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Tag "Malabu"

OPL 245: Nigeria loses again as Italian court rejects $1.1bn compensation claim

    OPL 245: Nigeria loses again as Italian court rejects $1.1bn compensation claim

For the fifth time, Nigeria has lost its case in the long-running OPL 245 saga. On Friday, the appeals court in Milan, Italy, rejected the country’s request for $1.1bn compensation

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EXCLUSIVE: How Obasanjo approved return of OPL 245 to Malabu in 2006 (documents)

    EXCLUSIVE: How Obasanjo approved return of OPL 245 to Malabu in 2006 (documents)

Former President Olusegun Obasanjo approved the 2006 out-of-court settlement between the federal government and Malabu Oil & Gas Ltd over the OPL 245 dispute, documents seen by TheCable reveal. This

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OPL 245: UK’s anti-fraud agencies gave us go-ahead to pay Malabu, says JP Morgan

    OPL 245: UK’s anti-fraud agencies gave us go-ahead to pay Malabu, says JP Morgan

JP Morgan Chase Bank (JPMC) says it sought and got the approval of UK anti-fraud agencies before transferring funds to Malabu Oil & Gas Ltd from the sale of OPL

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REVEALED: How Italian prosecutors doctored evidence against Shell, Eni, Adoke in OPL 245 trial

    REVEALED: How Italian prosecutors doctored evidence against Shell, Eni, Adoke in OPL 245 trial

Two Italian prosecutors — Fabio De Pasquale (pictured) and Sergio Spadaro — are likely to face trial for misconduct following the decision to open investigation against them on Tuesday. The

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The twists and turns of OPL 245

  The twists and turns of OPL 245

My phone vibrated. The number was unfamiliar. I picked, all the same, and the caller introduced himself as Mohammed Bello

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REWIND: How EFCC desperately cooked up lies against me over OPL 245, by Adoke

  REWIND: How EFCC desperately cooked up lies against me over OPL 245, by Adoke

On Wednesday, Marco Tremolada, an Italian judge, dismissed corruption charges against Shell and Eni in the OPL 245 transaction in

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OPL 245: Italian court to give verdict on Shell, Eni case March 2021

  OPL 245: Italian court to give verdict on Shell, Eni case March 2021

An Italian court will deliver judgement on Royal Dutch Shell and Eni executives over alleged corruption case in Nigeria by

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OPL 245: Malami breaks silence on ‘35 percent asset recovery fee’ deal with US firm

  OPL 245: Malami breaks silence on ‘35 percent asset recovery fee’ deal with US firm

Abubakar Malami, attorney-general of the federation (AGF) and minister of justice, has denied the federal government’s involvement in an OPL

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Malabu: FG asks Shell, Eni to pay $1.1bn advance for damages

  Malabu: FG asks Shell, Eni to pay $1.1bn advance for damages

The federal government has asked Eni and Royal Dutch Shell to make an advance payment of $1.092 billion as damages

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Malami says Adoke’s demand for apology over P&ID is ‘misconceived’

  Malami says Adoke’s demand for apology over P&ID is ‘misconceived’

Abubakar Malami, attorney-general of the federation (AGF), says the demand for apology by his predecessor, Mohammed Bello Adoke, over the

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