Ocnus.Net
News Before It's News
About us | Ocnus? |

Front Page 
 
 Africa
 
 Analyses
 
 Business
 
 Dark Side
 
 Defence & Arms
 
 Dysfunctions
 
 Editorial
 
 International
 
 Labour
 
 Light Side
 
 Research
Search

Africa Last Updated: Feb 11, 2019 - 12:08:29 PM


Bayo Ojo, Former AGF, Admits Receiving $10m 'Compensation' From Dan Etete For Malabu Deal
By Sahara 9/2/19
Feb 11, 2019 - 12:07:27 PM

Email this article
 Printer friendly page

Bayo Ojo (SAN), former Attorney-General and Minister of Justice, on Thursday admitted receiving a "compensation" of $10million from former Petroleum Minister Dan Etete for his work as a legal adviser in the sale of OPL 245.

Ojo made the admission in a passage of his examination in Milan in the ongoing trial of former top officials of Royal Dutch Shell and Italian Agip-Eni over the payment of $1.092billion to Etete, the former Minister who awarded himself the lucrative OPL 245 by willing it to Malabu Oil and Gas, a company he had earlier set up using a false identity. He was also convicted of money laundering in an unrelated case in France in 2007.


Source:Ocnus.net 2019

Top of Page

Africa
Latest Headlines
How glow of the historic accord between Ethiopia and Eritrea has faded
Mali: Chaos Fatigue
Zim hasnít paid airlines since January Ė Iata
Resistance and collaboration: Asameni and the keys to Christiansborg Castle in Accra
Angolaís state diamond company to be privatised
Nigeria: Breaking Badder
Kleptobrat Teddy Obiangís ludicrous supercar collection heads to Geneva auction
The Russian Connection: Putinís Perilous Plot to Reclaim Africa
Protests in the Gambia highlight tensions over Chinese investment in Africa
Airbase 201 In Africa