- A report has alleged that a Nigeria's former minister of petroleum resources allegedly blew $56m cash on a jet
- Four anti-corruption organisations had written to the EFCC demanding the seizure of the jet
- According to the groups, the jet was bought with proceeds of corruption relating to the fraudulent sale of OPL 245
Emerging report from The Nation indicates that about $56 million of the $1.09 billion Malabu oil block cash was used by a former minister of petroleum resources to buy a jet.
Legit.ng gathered that the aircraft has been traced to Dubai in the United Arab Emirates.
It was learnt that four anti-corruption organisations have petitioned the Economic and Financial Crimes Commission (EFCC) demanding the seizure of the jet.
The disclosures were said to have been contained in the petition sent to the EFCC by the four groups.
The petition was signed by the chairman, Human Resource Development Centre (HEDA), Olanrewaju Suraju; Corner House director, Nick Hildyard; Re: Common director, Antonio Tricarico; and co-founder, Global Witness, Simon Taylor
They alleged that the jet was worth 56 million dollars.
In the petition, which was addressed to the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, the anti-corruption groups said the jet was bought with proceeds of corruption relating to the fraudulent sale of OPL 245.
They demanded the retrieval and forfeiture of the jet by the federal government through the EFCC.
The four anti-corruption crusaders, which attended the court proceedings in Milan, said their position was strengthened by “findings from the on-going international corruption case taking place at the Milan, Italy Court."
The petition read in part: “The investigation focused on the sales of OPL245 to Eni and Shell. It also involves grievous allegations of corruption linked with several serving and former company managers, including Nigerian politicians.
“Prosecutors in Milan were told by a former Federal Bureau of Investigation (FBI) agent, Debra LaPrevotte and Ten. Col. Alessandro Ferri both involved in the investigations of the case, that 56 million USD of proceeds of corruption was used by the former minister for the purchase of a private jet in Oklahoma City, USA. The specific tail registration number of the aircraft was given as M-MYNA
“What we heard from testimony in the court confirmed the information enclosed in a table produced by the FBI, and already disclosed as a public document in the court case, Crown vs. Malabu Oil and Gas, which was held at Southwark Crown Court in London, UK; namely that proceeds of the OPL 245 deal were used to purchase a Bombardier Global 6000 private jet with the registration number M-MYNA.”
They alleged that the individuals connected to Tibit Ltd, a BVI company involved in selling several Bombardier 6000 jets, have been the subject of a court case with the Australian Tax Office, adding that the report related to the Panama Papers has also raised questions about the Bombardier sales.
Although the Nigerian government received only $210 million as Signature Bonus, about $1.092 billion was traced to a London bank account which was suspected to be slush funds allegedly used to bribe some middle men and politicians in the country.
A former president was accused of benefiting about $200 million from the Malabu oil deal. About $523 million of the $1.092 billion paid for the block was shared out as bribes to some former ministers and politicians.
Meanwhile, Legit.ng had previously reported that an Italian judge sentenced two defendants to a four-year jail term over their involvement in one of Nigeria’s biggest oil industry’s corruption scandals.
The long-running case revolves around the 2011 purchase by Italian oil company, Eni, and Anglo-Dutch peer, Royal Dutch Shell, of OPL 245 offshore oil block (popularly known as Malabu oil scandal) for about $1.3 billion.
Nigerian Emeka Obi and Italian Gianluca Di Nardo were found guilty of international graft but their lawyers declined to comment.
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