Browsing: Malabu Oil and Gas Limited

The lawsuit said JP Morgan then received a request from finance ministry workers to transfer more than $800 million of the funds to accounts controlled by the previous operator of the block, Malabu Oil and Gas, itself controlled by former oil minister, Chief Dan Etete.

Mr. Adoke prayed the court to declare that his involvement in the negotiation between the Nigerian government and Malabu Oil and Gas Limited, Shell, Nigeria National Petroleum Corporation (NNPC) and Agip in the matter of OPL 245 was in “furtherance of the lawful directive/approval of the president in the exercise of his powers.”