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Court adjourns alleged $1.1m Malabu Oil deal until April 23
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By Staff Reporter
February 13, 2018 08:27:33am GMT      |      Views: 229

WorldStage Newsonline--- Justice John Tsoho  of the  Federal High Court in Abuja has  adjourned all three suits relating to the alleged 1.1 million US dollars Malabu Oil deal  until April 23 for further hearing.

In one of the suits, the prosecution had filed an oral application seeking a leave to file a written motion to withdraw charges against some of the defendants.

In the other second leg of the suit, four out of the 10 defendants had filed notices of preliminary objections on the charges leveled against them.

The judge, Justice John Tsoho, who eventually consolidated the motions, held that the court required quality time to peruse through the issues raised in order to deliver a water tight ruling on them.

The  hearing of the third leg of the suit, with five defendants, was also stalled due to absence of some of the parties.

The judge, however, ordered the prosecution to again serve the  defendants, who were not in court, with the fresh hearing notice.

The Economic and Financial Crimes Commission (EFCC) on March 3, 2017, filed a three-count charge against two multinational oil firms, Shell and ENI, for their roles in the alleged Malabu Oil scam.

The EFCC also in December, 2017 filed related charges against two former Nigerian ministers, Mohammed Adoke, and Dan Etete, and others, after concluding investigations on the 2011 controversial‎ sale of OPL 245.

The alleged fraud committed by the ex-Nigerian officials and officials of the oil firms, has also led to investigations and charges in Italy.

The EFCC had also secured a court order, ensuring the return of the OPL 245 to the Nigerian government, pending the determination of the court cases against the defendants.


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