EFCC to Arraign Former AGF, Adoke, Etete, Others for Fraud

The Economic and Financial Crimes Commission (EFCC) is set to arraign former Attorney General of the Federation and Minister of Justice, Mohammed Adoke for alleged fraud.
To be arraigned alongside Adoke; is a former Petroleum Minister, Dan Etete; and businessman, Abubakar Aliyu, and others for their roles in the ‎Malabu $1.1 billion shady deal.
The 9-count charge bordering on fraud was filed at the Federal High Court, Abuja on Tuesday.
Adoke and former Finance Minister, Yerima Ngama, approved the transfer of about $1.1 billion into Nigerian accounts controlled by Etete.
The money was said to have been paid by oil giants, Shell and ENI, ‎into a Federal Government account, for OPL 245, considered the richest oil bloc in Africa.
After the transfer to Etete, over half of the money was paid to accounts of shady companie‎s controlled by Aliyu.
Although Adoke has repeatedly claimed he did no wrong, investigations by authorities in Nigeria, UK, and Italy have found him culpable in the scandal.

Author: News Editor

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