Court strikes out application to stay arrest of by Adoke, Etete, 7 others over Malabu oil deal

News Agency Of Nigeria

May 13, 2019 4:24 PM

The charge filed on Dec. 20, 2016 establishes a nine-count charge against the accused, saying they transferred 801.540 million dollars from the Federal Government escrow account.

Court strikes out application to stay arrest of by Adoke, Etete, 7 others over Malabu oil deal[thetrentonline]

An FCT High Court, Jabi on Monday struck out an application seeking to stay an order, granting the EFCC leave to arrest two ex-ministers, seven others for their alleged involved in the Malabu oil deal.

The EFCC charged a Former Minister of Justice, Mr Mohammed Adoke and his Petroleum counterpart, Mr Dan Etete for their alleged involvement in the mismanagement of 1.1 billion dollars revenue accrued from the sale of oil bloc to Malabu Oil and Gas Limited in 2011.

The charge filed on Dec. 20, 2016 establishes a nine-count charge against the accused, saying they transferred 801.540 million dollars from the Federal Government escrow account.

The other accused are a businessman, Aliyu Abubakar, Malabu Oil and Gas Limited, Rocky Top Resources Limited, Imperial Union Limited, Novel Properties and Development Company Limited, Group Construction Limited and Megatech Engineering Limited.

Others are Shell Nigeria Exploration Production Company Ltd, Nigeria Agip Exploration Ltd, Eni SPA and Malabu oil and Gas Ltd, Ralph Wetzels, Casula Roberto, Pujatti Stefeno and Burrafato Sebastinno.

Justice Danlami Senchi of the court refused to grant the application in the suit No. FCT/HC/M/546/2019, on the grounds that the substantive suit was yet to be argued by the parties in the matter.

Justice Senchi had adjourned till June 11 to rule on all the motions and counter-motions before the court and for the parties to argue the substantive suit

According to the Judge, any party willing to file further motions or applications, must do it on or before June 5.

The News Agency of Nigeria (NAN) reports that the Judge had sometimes in the month of April during the last adjournment granted an application by the Economic and Financial Crimes Commission (EFCC) to arrest those in involved in the deal.

The court also adjourned the matter following a new motion filed by the EFCC which raises new issues against the defendants including the “Stay of Execution motion’’ filed by the defendants on the ground that parties were yet to respond to all the motion before the court.

The Counsel Adoke, Mr Nkem Okoro, holding the brief of Mike Ozekhome, SAN, and Counsel to Roberto, Stefeno and Sebastinno, Mr Joe Gadzama, SAN, had argued that the complainant bypassed the process they should have followed before filing the suit at the court.

They prayed for a stay of execution on the suit.

Ms L.O. Ekwegwa, counsel to Etete and Faje Opasanya, Counsel to Shell Nigeria Exploration Production Company Ltd, Nigeria Agip Exploration Ltd, Eni SPA, also prayed for a stay of execution.

News Agency Of Nigeria