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Malabu scam: EFCC to arrest ex-AGF, others

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The Economic and Financial Crimes Commission will next week apply to court for arrest warrants against some suspects named in the charges relating to the $1.1bn Malabu oil scam, SUNDAY PUNCH has learnt.

Our correspondent also learnt that the anti-graft agency would soon commence the process of extraditing other suspects, who are abroad and have not shown readiness to submit themselves for trial.

Among the suspects who are abroad, are the immediate-past Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Adoke (SAN), who has informed his successor, Mr. Abubakar Malami (SAN), that he was being persecuted by the EFCC.

The EFCC had alleged that over $1.1bn fraudulently exchanged hands in alleged shady transactions over the highly lucrative Nigerian oil well OPL 245, said to have been originally offered to Malabu Oil and Gas Ltd by the then Gen. Sani Abacha junta under controversial circumstances in 1998.

Already the EFCC has filed three sets of charges before the Federal High Court in Abuja and the High Court of the Federal Capital Territory, Maitama, against Adoke and others.

Punch, March 26, 2017

 

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