Connect with us

News

EFCC a step closer to arresting, extraditing ex-petroleum minister Etete

Published

on

The bid by the Economic and financial Crimes Commission to have a former Minister of Petroleum, Dauzia Loyal Etete, better known as Dan Etete, arrested and extradited to Nigeria got a boost on Thursday.

The commission secured an order of the High Court of the Federal Capital Territory in Gwagwalada, Abuja, to arrest Etete, in connection with the Malabu Oil scam.

The court ordered that Etete should be arrested alongside Munamuna Seidougha, and Jospeph Amaran over their alleged roles in the Malabu Oil scam.

The court presided over by Justice Abubakar Kutigi gave the order sequel to an ex parte application by the EFCC.

The EFCC alleged that the trio played illegal parts in the supposed fraudulent allocation of the Oil Processing Licence 245 to Malabu Oil and Gas Limited in 1998.

Etete, a Minister of Petroleum under General Sani Abacha’s regime was said to have ensured the allocation of the oil block was awarded to Malabu Oil and Gas Limited, a company said to belong to him and the two others.

In a 42 counts EFCC levelled against a former Attorney-General of the Federation, Mr Mohammed Adoke (SAN), and six others over Malabu Oil transactions, the anti-graft agency listed Etete, Seidougha, and Amaran as being on the run.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now