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Tag Archives: malabu

Uneasy Calmness In Shell Nigeria As Dutch Probes Malabu Deal

Royal Dutch Shell yesterday said Dutch investigators visited its headquarters in the Hague over an investigation into a the controversial Nigerian offshore oil field located in oil prospecting licence (OPL) 245 retrieved from Malabu Oil over allegations of fraud in award of the oil block, and later sold to Shell and Eni. A Shell spokesman in Nigeria, Precious Okolobo,  confirmed ...

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Nigerians Awaits Dirty Details,As EFCC Begins Probe Of $2b Malabu Oil Scandal

The Economic and Financial Crimes Commission has initiated a discreet probe into the $2 billion Malabu Oil deal to ascertain whether the country was short-changed…and nigerian who are used to hearing about looted billions of naira are waiting to hear. The EFCC has arraigned six people for conspiracy, stealing, and forgery. The agency may interact with those who were parties ...

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