News
Jonathan, Diezani conspired to receive bribe, FG tells London court
The federal government has accused former President Goodluck Jonathan and Diezani Alison-Madueke, his former minister of petroleum resources, of accepting bribes for the controversial OPL 245 deal.
These claims were included in documents filed at a London court by lawyers representing the federal government concerning payments made to acquire the licence in 2011.
In the court case filed against Shell and Eni, the federal government said Jonathan and Alison-Madueke broke the law for making a secret profit and sidelining the government from its true share of the deal.
On April 9, 1998, the federal military government awarded OPL 245 to Malabu Oil and Gas Ltd, which was said to be owned mainly by Mohammed Abacha, son of the Sani Abacha, and Etete, who was the petroleum minister at the time.
On July 2, 2001, President Olusegun Obasanjo revoked Malabu’s licence and assigned the oil block to Shell — without a public bid. Malabu went to court, but ownership was reverted to it in 2006 after it reached an out-of-court settlement with the federal government.
Shell fought back and commenced arbitration against Nigeria, but when President Goodluck Jonathan came to power in 2010, the controversy appeared to have been resolved with Shell and Eni agreeing to buy the oil block from Malabu for $1.1 billion.
The oil companies also paid $210 million as signature bonus to the federal government of Nigeria.
However, the deal has been enmeshed in more controversies and trials over allegations of bribery and shady deals by officials of the Nigerian government and their foreign accomplices.
The OPL 245 is reported to be one of the biggest untapped oil resources in Africa with reserves estimated at 9 billion barrels.
“Bribes were paid. The receipt of those bribes and the participation in the scheme of said officials was in breach of their fiduciary duties and Nigerian criminal law,” the court document read.
Reuters reports that Jonathan’s spokesman declined to comment, saying the former president was on duty as an election observer in South Africa.
Cable NG
-
Society News4 years ago
Jamaican man beheads wife after finding out their 6 kids are not his
-
Society News6 years ago
EXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
News4 years ago
Pastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News4 years ago
BREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
News4 years ago
BREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime5 years ago
Exclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
-
News4 years ago
BREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
-
Society News5 years ago
The Rise and Fall of “Jumoke The Bread Seller”
You must be logged in to post a comment Login