###Nigerian businessman and principal suspect in the Malabu OPL 245 scandal, Abubakar Aliyu, has said he received $400million as a “consultancy fee.”
### OPL 245, estimated to hold 482 million barrels of economically recoverable oil, expired on May 11, 2021, ten years after Shell and Eni paid $1.3billion for the license in a deal trailed by criminal investigations and trials.


The Malabu scandal involved the transfer of about $1.1 billion by Shell and ENI through the Nigerian government to accounts controlled by a former Nigerian petroleum minister, Dan Etete. From accounts controlled by Etete, about half the money ($520 million) went to accounts of companies controlled by Abubakar, popularly known in Nigeria as the owner of AA oil.

Anti-corruption investigators and activists suspect he fronted for top officials of the Goodluck Jonathan administration as well of officials of Shell and ENI. The transaction was authorised in 2011 by ex-president Jonathan through some of his cabinet ministers and the money was payment for OPL 245, one of Nigeria’s richest oil blocks. The oil resources of the OPL 245 license have remained undeveloped since the controversies began.

Eni initiated international arbitration proceedings against Nigeria in September, alleging the government has breached its obligations by refusing to let the firm develop the license, which has now expired this May.
According to the transcript of a Milan court, Abubakar, an ally of controversial former Petroleum Minister and another suspect in the criminal trial, Dan Etete, said he got $400million as consultant fee in the deal.
He said he used part of the fund to buy some properties as follows: three properties in Miatama, two in central area Abuja, three properties in Lagos in Ikoyi, Lekki and Victoria Garden City VGC and a commercial Property Shopping Mall in Dubai, UAE and a residential property also in Dubai UAE.

Abubakar stated (spelling and grammar as in original), “Sometime in 2011, I and Chief Dan Etete met and had a meeting in his house in maitama Abuja (over) in respect to Malabu Oil and Gas. The meeting [with Etete] was about how to solve the issue surrounding (M) Block 245 which we sat down and agreed that I should take this matter and discuss with the then President Dr Goodluck Ebele Jonathan and I would act as a consultant.
“This we all agreed then I went to the President and I had a meeting with him which he would see how he would resolve this matter for the interest of Nigeria and the interest of everybody, then it was agreed I would be paid a consultancy fee, the amount was not stated, the amount was not established because we did not know how much the oil well would be.
“That necessitated furthermore, the then Attorney General Bello Adoke was called upon by the president that he set up a meeting in the Attorney General office which he did. After several hours meeting between Shell, Eni, Attorney General’s office, myself the meeting was postponed to the next day

“Then the second day, we came to the meeting, when we came, Malabu started their case, Shell and ENI went outside the door to have a private meeting and gave a counter offer of $1.092.040.000 United States Dllars as against $3bn Dollars proposed by Malanu. Then Attorney General came in as an arbiter and ask Malabu and myself to go out and hold a private meeting which we did, we came back to agree the offer of $1.092.040.000 it was agreed that $210M would be deducted to pay signature Bonus to the Federal Government from payment to Malabu.

“The balance was paid to Malabu. I need to add that Dan Etete was consulted regarding the offer before we (concurred) agreed. Then $400M Four Hundred Million United State Dollars was paid to me as my consultancy fee and payment for properties as follows: (1) One three property in Miatama and (2) two in central area Abuja, (3) Three properties in Lagos in Ikoyi, Lekki and Victoria Garden City VGC (4) A commercial Property Shopping Mall in Dubai, UAE and residential property also in Dubai UAE.

“The people in the meeting I can remember there were eleven – 11- White people in Shell, while ENI was represented by about five – 5 – white men. The Attorney General and Permanent Secretary/ Solicitor General by name of Abba Yola.”

http://saharareporters.com/2022/02/07/malabu-fraud-nigeria%E2%80%99s-ex-petroleum-minister-dan-etetes-ally-admits-receiving-400million

CHOCHOCHOCHO....So thats how this Alhaji take blow with that his eye-catching Mansion in Abuja..Its not even from retailing Petrol in Filling Stations like we thought.

" Anti-corruption investigators and activists suspect he fronted for top officials of the Goodluck Jonathan administration as well of officials of Shell and ENI.

we sat down and agreed that I should take this matter and discuss with the then President Dr Goodluck Ebele Jonathan and I would act as a consultant.
“This we all agreed then I went to the President and I had a meeting with him which he would see how he would resolve this matter for the interest of Nigeria and the interest of everybody, then it was agreed I would be paid a consultancy fee "

As at that time ,Mr Etete was reportedly an ex-convict and how they all pretended not to know is unbelievable. Thank God the Milan Court is dealing with them all and not buying the bunkum that they are not aware of the criminal record of Mr Etete.

The worst part is that HE GEJ approved that only $210M of $1.092.040.000 would be deducted to pay signature Bonus to the Federal Government while the others were stolen.


This is likely the source of the fresh mint dollars being corruptly shared during the 2015 Presidential election build up yet FG workers and civil servants of about 30 states of the federation were owing workers salaries for up to 9 months while some of the workers and pensioners were dying from hunger.

That HE GEJ tenure was the era of the locust years.

Everywhere in the FG administration was messed up, from bomb blast every independence day to fuel scarcity that make people sleep at fuel station on Christmas days and even the Nigerian map was not spared, we already lost a large portion of Borno state to Boko Haram and Mr Henry Okah,a.k.a Jomo Gbomo ,was doing his own while Tompolo,an oil pipeline vandal kingpin was handed the contract of securing our sovereign water ways!! Wow!!!

All the enemies of Nigeria will lose las las. They always lose. God bless Nigeria forever.

FreeStuffsNG:
Anti-corruption investigators and activists suspect he fronted for top officials of the Goodluck Jonathan administration as well of officials of Shell and ENI.

we sat down and agreed that I should take this matter and discuss with the then President Dr Goodluck Ebele Jonathan and I would act as a consultant.
“This we all agreed then I went to the President and I had a meeting with him which he would see how he would resolve this matter for the interest of Nigeria and the interest of everybody, then it was agreed I would be paid a consultancy fee

As at that time ,Mr Etete was reportedly an ex-convict and how they all pretended not to know is unbelievable. Thank God the Milan Court is dealing with them all and not buying the bunkum that they are not aware of the criminal record 9f Mr Etete.

The worst part is that HE GEJ approved that only $210M of $1.092.040.000 would be deducted to pay signature Bonus to the Federal Government while the others were stolen.


This is likely the source of the fresh mint dollars being shared during the 2015 election build up yet FG workers and about 30 states of the federation were owing workers salaries for up to 9 months with some of the workers and pensioners dying from hunger.

That HE GEJ tenure was the era of the locust years. Everywhere was messed up, from bomb blast every independence day to fuel scarcity that make people sleep at fuel station on Christmas days and even the Nigerian map was not spared, we already lost a large portion of Borno state to Boko Haram and Mr Henry Okah,a.k.a Jomo Gbomo ,was doing his own while Tompolo,an oil pipeline vandal kingpin was handed the contract of securing our sovereign water ways!! Wow!!!

All the enemies of Nigeria will lose las las. They always lose. God bless Nigeria forever.

Are ex - members of his Government and party not part of your preferred party today.

Leave your online talk, if the crop of people you currently support remain at helm of affairs, then the only direction Nigeria can go is downward. And that is the case today.

Nigeria 2022 is worse than Nigeria 2015. Facts. More woes anticipated. Argue with yourself.

chigator2:


Are ex - members of his Government and party not part of your preferred party today.

Leave your online talk, if the crop of people you currently support remain at helm of affairs, then the only direction Nigeria can go is downward. And that is the case today.

Nigeria 2022 is worse than Nigeria 2015. Facts. More woes anticipated. Argue with yourself.

Please kindly remind me, just in case I forgot.
To assist you, I am from Lagos and we have never elected PDP since 1999 so please let me be very very clear that I do not have anyone of our political leaders in Lagos in the era of the locust years, in fact, Lagos was 100% in opposition. I don't know if you are mixing up other states with us in Lagos or the SW

Now let's go through the current leaders I support and correct me if anyone of these people were part of the corrupt administration of HE GEJ sir.

Was PMB part of the corrupt administration of HE GEJ?

Was Asiwaju Tinubu part of the corrupt administration of HE GEJ?


Was Professor Osibanjo part of the corrupt administration of HE GEJ?


Was Senator Ahmad Lawan part of the corrupt administration of HE GEJ?

Was Hon Gbajabiamila part of the corrupt administration of HE GEJ?


Was Hon Mr Justice Ibrahim Tanko Muhammad CFR, the current Chief Justice part of the corrupt administration of HE GEJ?

Was HE Babatunde Fashola part of the corrupt administration of HE GEJ?


Was HE Babajide Sanwo-Olu part of the corrupt administration of HE GEJ?


Was HE Dapo Abiodun part of the corrupt administration of HE GEJ?


Was HE Seyi Makinde part of the corrupt administration of HE GEJ?


Was HE Oyetola part of the corrupt administration of HE GEJ?


Was HE Fayemi part of the corrupt administration of HE GEJ?


Was HE Akeredolu part of the corrupt administration of HE GEJ?



Please remind me which of the critical section or arm of the current administration is headed by a member of the corrupt administration of HE GEJ?


The only person who survived was then newly appointed Mr Godwin Emefiele who was retained because he had not been tainted with the huge corruption of that administration when snakes swallow up money too.

I am not in support of anyone who was part of the corrupt administration of HE GEJ sir.

Oh mannnnnn!

Is that a crime to collect consultation fee?

What was he consulting.........


This Nigeria is on cruise......... When una reach space station, I go drop......

To think these guys are still walking freely in Nigeria is demoralizing.

Aboki dey consult for Niger delta oil.

Na so Malami dey consult for Abacha loot.

Jonathan was a docile stooge.

Nigerians are fond of saying "na who dem catch nahim be thief". This PDP government and what they did will reverberate in the annals of corruption for a long time.

sholatech:
CHOCHOCHOCHO....So thats how this Alhaji take blow with that his eye-catching Mansion in Abuja..Its not even from retailing Petrol in Filling Stations like we thought.

You only know one Mansion.

He has several.

I know of 4 huge edifices in Maitama alone.

One was being occupied by the U.S Ambassador.

You would never know he was having such dough. He rode a RAV-4 and had a limited wardrobe of mostly white and blue kaftans.

I remember him as one seriously coded guy from my days in Abuja.

They were working for Jonathan the ineffectual buffon

C kettle the call pot black

headSmasher:
They were working for Jonathan the ineffectual buffon

He got big from the Abacha years, Sir.

He was used because of his contacts. The bigger thieves got even more loot, but they are not even being looked at because they are politicians.

See hight of corruption

FreeStuffsNG:


Please kindly remind me, just in case I forgot.
To assist you, I am from Lagos and we have never elected PDP since 1999 so please let me be very very clear that I do not have anyone of our political leaders in Lagos in the era of the locust years, in fact, Lagos was 100% in opposition. I don't know if you are mixing up other states with us in Lagos or the SW

Now let's go through the current leaders I support and correct me if anyone of these people were part of the corrupt administration of HE GEJ sir.

Was PMB part of the corrupt administration of HE GEJ?

Was Asiwaju Tinubu part of the corrupt administration of HE GEJ?


Was Professor Osibanjo part of the corrupt administration of HE GEJ?


Was Senator Ahmad Lawan part of the corrupt administration of HE GEJ?

Was Hon Gbajabiamila part of the corrupt administration of HE GEJ?


Was Hon Mr Justice Ibrahim Tanko Muhammad CFR, the current Chief Justice part of the corrupt administration of HE GEJ?

Was HE Babatunde Fashola part of the corrupt administration of HE GEJ?


Was HE Babajide Sanwo-Olu part of the corrupt administration of HE GEJ?


Was HE Dapo Abiodun part of the corrupt administration of HE GEJ?


Was HE Seyi Makinde part of the corrupt administration of HE GEJ?


Was HE Oyetola part of the corrupt administration of HE GEJ?


Was HE Fayemi part of the corrupt administration of HE GEJ?


Was HE Akeredolu part of the corrupt administration of HE GEJ?



Please remind me which of the critical section or arm of the current administration is headed by a member of the corrupt administration of HE GEJ?


The only person who survived was then newly appointed Mr Godwin Emefiele who was retained because he had not been tainted with the huge corruption of that administration when snakes swallow up money too.

I am not in support of anyone who was part of the corrupt administration of HE GEJ sir.

Ex PDP members that helped to bring the APC into power abound.

Now you support the APC and may I ask, I'd Nigeria today better than it was in 2014?

Are you, members of your family and extended family better off today than back then?

Can you explain how Buharis son had money to buy that motor bike? Or how the bullion vans came about?

Nigerian politicians are all made of the same clothe. This administration has worsened the plight of Nigerians, due to their ineptitude and nepotism.
When responding, please start with the price of petrol and the promise of this administration to build refineries when they were campaigning.

Getting almost 40% as consultancy fee. That’s too much. People just keep ruining this country.

See how southern criminals and Christians (Goodluck Jonathan and Dan Etete) neatly struck a deal with a Muslim northerner to rake in over a billion dollars. And this is just one deal - there were many others perpetrated by and under the watch of Goodluck Jonathan, including monumental heists using his wife, madam piss.

These people have stolen away our future. No hope whatsoever.

/
Goodluck Jonathan is still some people's hero.


Buhari is not punishing Nigerians enough. I wish he could tighten the knot more until they grow sense.

/

This is why the average abokki will rather die than hear restructure or Biafra.
Imagine an abokki who has never seen a swamp talk more of oil well pocketing $400m as consultancy fees.

One of the fuel subsidy thieves.

Evil

Yahoo yahoo government

Aboki no dey run small children street or do borrow pose to relax.

Na them be the real coded 419 for this country, even yahoo plus na apprentice for where Abuja biro and paper money dey relax.

if you won chop frog, chop better big frog so that when EFCC see your opolo eyes, them go relax.

Make me sef relax. Aboki no dey run small children street or do borrow pose to relax.

Na them be the real coded 419 for this country, even yahoo plus na apprentice for where Abuja biro and paper money dey relax.

if you won chop frog, chop better big frog so that when EFCC see your opolo eyes, them go relax.

Make me sef relax.

The exact reason why I never salute or envy any rich person in Nigeria. 99% of the wealth of rich people in Nigeria could be traced to some illicit means typically rooted in corruption. Typically money meant for the commonwealth shared amongst the select few. In a sane country, they will be cooling off in a cell doing hard time or in China, they would be getting ready to meet their maker. In this jungle called Nigeria, they will be roaming around free in the face of mounting evidence. And we all know Nigeria is not serious with corruption, institute the same Chinese law, make a few examples, confiscate and forfeit assets in light of evidence and sharp, sharp Nigeria will realize its potential in no time.

If only Nigerians know why Jonathan established good relationship with Buhari, the man they so much hate, they will not want to set their eyes on Jonathan except he is behind bars. A lot have been covered for the sake of what they call national interest

Jeezuzpick:


You only know one Mansion.

He has several.

I know of 4 huge edifices in Maitama alone.

One was being occupied by the U.S Ambassador.

You would never know he was having such dough. He rode a RAV-4 and had a limited wardrobe of mostly white and blue kaftans.

I remember him as one seriously coded guy from my days in Abuja.

Lobbyists/Fronts are many in Abuja. That's their job, sleep at home all day, go out in the evenings or meetings, phone calls for hours non stop. Cash out

Sad.