- A
student of Queens college is being admitted in different hospitals in Lagos on
a daily basis according to reports - Many pupils of the school had diarrhoea
after eating spaghetti and water, said to have been contaminated -Two pupils of
the school–Vivian Osuiniyi and Bithia Itulua – were reported to have died after
being taken away for proper treatments at home More Queen’s College pupils take
ill Students are reportedly taking ill on a daily basis despite the closure of
the school The diarrhea outbreak which has locked down Queens College seems not
to be abating as at least a student on a daily basis is being admitted in one
general hospital or another in Lagos state, according to Punch. According to a
parent whose child had been admitted at the Lagos University Teaching Hospital,
Idi Araba, no fewer than 15 pupils of the school were receiving treatment in
LUTH. She said: “My daughter did not show any symptom until about two weeks
ago. We took her to a private clinic in our area, where she stayed for five
days without any improvement. “Then, we took her to a standard hospital where
some consultants battled with the infection. After I had spent about N150,000,
I was advised to take her to LUTH. “In LUTH, I saw a lot of Queen’s College
parents with their children. We were about 15 in number. Just yesterday, they
brought a girl in school uniform. She was brought by her parents directly from
the school. Unfortunately, while some of our children are struggling to
survive, the school is trying to manage its reputation by lying that all is
well. “They are bringing pupils on a daily basis. The school authority and the
Federal Ministry of Education are paying lip service to this unfolding
incident.” Another parent who spoke with Punch said one of the doctors attending
to the children cautioned that pupils who had yet to show any sign of infection
were more at risk. He said: “We were told that the more the bacterial stays
dormant in the body of the girls, the more dangerous it would be. There is a
need for the school management to sensitise all the parents whose children have
not fallen ill to take urgent action. It is dangerous for pupils to still be
using that environment because the infection has not been isolated.” Naij.com
recalls that many pupils of the school had diarrhea after eating spaghetti and
water said to have been contaminated. Two pupils of the school–Vivian Osuiniyi
and Bithia Itulua – were reported to have died after being taken away for
proper treatments at home. In the video below, Naij.com takes a look at the
amazing benefits of cucumber to the health.
- A student of Queens
college is being admitted in different hospitals in Lagos on a daily
basis according to reports
- Many pupils of the school had diarrhoea after eating spaghetti and
water, said to have been contaminated
-Two pupils of the school–Vivian Osuiniyi and Bithia Itulua – were
reported to have died after being taken away for proper treatments at
home
More Queen’s College pupils take ill
Students are reportedly taking ill on a daily basis despite the closure
of the school
The diarrhea outbreak which has locked down Queens College seems not to
be abating as at least a student on a daily basis is being admitted in
one general hospital or another in Lagos state, according to Punch.
According to a parent whose child had been admitted at the Lagos
University Teaching Hospital, Idi Araba, no fewer than 15 pupils of the
school were receiving treatment in LUTH.
She said: “My daughter did not show any symptom until about two weeks
ago. We took her to a private clinic in our area, where she stayed for
five days without any improvement.
“Then, we took her to a standard hospital where some consultants battled
with the infection. After I had spent about N150,000, I was advised to
take her to LUTH.
“In LUTH, I saw a lot of Queen’s College parents with their children. We
were about 15 in number. Just yesterday, they brought a girl in school
uniform. She was brought by her parents directly from the school.
Unfortunately, while some of our children are struggling to survive, the
school is trying to manage its reputation by lying that all is well.
“They are bringing pupils on a daily basis. The school authority and the
Federal Ministry of Education are paying lip service to this unfolding
incident.”
Another parent who spoke with Punch said one of the doctors attending to
the children cautioned that pupils who had yet to show any sign of
infection were more at risk.
He said: “We were told that the more the bacterial stays dormant in the
body of the girls, the more dangerous it would be. There is a need for
the school management to sensitise all the parents whose children have
not fallen ill to take urgent action. It is dangerous for pupils to
still be using that environment because the infection has not been
isolated.”
Naij.com recalls that many pupils of the school had diarrhea after
eating spaghetti and water said to have been contaminated.
Two pupils of the school–Vivian Osuiniyi and Bithia Itulua – were
reported to have died after being taken away for proper treatments at
home.
In the video below, Naij.com takes a look at the amazing benefits of
cucumber to the health. Read more: https://www.naij.com/1095953-more-queens-college-pupils-ill.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.” Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
- A student of Queens
college is being admitted in different hospitals in Lagos on a daily
basis according to reports
- Many pupils of the school had diarrhoea after eating spaghetti and
water, said to have been contaminated
-Two pupils of the school–Vivian Osuiniyi and Bithia Itulua – were
reported to have died after being taken away for proper treatments at
home
More Queen’s College pupils take ill
Students are reportedly taking ill on a daily basis despite the closure
of the school
The diarrhea outbreak which has locked down Queens College seems not to
be abating as at least a student on a daily basis is being admitted in
one general hospital or another in Lagos state, according to Punch.
According to a parent whose child had been admitted at the Lagos
University Teaching Hospital, Idi Araba, no fewer than 15 pupils of the
school were receiving treatment in LUTH.
She said: “My daughter did not show any symptom until about two weeks
ago. We took her to a private clinic in our area, where she stayed for
five days without any improvement.
“Then, we took her to a standard hospital where some consultants battled
with the infection. After I had spent about N150,000, I was advised to
take her to LUTH.
“In LUTH, I saw a lot of Queen’s College parents with their children. We
were about 15 in number. Just yesterday, they brought a girl in school
uniform. She was brought by her parents directly from the school.
Unfortunately, while some of our children are struggling to survive, the
school is trying to manage its reputation by lying that all is well.
“They are bringing pupils on a daily basis. The school authority and the
Federal Ministry of Education are paying lip service to this unfolding
incident.”
Another parent who spoke with Punch said one of the doctors attending to
the children cautioned that pupils who had yet to show any sign of
infection were more at risk.
He said: “We were told that the more the bacterial stays dormant in the
body of the girls, the more dangerous it would be. There is a need for
the school management to sensitise all the parents whose children have
not fallen ill to take urgent action. It is dangerous for pupils to
still be using that environment because the infection has not been
isolated.”
Naij.com recalls that many pupils of the school had diarrhea after
eating spaghetti and water said to have been contaminated.
Two pupils of the school–Vivian Osuiniyi and Bithia Itulua – were
reported to have died after being taken away for proper treatments at
home.
In the video below, Naij.com takes a look at the amazing benefits of
cucumber to the health. Read more: https://www.naij.com/1095953-more-queens-college-pupils-ill.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.” Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.” Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.”
Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.” Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.”
Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
- The details of how
$1.1bn scandal was shared has been revealed
- Former Head of State, Sani Abacha's son, Muhammed and Fasawe have also
given the details of the deal
- A Federal High Court in Abuja had fixed April 3 for the arraignment of
those involved in the scam
Court processes which have not been verified, have shown details of how
the $1.1 billion paid by Shell Nigeria Ultra-Deep (SNUD) Ltd, Shell
Nigeria Exploration and Production Company (SNEPCO) Ltd and Nigerian
Agip Exploration (NAE) Ltd to the federal government in 2011 for the
purchase of Oil Prospecting Licence (OPL) 245 originally held by Malabu
Oil and Gas Limited was shared by some prominent Nigerians, This Day has
reported.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Muhammed Abacha
This is just as a Federal High Court in Abuja has fixed April 3 for the
arraignment of the former Attorney General of the Federation (AGF) and
Minister of Justice, Mr Mohammed Adoke, a former Minister of Petroleum
Resources, Chief Dan Etete, and others charged with various alleged
offences for their roles in the transaction.
READ ALSO: Certificate saga: Dino Melaye's school mate finally reveals
the truth
NAIJ.com gathered that according to court papers, a son of the late
military Head of State, Sani Abacha, Mohammed, and a known associate of
former President Olusegun Obasanjo, Oyewole Fasawe, gave details of how
OPL 245 was allegedly taken from them and sold to the SNUD, SNEPCO and
NAE consortium in 2011.
They also provided insight into how the $1.1 billion paid by the
consortium for OPL 245, which was facilitated by the Nigerian
government, was shared by some prominent individuals, without the
knowledge and involvement of a majority of the actual owners of Malabu
Oil.
Abacha and Fasawe equally gave details, in their joint plaintiffs’
statement of claims, in a suit they recently filed at the Federal High
Court, Abuja, of the roles allegedly played by former Ministers of
Petroleum, Justice and Finance – Etete, Adoke and Yerima Lawal Ngama,
respectively – in the transaction leading to the sale of OPL 245 and the
lodgment of the proceeds from the deal in the federal government’s
escrow account.
The Economic and Financial Crimes Commission (EFCC), in a court document
filed earlier this year, had stated among other things that Malabu Oil
was incorporated in Nigeria sometime in April 1998 with shareholders,
namely: Mohammed Sani (fronting for the late Gen. Sani Abacha), Kwekwu
Amafegha (representing Dan Etete, then Minister of Petroleum Resources)
and Hassan Hindu (on behalf of Ambassador Hassan Adamu.)
The commission stated that in the same month, the Ministry of Petroleum
Resources offered Malabu Oil a deepwater oil block processing licence in
respect of OPL 245.
EFCC said that upon the death of Gen. Abacha in June 1998 and between
1999 and 2000, the corporate status and shareholding structure of Malabu
Oil were altered severally through forged board resolutions, which
eventually divested Mohammed Sani of his shares while new shareholders
and directors were appointed fraudulently.
READ ALSO: Dino Melaye tells Buhari he cannot nominate Magu again
In their court documents filed on March 20, 2017, Abacha and Fasawe, who
claimed to own a 70 per cent stake in Malabu Oil, said they were
fraudulently divested of their shares.
The suit has Malabu Oil and Gas Ltd, Mohammed Sani and Pecos Energy Ltd
as plaintiffs, with Kweku Amafegha, Munamuna Seidougha, Amaran Joseph,
Corporate Affairs Commission (CAC), Shell, Agip, Federal Government of
Nigeria (FGN), AGF, and the Petroleum Minister as defendants.
The plaintiffs stated that at inception, Malabu Oil’s equity holding of
20 million was shared among its initial subscribers thus: Mohammed Sani:
10 million (equivalent of 50 per cent), Kweku Amafegha: 6 million (30
per cent) and Hassan Hindu: 2 million (20 per cent).
They said Hindu’s 20 per cent was later bought in 2000 by Fasawe through
his company, Pecos Energy Ltd.
Malabu scandal: Abacha’s son, Fasawe reveal how details of $1.1bn was
shared
Chief Oyewole Fasawe
They stated that while Abacha was imprisoned between 1999 and 2002 and
could not actively participate in the affairs of Malabu Oil, Chief Dan
Etete (also known as Chief Dauzia Loya Etete), the consultant to the
first plaintiff (Malabu Oil) whose function was in an advisory capacity,
took over the first plaintiff’s books, documents and records in the
absence of the second plaintiff (Mohammed Sani) without any mandate to
do so.
“The said transaction was carried out through a series of agreements
signed and dated between 29th and 30th April 2011 by Seidougha Munamuna
purportedly acting as a director of the first plaintiff and Mr. Rasky
Gbinijie purportedly acting as company secretary of first plaintiff,
with the fifth, sixth and seventh defendants – Shell, Agip and FGN.”
The plaintiffs said: “Following the execution of the several agreements,
$1,092,000,000.00 was paid into a Federal Republic of Nigeria
Domiciliary Escrow Account No: 41454193 domiciled in JP Morgan Chase
Co., London to be passed to the first plaintiff as consideration for the
alleged surrender of its asset – OPL 245.
“On 16th August 2011, the FGN through the then Minister of State for
Finance, Dr. Yerima Lawan Ngama and the AGF, Mohammed Bello Adoke (SAN)
instructed the release of the money from the said Domiciliary Escrow
Account of the FGN in the following manner: $401,540,000 paid into
Account No: 2018288005 purportedly belonging to the first plaintiff in
First Bank of Nigeria Plc, and $400,000,000 paid into supposed first
plaintiff’s account No: 3610042472 with Keystone Bank Limited.
READ ALSO: Dino Melaye scandal: Reno Omokri takes a swipe at Buhari
“Out of the $1,092,000,000.00, the sum of $801,540,000 was paid into the
first plaintiff’s account with First Bank of Nigeria Plc and Keystone
Bank Limited allegedly opened and run by the first plaintiff, yet Chief
Dauzia Loya Etete (aka Chief Dan Etete) is the sole signatory to the two
accounts.”
Read more: https://www.naij.com/1095960-malabu-scandal-abachas-son-fasawe-reveal-details-11bn-shared.html
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