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Malabu Oil Scam: Court Orders Arrest Of Ex-Petroleum Minister, Dan Etete, Two Others

etete

An Abuja High Court has ordered the arrest of a former Minister of Petroleum, Dan Etete, over the Malabu Oil scam.

Justice Abubakar Kutigi issued the order for Etete’s arrest, along with Munamuna Seidougha and Jospeph Amaran on Thursday, following an ex parte application by the Economic and Financial Crimes Commission, EFCC.

The EFCC had accused them of playing questionable roles in the alleged fraudulent allocation of the lucrative Oil Processing Licence 245 to Malabu Oil and Gas Limited in 1998.

It is alleged that the three were the owners of Malabu Oil and Gas Limited to which Etete, as the then Minister of Petroleum under the regime of General Sani Abacha, facilitated the fraudulent allocation of the oil block.

The anti-graft had said Etete, Seidougha, and Amaran were evading justice in the 42 counts of the alleged fraudulent Malabu Oil transactions recently filed against the immediate-past Attorney-General of the Federation, Mr Mohammed Adoke (SAN), and six others.

Mr. Adoke and others had since pleaded not guilty to the charges and were granted bail by the judge earlier on Thursday.

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