Activists Urge AGF To Prosecute Malabu Oil Deal Suspects

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Activists Urge AGF To Prosecute Malabu Oil Deal Suspects

Activists Urge AGF To Prosecute Malabu Oil Deal Suspects – Anti-corruption activists have called on the Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami, to prosecute those fingered in the controversial Malabu oil deal under the Goodluck Jonathan presidency.
  Experts claim that Nigeria lost about $6 billion in the ‘scam’. Named alongside Jonathan in the deal, which has drawn global attention with offshore trials of foreign nationals involved, are former petroleum minister, Dan Etete; and former AGF, Mohammed Adoke.
  According to reports, the amount involved in the Malabu deal was more than enough to finance the national budgets of both the education and health sectors for two years.
  Comprising representatives of anti-graft agencies, civil society organisations, National Assembly and the media, the activists gathered in Abuja yesterday to review the report of international forensic experts that investigated the circumstances surrounding the controversial oil deal by the Nigerian government with two multi-national oil companies, Shell and ENI.
  The report, which was presented by Dr. Don Hubert, a Canadian expert who led a team of investigators from Resources for Development Consulting, disclosed that top civil servants in Nigeria’s ministry of petroleum resources had warned the country’s political leadership against the deal because it was going to shortchange the country.
  Hubert addressed a gathering that included officials of Nigeria Extractive Industries Transparency Initiative (NEITI), Economic and Financial Crimes Commission (EFCC), chairman of the House of Representatives Committee on Financial Crimes, Kayode Oladele, and members of the Anti-Corruption Situation Room, including HEDA Resource Centre.
  According to him, the deal involving exploitation of OPL 245 was schemed to rip Nigeria of billions of dollars, “unfortunately with connivance of the country’s leaders.

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