Nigeria charges ex-attorney general with financial crimes in $1.3 billion oil deal
22 Jan 2020

Nigeria’s financial crimes watchdog charged a former attorney general suspected of taking bribes to facilitate a $1.3 billion oil block sale, the agency said on Tuesday, in the latest twist in one of the industry’s biggest alleged corruption scandals.

An international investigation into the 2011 sale of the offshore oilfield known as OPL 245 by Malabu Oil and Gas has entangled two of the industry’s biggest players, Shell (RDSa.L) and Eni (ENI.MI), as well as an array of powerful figures from the previous Nigerian government.

Mohammed Adoke, Nigeria’s ex-attorney general, was charged with receiving the U.S. dollar equivalent of 300 million naira in 2013 to facilitate the OPL 245 deal and help waive taxes for Shell and Eni, according to a charge sheet filed in an Abuja high court last week.

Malabu was owned by former petroleum minister Dan Etete.

Shell and Eni, and their executives, have denied any wrongdoing. Etete has also denied wrongdoing.

Nigeria’s Economic and Financial Crimes Commission detained Adoke, who served as attorney general from 2010 to 2015, in December, after Interpol arrested him in Dubai in November.

By Camillus Eboh, Reuters, 21 January 2020

Read more at Reuters

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