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Malabu Oil: Criminal Trial To Begin June 8, 2017

Channels Television  
Updated April 4, 2017

Arik Air Takeover: Court Fixes May 15 For RulingAn Abuja High Court presided over by Justice Danlami Senchi, has fixed June 8, 2017 for the commencement of criminal trial against Shell Nigeria Exploration Production Company Limited and others.

The others involved include: Nigeria Agip Exploration Limited, ENI SPA, former Minister of Petroleum Resources, Dan Etete and former Attorney General of the Federation, Mr Mohammed Adoke.

Also joined in the case filed by the Federal Government are: Aliyu Abubakar, Ralph Wetzels, Casula Roberto, Pujatti Stefeno, Burrafato Sebastiano and Malabu Oil and Gas Limited.

In the three-count charge preferred against the 11 defendants, Shell Petroleum Nigeria Exploration Production Company Limited, Nigeria Agip Exploration Limited, ENI SPA and some directors of the oil companies were accused of giving out $801 million ‎for the illegal acquisition of Malabu Oil and Gas Ltd.

The Federal Government also accused Mr Etete, Mr Adoke and others of illegally receiving the sum of $801 million to grant Oil Prospecting Licence 245 to Malabu Oil and Gas Limited.












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