Malabu oil deal: Court grants Adoke N50m bail, to produce 1 surety

Malabu oil deal: Court grants Adoke N50m bail, to produce 1 surety

- Former AGF Mohammed Adoke has been granted a N50 million bail

- The bail was granted by the Federal High Court in Abuja on Thursday, January 30

- Others standing trial alongside Adoke are Aliyu Abubakar and Rasky Gbinigie

The Federal High Court in Abuja on Thursday, January 30, granted former Attorney-General of the Federation (AGF) Mohammed Adoke a N50 million bail and one surety.

Adoke is standing trial over a 42-count charge of money laundering related to the $1.2 billion Malabu oil deal, Vanguard reports.

Two of the former AGF's co-defendants, Aliyu Abubakar and Rasky Gbinigie, charged with offences linked to the same controversial oil scam got similar verdicts.

The fact that a notable former public servant like Adoke is standing trial over corruption charges proves that the current administration has zero tolerance for crime.

This is really re-assuring at a time when many Nigerians have already lost trust and confidence in the ability of the leadership to save the nation from its moral squalor.

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Recall that had reported that Adoke had returned to the country on the instance of the Economic and Financial Crimes Commission (EFCC).

Adoke’s aircraft touched down at the Nnamdi Azikiwe International Airport in Abuja at about 3:40pm on Thursday, December 19.

The officers of the EFCC were on ground at the airport when he arrived and the anti-graft agency said the ex-minister would have his days in court.

Following its inability to produce the defendants in court, the anti-graft agency approached an FCT high court in Abuja on April 17, to secure a warrant of arrest against them.

Similarly, reported that Adoke appeared in the Gwagwalada division of the high court of the Federal Capital Territory, Abuja on Wednesday, January 22, for his trial.

The former AGF would be tried alongside six other accused persons in relation to the $1.09b settlement agreement on Malabu Oil Block.

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Moreover, there was an earlier report that the former AGF would be arraigned before an FCT high court on Tuesday, January 21.

Adoke would be arraigned on a 12-count charge alongside one Aliyu Abubakar, Rasky Gbinigie, as well as Malabu Oil and Gas Limited by the EFCC. ( -> Same great journalism, upgraded for better service!

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