Nigeria: Malabu Oil Deal - Why Court Discharged Ex-AGF Adoke, Six Others

  • 📰 allafrica
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 99%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

The court said the prosecuting agency, the EFCC, filed a poorly drafted charge against the defendants.

The High Court of the Federal Capital Territory has discharged a former Attorney General of the Federation and Minister of Justice, Mohammed Adoke, of alleged fraudulent transaction in the controversial Oil Prospecting License 245, widely known as Malabu Oil deal.

The judge further noted that the government failed to lead credible evidence linking Mr Adoke and his co-defendants to the alleged crime. The commission's admission that it had no evidence to convict Mr Adoke and other defendants only corroborated the former minister's argument that he was being persecuted by the former President Muhammadu Buhari-led government.

The defendants, with the no-case submission filing, requested the court to terminate the trial midway due to the insufficient evidence they claimed the prosecution adduced to prove its case. The EFCC had alleged that Nigeria was shortchanged in the agreement, leading to the transfer of the asset to Shell and Eni despite the vast revenue potential of the block.

Among the principal defendants charged in the case was Mr Adoke, who was accused of receiving a dollar equivalent of N300 million as gratification to facilitate and negotiate the resolution leading to the 2011 settlement agreement against Nigeria's interests.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vusi Nova kicks off SABC's Deal or No Deal SA celebrity spin-offVusi Nova kicks off SABC's Deal or No Deal SA celebrity spin-off
Source: Channel24 - 🏆 48. / 51 Read more »

Nigeria: Security Measures in Niger Delta Increase Oil Output By 200,000 BarrelsThe Special Adviser to the President on Energy, Mrs Olu Verheijen, yesterday said the administration of President Bola Tinubu opted for fiscal incentives in the oil and gas sector to attract investments, adding that the enhanced security measures in the Niger Delta has led to increase in over 200,000 barrels/day over the last six months.
Source: allafrica - 🏆 1. / 99 Read more »

Nigeria's Crude Oil Production Rose in FebruaryNigeria's crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, an increase of 47,000 barrels, an OPEC survey, which cites secondary data sources, said.
Source: allafrica - 🏆 1. / 99 Read more »

Nigeria: Over 854 Children Died in MSF Facilities in Nigeria's North-West in 2023MSF says its teams in five of the seven northwestern states treated 171,465 malnourished children last year and admitted 32,104 to hospital for life-threatening malnutrition, a 14 per cent rise on the previous year - in 2022.
Source: allafrica - 🏆 1. / 99 Read more »

Nigeria: African Games - Nigeria Soars to Second Position On Medals TableAdijat Olarinoye (55kg), Rafiatu Lawal (59kg), and Edidiong Umoafia (67kg) each claimed a spectacular triple gold in their respective weight categories.
Source: allafrica - 🏆 1. / 99 Read more »

Nigeria: State Fails to Stem Kidnapping for Ransom Crisis in NigeriaLilian Eze still shivers when she recalls the frequent attacks by kidnappers in the Kaduna community she once lived in, in north-central Nigeria. In February 2022, she fled with her children to Abuja, the nation's capital, to ensure their safety.
Source: allafrica - 🏆 1. / 99 Read more »