It appears that the notice of whatsapp to stop it is operation on all blackberry phones that are using BlackBerry OS is coming to reality this night by 12:00am. Nairalander share your experience and how you will be able to cope without whatsapp application on your phone.
I am already feeling bad already as a blackberry user

December 15, decide whether  $85 million (N17 billion) frozen by UK authorities should be released to a fraudulent company, Malabu Oil and Gas, controlled by ex-convict, Dan Etete.
The money, frozen at the request of Italian authorities, is part of the $1.092 billion paid by oil giants, Shell and ENI, to Malabu through the Nigerian government.
PREMIUM TIMES had reported on the deal, enmeshed in various layers of corruption, and currently under investigation by authorities in four countries from three continents.
The $1.092 billion was meant as payment for an oil bloc, OPL 245, the juiciest oil bloc in Africa and estimated to contain about 9.23 billion barrels of crude oil.
Mr. Etete awarded the oil bloc to Malabu in 1998 while he was Nigeria’s petroleum minister against Nigerian laws as he failed to declare his interest in the company and actually falsified a fictional character, Kweku Amafegha, through which he owned shares in the company.
Both the givers, Shell and ENI, and the Nigerian government have given contradictory reasons on the 2011 agreement which led to Mr. Etete being paid money which should have gone to improving the lives of Nigerians.
While Shell and ENI have, contrary to all evidence, claimed that they paid the money to the Nigerian government not knowing who the final beneficiary would be, the Nigerian government through the former attorney general, Mohammed Adoke, claimed it only acted as a  “facilitator” between two willing parties.
However, while about two thirds of the money (over $800 million) has been shared and largely spent by Mr. Etete and his cohorts, about $195 million dollars remain frozen in two separate countries- England and Switzerland.

Summary of Malabu’s history. Source: Global Witness
Freezing $110 million
The first of the frozen sum, $110.5 million (N22.1 billion) is held by Swiss authorities on the request of Italian prosecutors who are investigating ENI’s role in the fraud.
The money was transferred to Switzerland from London after a shadowy businessman, Emeka Obi, through his company, Energy Venture Partners (EVP), won a suit against Malabu. Mr. Obi sued Malabu in London claiming he was entitled to a share of the largesse as he had helped facilitate the deal between the oil majors and Malabu. In July 2013, the High Court of Justice, Queen’s Bench Division presided by Lady Justice Gloster ruled in favour of Mr. Obi that he was entitled to “a fee of 8.5% of the total disposal consideration of $1.3 billion.”
Following the court’s ruling, the money was transferred to EVP’s Swiss accounts. However, Italian authorities who had by then started investigating the fraudulent deal asked Swiss authorities to freeze the money where it has since remained.
The London $85 million
Like it did in Switzerland, the Italian prosecutors also called for a freeze of $85 million in the London account. The money was the last part of the OPL 245 largesse not yet distributed.
However, sensing that the Muhammadu Buhari administration was yet to find its feet on international legal matters, Mr. Etete approached the British court and asked that the money be returned to him.
At a two-day hearing that started on November 23, Mr. Etete’s lawyers argued that there was no fraud in the deal and asked that the money be released to him.
While Mr. Etete argued that the money be released to him, the Italian prosecutor argued that “their investigation could lead to a potential forfeiture of the money down the road,” a source who has followed the case and was present at the proceedings told PREMIUM TIMES.
Malabu’s lawyers told the court that freezing the money was an assault on Nigeria and questioned how the court could imagine that Nigeria’s former Attorney general, Mr. Adoke, and Minister of State for Finance, Yerima Ngama, who both authorised the deal could be a party to corruption.
PREMIUM TIMES had reported how both Messrs. Adoke and Ngama hurriedly approved the transfer of the $1.092 billion of the total sum from Nigeria’s London account into Malabu’s accounts a day before former World Bank Managing Director, Ngozi Okonjo-Iweala, was to assume office as Nigeria’s Finance Minister and Coordinating Minister of the Economy.
Mrs. Okonjo-Iweala later washed her hands off the deal and referred all enquiries to Mr. Adoke, who as reported by PREMIUM TIMES lied to Nigerians and the House of Representatives about the deal.
At the British Court on November 23 and 24, Malabu’s lawyers did not disclose to the judge that Mr. Etete was recently questioned by the anti-graft agency, EFCC, which is investigating the case and stated in an interim report that the deal was fraught with corruption.
At the court, the Crown Prosecutor argued that the money should remain frozen and described the 2011 agreement as a “smashing grab of the Nigerian government then in the hands of Goodluck Jonathan.”
It involved “high watering amount of money” and was centred on a “corrupt arrangement,” he told the court.
The prosecutor described Mr. Etete as a “bagman” who has distributed the funds to “prominent Nigerian figures.”
The prosecutor listed the $10 million paid to Bayo Ojo, Nigeria’s former Attorney General, and over $500 million paid to Abubakar Aliyu, a man described as “Mr. Corruption” by EFCC officials and a close ally of ex-President Jonathan and other PDP leaders, as evidence of the distributions.
The prosecutor said Malabu has not been able to justify the money given to these individuals and that there was “a strong inference of corruption,” in the deal.
He described the deal as a textbook example of grand corruption and the involvement of the Nigerian government as a necessary part of it being grand.
Nigeria absent
Although the Malabu deal is being investigated by the anti-graft agency, EFCC, which recently invited Mr. Aliyu for questioning, and the presidential committee on corruption, Nigeria was not represented during the London hearing.
PREMIUM TIMES had reported how the EFCC investigation was stalled during the Jonathan administration with investigators lamenting they were discouraged from proceeding with their work although an interim EFCC investigation report stated that the deal and transfers of the money showed a “cloudy scene associated with fraudulent dealings.”


Barnaby Pace, an oil transparency campaigner with Global Witness, expressed surprise at Nigeria’s absence at the London court giving the opportunity the country has not only to retrieve the money but also to set a major example of President Buhari’s repeatedly stated stance of firm opposition to corruption.
“The Nigerian government coming out to say this a corrupt deal is a massive game changer,” he said. “It’s a fairly obvious test case for the Nigerian government.”
However sources at both the EFCC and the Nigerian Vice President’s office confirmed to PREMIUM TIMES that the government was now aware of the case and would cooperate with both the Italian and British authorities to ensure all the fraudulent sums are returned to Nigeria.
Irrespective of how Nigeria acts, the decision whether or not to release the $85 million to Mr. Etete will be made by the British judgeon Tuesday.


http://www.premiumtimesng.com/news/headlines/195141-malabu-opl245-fraud-dan-etete-wants-nigerias-n17-billion.html

vedaxcool:
[s][/s]

Jonathan investigated sotee he follow collect $200M? Sharap jare

As in someone that collected the 1.3 billion dollar of the proceeds of sale.

gsmphoneseller:
Lies...... lies ..........lies.


And the op is the greatest liar of all times not to tell Nigerians that it under Obasanjo that malubu deal took place.

Op did not tell us that Jonathan also probed ijto malabu oil deal but the evil people called it witchhunt.

Op did not tell us that reports does not convict anyone.

Op did not mention that futunato who was mentioned in the report is a Jew.


Etc etc.

If you don't have anything good to say about someone just shutup.

Let me educate you illiterate brain:

The Obasanjo administration revoked the Malabo deal.

On Jonathan's probe, it was just a theatrical charade after international govts criticised the deal.

U said report does not convicts anybody... Yea true but the substantial evidence against this people are enormous. While the then govt officials buried the evidence, the Italian prosecutor still evidence about the transaction. Furthermore, Eni has admitted that the deal was with Dan Etete and not the nigerian govt
Further take note that the obasanjo Adminstration paid off Malabu by acquiring back the Oil well he illegally allocated for herself in 2006

Maybe this picture will help you to start reasoning and help you combat the robbers of our children's future

Why is the current administration not asking that they be joined as an interested party to the suit currently ongoing in Italy?

emmysexxy:
OK

OK what

ShobayoEmma:
can one take what is not there?

How do you mean?

Court proceedings are due to begin in Italy today to determine whether oil giant Shell will face trial on corruption charges over the purchase of one of Africa’s most valuable oil blocks.
Italian prosecutors claim Shell and Italian oil
major Eni concluded a deal for the rights to
exploit the Nigerian deepwater oil block OPL 245 with knowledge that the money would fall into the hands of a convicted money-launderer and be turned into political kickbacks.
They are accusing Shell, Eni and several of Eni’s senior executives, including its CEO Claudio Descalzi, of corruption over the purchase of the block in 2011 .
A preliminary hearing over the alleged offences is being held behind closed doors in Milan and is expected to last several weeks.
The case has been described by anti-corruption Global Witness as “one of the biggest scandals in the history of the oil sector” and as a warning to anyone in the oil and gas industry taking part in corruption practices.
It comes days after Shell was forced to admit it dealt with convicted money-launderer Dan Etete, a former oil minister, when sealing the deal with the Nigerian Government. This follows six years of Shell insisting it had dealt only with the Nigerian Government when making the deal.
In 2011, Shell and Eni paid the Nigerian
Government $1.3bn (£1bn) for the rights to
access the oil bloc, allegedly ending a
longstanding dispute with Nigerian company
Malabu Oil and Gas, who previously owned the rights to the oil field.
But prosecutors claim Shell and Eni gave $1.1bn (£858m) to Etete’s company Malabu, depriving the Nigerian people of a sum that is larger than the country’s 2016 healthcare budget , according to Global Witness.
The deepwater oil block off the Niger Delta known as OPL 245 is believed to hold an estimated nine billion barrels of oil and to be worth nearly half a trillion dollars at today’s price.
Access to the oil reportedly could increase Shell’s global oil reserves by a third and add two thirds to Eni’s reserves . In January, the Nigerian Government suspended the oil majors’ rights to the oil bloc in regards to the pending investigation.
The rights to this huge oil field were originally
acquired by Etete’s Malabu company for a small sum in 1998, when he was oil minister. In 2007, Etete was convicted of money-laundering in a separate case in France.
But several investigations published over the last few weeks claim that Shell and Eni were aware that money was being handed over to Malabu.
What the Investigations Revealed Internal emails obtained by Global Witness show
that Shell’s top executives knew the money from the deal would be used to “pay off people” and flow into the pockets of some of the country’s most senior officials, including former president Goodluck Jonathan.
The emails also show Shell was negotiating the deal with Etete a year before it was signed .
According to documents filed by prosecutors,
$466m (£364m) were laundered through a
network of bureaux de change in Nigeria and
passed on to Jonathan and members of
his government.
Eni and Descalzi have denied the charges and
Shell previously said its employees had done
nothing illegal. Etete has not responded to
requests for comments but consistently denied any wrongdoing and a spokesman for Jonathan told the BBC the allegations were a “false narrative” .
These revelations follow DeSmog UK’s own
investigation , which showed the UK’s foreign
office agreed to lobby the Nigerian Government on behalf of Shell to protect its oil interests in the Niger Delta.
Oil campaigner for Global Witness Barnaby Pace told DeSmog UK: “Shell’s position claiming that they knew nothing was frankly unsustainable for them. It would not be surprising if they made a legal argument on the basis they admitted their involvement with Etete early rather than half way through a trial.
“Now that Shell has shifted its position, it puts them at odds with the position taken by Eni. Eni has been arguing that what happens with the money from the sale is not their responsibility and it’s nothing to do with them.”
A Shell spokesman told the BBC that Shell made repeated attempts “to fully establish and understand Malabu's ownership structure,
including the exact role of Mr Etete in Malabu”.
“Over time it became clear to us that Etete was involved in Malabu and that the only way to resolve the impasse through a negotiated
settlement was to engage with Etete and Malabu, whether we liked it or not. This was consistent with the Federal Government of Nigeria's (FGN) position.
“We believe that the settlement was a fully legal transaction with the FGN,” he said.
But documents obtained by BuzzFeed and Italian newspaper Il Sole 24 Ore reveal that Shell executives knew the deal would benefit Malabu by more than $1bn (£858m).
In an email from October 2010 between senior executives, executive board member Malcolm Brinded outlined details of the $1.3bn deal to secure OPL 245 and said it “has the advantage that Malabu gets well over $1bln”.
In another email circulated to senior executive, it is made clear that part of the money received by Etete would be used to “pay people off” .
Another email from a former MI6 officer
employed by Shell , dated March 2010 and
obtained by Global Witness, shows the company
believed Etete would benefit from the deal.
It reads: “Etete can smell the money. If, at 70 years old, he does turn his nose up at 1.2 bill he is completely certifiable and we should then probably just hold out until nature takes its course with him.”
This email was forwarded to the then Shell chief executive Peter Voser, which shows that
knowledge of Etete’s involvement were known
from the very top.
The deal over the rights to OPL 245 was signed off by Voser and his Eni counterpart just months after Shell paid $30m (£23m) to settle previous claims of bribery in Nigeria and elsewhere.
At the time the deal went through, Shell was five months into a deferred prosecution agreement – the equivalent to being under probation – with the US Department of Justice.
A spokesman for Eni told BuzzFeed: “Eni and
Shell are fully cooperating with the relevant
authorities in Italy and in Nigeria. We shall
continue to cooperate with relevant authorities in the investigations and continue to underscore the fact that ENI and its personnel have not been involved in any wrongdoing.”
Representatives of Peter Voser declined
to comment.
Why does it matter? “Test Case”
The preliminary hearing starting today in Milan will see the courts having to decide whether to pursue criminal charges against Shell and Eni, which could then face trial in the Autumn.
The procedure is long and the outcome is not
expected before the end of May 2017.
Prosecutors also confirmed they will seek
charges against four senior Shell executives,
including the current Shell Foundation Chairman Malcolm Brinded, who at the time of the deal was Shell’s head of Global Exploration and Production.
Speaking to DeSmog UK, Global Witness
campaigner Pace, said the charges were “a test case”, which will send a strong warning to the oil and gas industry that it will be held accountable over corruption claims.
“This is important because senior executives of two of the world’s biggest companies are entering the first stage of a trial. It’s a big deal.
“I see this as very much as a test case. Whether innocent or guilty, this will make other oil and gas companies realise the consequences,” he said.
“They are being held to account and the public will know about it. This has a deterrent effect.”


https://www.desmog.uk/2017/04/20/italian-court-decide-whether-shell-face-trial-over-allegations-corruption-amidst-fresh-revelations

Italian Prosecutors Accuse GEJ, Diezani , Gusau, Adoke, Bayo Ojo, Etete of Sharing $1.3b In Malabu Oil Fraud.
Italian prosecutors conducting an investigative report have accused former President Goodluck Ebele Jonathan, and four others of fraud.
Also indicted in the report are former Minister of Petroleum, Diezani Alison-Madueke, former Attorney Generals Mohammed Adoke and Bayo Ojo, former Minister of Defense and ex-National Security Adviser, Aliyu Gusau.
The report also names a long list of other senior government officials who shared hundreds of millions of dollars in the Malabu oil fraud deal.
According to SaharaReporters, the Italian prosecutors alleged that former President Goodluck Jonathan and several aides as well as top corporate officials of international oil firms, Eni and Shell, met several times between 2010 and 2011 to seal the fraudulent Malabu deal. and split a massive loot running into hundreds of millions
The report claims that the group shared a massive loot running into hundreds of millions between the Nigerian government and public interests as well as corporate officials.
Italian Prosecutors Accuse GEJ Of
Involvement In Malabu Oil Fraud
According to the Italian prosecutor’s report, Dauzia Loya Etete, a Minister under Gen Sani Abacha popularly called “Dan Etete” and his Malabu company were at the center of the scam.
The fraudulent deal involved the sale of an oil bloc named OPL 245 illicitly acquired by Dan Etete in 1998.
According to the Italian prosecutors, Mr. Etete had engaged Zubelum Chukwuemeka Obi to source for buyers of the oil bloc.
Subsequently, Italian oil giant, Eni, the parent of the Nigerian Agip Oil Company Ltd (NAOC) and Royal Dutch Shell, contracted to acquire 100 percent of the 245 oil block for a deal that totalled $1.3 billion.
The investigators are alleging that much of the funds was set aside for fraudulent payments to president Jonathan and other government officials as well as corporate executives of Eni and Shell.
The report not only names a long list of officials of Shell and Eni, it also indicts the former president, Mrs. Diezani Alison-Madueke, Mr.
Dan Etete, Mr. Adoke, former NSA Gusau, Mr. Obi, Mr. Ojo, and Alhaji Abubakar as beneficiaries from the Malabu Oil fraud.




https://buzznigeria.com/italian-prosecutors-accuse-gej-fraud/


After reading this I was faced with a couple of question?

1. Why did the Nigerian government allow an ex convict to sell our biggest property?

2. Why was an oil well that has untapped crude worth about 9 billion barrels sold for just 1.3 billion naira?

3. Why is it that since Shell and Eni have been roped in this scandal, why did they not just demand for their money?

4. Why is it that due diligence was not done by the president and his council before the eventual sale of OPL 245

5. Why did they allow the sale to sail through in 2011 after it was stalled ?

6. How will some government officials sell the future of the people for their selfish greed?

7. Where is the 1.3 billion naira gotten from the illogical sale of the African largest oil well

8. Why must the whites always continue to colonise us directly or indirectly

9. Why is it that the people working NNPC have not proposed a means to make the country have a well functional and sustainable refinery?

10. Finally, if former president, AGF and ors are not the beneficiaries of the sale called fraud, why have the not disclosed to us the reasons why a national asset was sold and what the money was used for?

boman2014:
They always use the people's money to start their scam business.

This one is a great scammer... if you were there when he was talking about the new business, you will think he is talking about one big company like that

boman2014:
Pastors are criminals

As in eeh

I am a recovery agent to one of these modern banks. My firm is saddled with the obligation of recovery the bank loans from their customers through every legal necessary means. One of the debtors on the list is owing about 2 million naira. We have written a demand letter to him which he did not reply. Thereafter, we filed a legal action against him. It was then that he came to our office pleading that he lost his job and his new business now has not been fetching him money. We then sat him down to discuss a payment plan on how his new business will pay up the loan. Suddenly, a fellow colleague decided to ask him about the new business in order to know our expected payment. But the man shocked us when he said " I have just established a church and my members are not yet paying " we further asked him if that was the new business he was talking about and he replied in the affirmative.
After our dialogue, I then began to wonder what this world is turning to or is it just/only happening in Nigeria?
Secondly, how can a G.O be thinking about using church money to service his personal loan debt.... #sighs

May God teach us how to serve him rightly

I know 2017 will be great for nigeria

sparrowkid:
Now the price of tomatoes no longer matters. However, exactly this time last year, tomato was one of the criteria used in condemning this same administration. Lest we forget, 4 pieces of tomatoes was selling for N500 according to some people. Now that a whole basket of tomatoes which rose up to N25,000 at some point last year is now selling for N1500, it doesn't matter again. Do we have to look for the definition of hypocrisy any longer?

When good things happen, "na their hero cause am". On the other hand, when the opposite happens, "na Buhari and those who voted for him must be axed". Sometimes I wonder how cruel can some people be.

May God bless you. For you deserve to take a bite

andersonbaba:



from your chan delia (if you have one) lol

azimibraun:
Nigerian Farmers are on top of things at the moment. With the support from the most active minister and the most seen in the farms CBN governor working in a " holy collabo" and a ready market, we all the way up!!!! It's not a fluke, it's agric policy at work. Need I digress, to say we had an xmas with all filling stations having fuel so transporting of the farm produce to the market where you bought wasn't a problem.

Thumbs up. U deserve this 3 ladies

meezynetwork:
How much is cow? Hp u priced it?

Ahhahahaaaa it is like you want to marry this year

Lalasticlala ...frontpage material is ready ooo

@lalasticlala front page ooo so that daily traveller can help share their experience.

grevotech:

Yes even on Christmas day

Nawa ooo. Not even during the week days

grevotech:
NO-DAY

like seriously
You mean there is no day that some buses don't get filled up before leaving their station?

rose54321:
Can anyone help me with (a list if possible of) nice Estates in Abuja - with a decent compound, average electricity and SAFE environment.

Thanks in advance.
Help a brother.

I have a 3 bedroom flat with nice compound that I accommodate about 4 cars in an army secured estate for sale at Kurudu. Close to Karu abuja for just 11million naira (distress sale) for more information, call 08082941076

I want travel to abuja and I plan to board either God is good or cross country motors. The problem is that I am relocating and I have so many bags to carry along. So I want to know the day of the week that is usually free of passengers so that I can put my luggages in the bus without extra cost since there will be no much passenger to travel that day . Someone needs to be economical in this recessional December

@lalasticlala

andersonbaba:
A friend of mine has a Savings account and he plans to use it for land transaction worth about 10million naira. the questions now are;
1. can 10 million naira be deposited in a savings account without query?

2. will he be able to make a withdrawal from the individual savings account without being arrested bt security operatives ?

3. will his account be frozen for some policies reason and where that happens, will he still be able to access his hard earned cash?

4. is there anything like maximum cumulative balance and if there is what is the maximum balance for a savings account

sluvy4tune:
Chill bro
I once had this encountered, go and discuss with your account officer that you are expecting such amount, if your account can take it they let you know, if it can not they will ask you to do an upgrade which cost not less than a proper means of identification.
Stay Fruitful.

This guy may be right tho

andersonbaba:



then what is the essence of our BVN then?

I don't know ooo

Pieromania:
it depends on the document he used in opening the account,if he opened a regular account with normal valid id card,like national id card,international passport,or driver's license,he cn operate millions.
Bt if it is nt a regular accnt then he has to upgrade the account to be able to accommodate such amount.

So are u saying that it I only my id card that will be required to upgrade my account to accommodate millions and can it be done at any branch?

sluvy4tune:
Chill bro

I once had this encountered, go and discuss with your account officer that you are expecting such amount, if your account can take it they let you know, if it can not they will ask you to do an upgrade which cost not less than a proper means of identification.


Stay Fruitful.

How did u solve your own matter?

@lalasticlala ... put it on front page so that I can know the limit that my bank acct can take before some bank attendants begin to speak "turenshi" on my money

dingbang:
yep.. signs are out there to tell me God is speaking to me

Ooooshey...the chosen one

dingbang:
so me Dat don't fast, my path is crooked na. Mchew

dingbang:
If I need a revelation from God I open the bible and read! Jeez..

Without prayer or fasting