$1.2bn Oil Fraud: Court Orders Arrests Of Ex-Petroleum Minister, Two Others

$1.2bn Oil Fraud: Court Orders Arrests Of Ex-Petroleum Minister, Two Others
$1.2bn Oil Fraud: Court Orders Arrests Of Ex-Petroleum Minister, Two Others

An Abuja High Court on Thursday ordered the arrest of a former Minister of Petroleum, Dauzia Loyal Etete, popularly called Dan Etete, in connection with the Malabu Oil scam.

Justice Idris Kutigi ordered the arrest along with Munamuna Seidougha, and Jospeph Amaran

The Prosecutor, Bala Sanga, in an exparte application informed the court that the arrest of Mr Etete is key to unearthing the truth about the Malabu oil scam.

$1.2bn Oil Fraud: Court Orders Arrests Of Ex-Petroleum Minister, Two Others
$1.2bn Oil Fraud: Court Orders Arrests Of Ex-Petroleum Minister, Two Others

Justice Idris Kutigi, while granting the request ordered the Inspector General of Police (IGP) to arrest the former Minister and produce him before the court.

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 General Sani Abacha, facilitated the fraudulent allocation of the oil block.

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

 

 

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