address Is Linked To Accomplice | Sahara ReportersBut the matter has taken a new dimension following an investigation of documents filed with the Corporate Affairs Commission by a company owned by Aliyu Abubakhar, who was charged alongside Adoke in Nigeria with offences related to the OPL 245 deal. You can imagine, same people that is arresting our youths here and there!! Quick one, I ve a small proposal, most likely 1. GIVE HOPE TO NIGERIAs UNITY 2. REKINDLE THE DYING FLAME OF PATRIOTISM 3. GIVE THIS GOVT. A NEW BELIEF 4. REDUCE THE DRUM OF WAR AMONG THE YOUTHS ESPECIALLY TRIBAL AFFAIRS Retweet 2 anyone, genuinely preachin Peace DM pls
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