Adoke: My Role in Malabu $1.1bn Oil Deal, Promises Return to Nigeria for Trial

Former Attorney General of the Federation and Minister of Justice, Mohammed Adoke, has explained that his roles in the controversial $1.1bn Malabu oil scam was limited to his duty as the Attorney General of the Federation.
Adoke claimed he signed the deal to save Nigeria from a prolonged legal tussle and fine of $2bn, stressing that he did that in the interest of the nation.
His reaction came as the Federal Government filed charges against him and eight others roles their roles in the scam, two days ago.
In a letter he sent out Wednesday night, Adoke said he was ready to return to Nigeria to defend himself in court any time he was called upon to do so.
He said, “My attention has been drawn to the charges filed by the EFCC against me and other named individuals and companies in respect of OPL 245 Settlement Agreement involving Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited.
“The charge of aiding the commission of money laundering offences preferred against me has finally confirmed the orchestrated plans to bring me to public disrepute in order to satisfy the whims and caprices of some powerful interests on revenge mission.
“I wish to reiterate that I acted within the actual and ostensible authority of the office I occupied to broker a settlement between Malabu Oil & Gas Limited and Shell Nigeria Ultra Deep Limited in order to ward off the over $2bn liability in damages for breach of contract which the country would have been exposed to in the likely event of the success of Shell Nigeria Ultra Deep Limited’s claim before the International Centre for the Settlement of Investment Disputes (ICSID).”

Author: News Editor

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