Malabu oil scandal: FG alleges Jonathan, Diezani took bribes

Malabu oil scandal: FG alleges Jonathan, Diezani took bribes

- Former president, Goodluck Jonathan, and Diezani Alison-Madueke, have been indicted by the federal government of accepting bribes in the controversial OPL 245 deal

- The government said the duo accepted bribes and broke the $1.3 billion oil deal in 2011

- Nigeria claimed to have received only $209 million as signature bonus on the deal from the value of the oilfield to have been at least $3.5 billion

The federal government has accused former President Goodluck Jonathan and Diezani Alison-Madueke, his former minister of petroleum resources, of taking bribes for the controversial OPL 245 deal.

The filing, reviewed by Reuters claimed that federal government's claims were included in documents filed at a London court by lawyers representing the federal government concerning payments made to acquire the licence in 2011.

The government stated that Jonathan and Alison-Madueke conspired to “receive bribes and make a secret profit”, keeping it from getting what it was owed from the deal.

READ ALSO: Resign or you will be sacked - Ganduje reportedly tells Emir Sanusi

It said: “Bribes were paid. The receipt of those bribes and the participation in the scheme of said officials was in breach of their fiduciary duties and Nigerian criminal law.”

The bone of contention is payment made by Shell and Eni to acquire the licence for the oilfield thought to be one of the most lucrative in the country.

It was learnt that Shell and Eni jointly acquired the rights to the OPL 245 offshore oilfield but the deal went awry, leading to legal cases in several countries.

READ ALSO: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda

Nigeria claimed to have received only $209 million as signature bonus on the deal, it estimates the value of the oilfield to have been “at least $3.5 billion”.

Legit.ng reported that the federal government said it filed a 1.1 billion dollar lawsuit against Royal Dutch Shell and Eni in a commercial court in London in relation to a 2011 oilfield deal in Nigeria.

The two oil majors are embroiled in a long-running corruption case revolving around the purchase of Oil Prospecting Licence (OPL)245. OPL 245, which is one of the biggest sources of untapped oil reserves on the African continent with reserves estimated at nine billion barrels, is also at the heart of an ongoing corruption trial in Milan, Italy, in which former and current Shell and Eni officials are on the bench.

NAIJ.com (naija.ng) upgrades to Legit.ng Journalism at its best!

Top 5 the Richest People of Nigeria: The Luxury of Corruption on Legit.ng TV:

Source: Legit

Mailfire view pixel