Wednesday 24 May 2017

$1b Malabu scandal: FG drags Jonathan, Etete to UK court

Goodluck
The Federal Government has dragged former president, Dr. Goodluck Jonathan and one-time Petroleum minister, Dan Etete to court in the United Kingdom, insisting that the transfer of over $800 million to accounts controlled by Dan Etete from a Nigerian government account with regards to the Malabu Oli deal was fraudulent and against Nigerian laws.  


In a notice filed at the British Court, the Federal Government under President Muhammadu Buhari, argued that the transfer of the funds was done against the Nigerian laws. “Those funds should have been paid into the Consolidated Fund of the Government of Nigeria, following the grant of an oil exploration licence to a foreign oil consortium,” the government argued, according to court documents seen by The Daily Times.


Daily Times

No comments:

Post a Comment

Popular Posts