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$1.3 Bln Malabu Oil Block Scam: EFCC Arraigns Former Attorney General Mohammed Adoke

Unic Press UK: The Economic and Financial Crimes Commission (EFCC), a major financial crime watchdog in Nigeria arraigned a former Attorney General of the Federation, Mohammed Adoke, who it accuses of receiving bribes to facilitate a $1.3 billion oil deal involving the sale of OPL 245 oilfield.

This bribery, corruption case centres around a sale/purchase deal in 2011, in which, Nigeria’s OPL 245 offshore oilfield is alleged to have been fraudulently purchased for circa $1.3 billion by two oil leviathans Eni and Anglo-Dutch peer Royal Dutch Shell.

In a related case, on September 2018, an Italian judge sentenced to jail two men to jail over this OPL 245 offshore oilfield deal. Emeka Obi, a Nigerian and an Italian, Gianluca Di Nardo were found guilty of corruption and each given four-year jail sentences. The Milan prosecutors allege that bribes totaling approximately $1 billion were paid to win a licence to explore this lucrative oilfield, OPL 245.

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