Categories: CRIME

Malabu Oil Scam: Court Issues Arrest Warrant Against Ex-petroleum Minister, Dan Etete, 2 Others

The High Court of the High Court of the Federal Capital Territory in Gwagwalada, Abuja, ordered the arrest of a former Minister of Petroleum, Dauzia Loyal Etete, better known as Dan Etete, in connection with the Malabu Oil scam.

Justice Abubakar Kutigi ordered the arrest of Etete along with Munamuna Seidougha, and Jospeph Amaran.

This followed an ex parte application by the Economic and Financial Crimes Commission, which had accused them of playing roles in the alleged fraudulent allocation of the lucrative Oil Processing Licence 245 to Malabu Oil and Gas Limited in 1998.

The three were said to be the owners of Malabu Oil and Gas Limited to which Etete, as the then Minister of Petroleum under the regime of the Gen. Sani Abacha, facilitated the fraudulent allocation of the oil block.

Sponsored

EFCC had named Etete, Seidougha, and Amaran as being on the run in the 42 counts of the alleged fraudulent Malabu Oil transactions recently filed against the immediate-past Attorney-General of the Federation, Mr Mohammed Adoke (SAN) and six others.

Adoke and others have since pleaded not guilty to the charges and were granted bail by the judge earlier on Thursday.

SPONSORED
ABN TV EDITOR

ABN TV is one of the most visited news platform across Nigeria and the world over. It has carved a niche for itself in delivering authentic, accurate news.

Recent Posts

Edo: Obaseki in Fresh Trouble as Okpebholo Sets-up Panel to Probe Predecessor

By Ogochukwu Isioma The Edo State Governor, Senator Monday Okpebholo, has approved the constitution of…

2 hours ago

‘Junior Pope Didn’t Pay Dues’ — AGN Gives Update On Late Actor’s Case With Adanma Luke [VIDEO]

Emeka Rollas, the president of the Actors Guild of Nigeria, AGN, has given reason for…

3 hours ago

Tension As Many Hospitalized In Abia Community After Free Drug Distribution (Photos, Video)

A medical emergency has unfolded in Abiriba, Ohafia LGA, Abia State after a large number…

10 hours ago

Tinubu, Wife Return To Nigeria After G20 Summit In Brazil⁣

President Bola Tinubu and First Lady Oluremi Tinubu have returned to Abuja after attending the…

11 hours ago

Anambra Police Arrest Suspected Kidnapper, Recover Ammunition

Anambra State Police Command have detained a suspected kidnapper who is allegedly intimidating locals in…

11 hours ago

Bus Passengers Cheat Death As Tyre Bursts On Enugu-Port Harcourt Express Road In Abia (Photos)

A Rivers Joy Transport company bus was involved in a lone accident on the Enugu-Aba-Port…

12 hours ago