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$1.2b Malabu Oil Deal: Court Remands Adoke, Others In EFCC Custody

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$1.2b Malabu Oil Deal: Court Remands Adoke, Others In EFCC Custody

$1.2b Malabu Oil Deal: Court Remands Adoke, Others In EFCC Custody
January 24
09:04 2020

A High Court of the Federal Capital Territory (FCT) in Gwagwalada has ordered that former Minister of Justice and Attorney General of the Federation (AGF), Mohammed Adoke (SAN) and two others be remanded in the custody of the Economic and Financial Crimes Commission (EFCC).

Justice Abubakar Kutigi, in a ruling on Thursday, also ordered that Adoke, A. Abubakar and Rasky Gbinijie remain in the custody of the EFCC until Monday when their bail applications would be heard.

Justice Kutigi’s made the others in a ruling after the defendants were arraigned and they pleaded not guilty to the 42-count charge brought against them by the EFCC.

They are charged with among others, engaging in fraud in the handling of the settlement agreement on the Malabu Oil deal effected under President Goodluck Jonathan’s administration.

Other defendants in charge, marked: CR/151/2020, are: Malabu Oil and Gas Limited, Nigeria Agip Exploration Limited, Shell Nigeria Ultra Deep Limited and Shell Nigeria Exploration Production Company Limited.

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Opeyemi

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