Connect with us

FEATURED

OPL 245: Adoke Runs To Court To Quash Arrest Warrant

Published

on

Mohammed Adoke, former minister of justice and attorney general of the federation, has asked a federal high court in Abuja, to dismiss a bench warrant issued for his arrest.

The court had ordered Adoke’s arrest alongside Dan Etete, former minister of petroleum, and four foreigners, Raph Wetzels, Casula Roberto, Pujato Stefano, and Burrato Sebastiano.

This followed failure of the six individuals to appear in court over their alleged role in the OPL 245 deal.

Ruling on an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC) on April 17, D. Z. Senchi, the presiding judge, ordered the Nigeria police, the INTERPOL and any other law enforcement agencies to arrest the suspects anywhere they were found.

But in a motion on notice filed before the court through Mike Ozekhome, his legal counsel, Adoke told the court to dismiss the order.

He said the court lacked the jurisdiction to have granted the order in the first instance.

Advertisement

According to TheCable, Adoke had earlier said he would  challenge the court order, as he had no case to answer.

“The honorable judge was misled by the EFCC to grant the warrant. Justice Binta Nyako ruled in April 2018 that I was only carrying out a presidential order in the OPL 245/Malabu transaction and that I had no case to answer,” the former AGF had said in an email to TheCable.

“That naturally ends the EFCC case against me but the agency has chosen this path and I will use all legal means to exonerate myself.”

OPL 245 is an oilfield in the Niger Delta, estimated in some quarters as holding about nine billion barrels of crude oil. It is considered as one of the most lucrative on the continent.

In 1998, the military regime of Sani Abacha came up with the policy of encouraging indigenous participation in the upstream sector of the oil and gas industry.

Oil blocks were allocated to indigenous companies at a reduced signature bonus of $20 million.

Advertisement

Signature bonus is a one-time fee for the assignment and securing of a licence, paid irrespective of economic success for the contractor or licensee.

On April 9, 1998, the federal military government awarded OPL 245 to Malabu Oil and Gas Ltd, which was said to be owned mainly by Mohammed Abacha, son of the Sani Abacha, and Etete, who was the petroleum minister at the time.

On July 2, 2001, President Olusegun Obasanjo revoked Malabu’s licence and assigned the oil block to Shell — without a public bid. Malabu went to court, but ownership was reverted to it in 2006 after it reached an out-of-court settlement with the federal government.

Shell fought back and commenced arbitration against Nigeria, but when President Goodluck Jonathan came to power in 2010, the controversy appeared to have been resolved with Shell and Eni agreeing to buy the oil block from Malabu for $1.1 billion.

The oil companies also paid $210 million as signature bonus to the federal government of Nigeria.

However, allegations of graft have bedevilled the deal, leading to the jailing of the middlemen by an Italian court in 2018.

Advertisement

The EFCC brought back Malabu case in 2017, seeking a court order to return OPL 245 to the federal government — an order which was granted by the federal high court.

Continue Reading
Advertisement
Click to comment
FEATURED1 hour ago

Police Arrest Female Drug Baron, Three Others with Large Quantities of Illicit Substances in Delta

METRO10 hours ago

EFCC Arraigns One for N25m Fraud in Maiduguri

FEATURED11 hours ago

Offa Bank Robbery: Why Ex-Governors Saraki, Ahmed Are Charged with Culpable Homicide

COMMUNITY REPORT23 hours ago

Oborevwori, Ibori, Okowa, Omo-Agege, Nwoko, Others Pay Last Respect to ex-Delta Deputy Governor Elue

FEATURED23 hours ago

Syndicate Busted in Delta as Police Arrest Five Who Abducted Passengers in February

FEATURED1 day ago

Two Delta Police Officers Captured in Viral Video Face Orderly Room Trial Over Misconduct

FEATURED2 days ago

$250,000 Scam: Fake World Bank Staff Arrested for Allegedly Duping Kenyan Couple

N-Power: gd-jpeg v1.0 (using IJG JPEG v62), quality = 85
FEATURED2 days ago

Alleged $1.3m, N746.6m Fraud: Court Issues Arrest Warrant Against Former Humanitarian Minister Sadiya, Perm Sec

COMMUNITY REPORT2 days ago

Delta: Two Arraigned in Warri Over Extortion as Oborevwori Reiterates Ban on Levies from Property Developers

FEATURED2 days ago

Police Intercept Hard Drugs Concealed Inside Energy Saving Bulbs in Delta

FEATURED2 days ago

How Nigerian Fugitive Was Arrested, Extradited to UK to Face Murder, Drug Trafficking Charges

social media
NEWS3 days ago

APC Chieftain Eboh Chides Opposition to Ned Nwoko’s Ambition as Self-Serving

FEATURED3 days ago

Emerhor’s Senatorial Bid Boosted as APC’s Delta Central Elders, Leaders Endorse Him as Sole Candidate

Mr. Bayo Ojulari
FEATURED3 days ago

Senate Slams NNPCL with April 29 Deadline to Explain N210Trn Discrepancy or Face Sanctions

Bello Matawalle
FEATURED3 days ago

US Lawmaker Demands Removal of Minister of Defence State, Matawalle Over Nigeria’s Insecurity

Advertisement
Advertisement

z