UPDATE: Court Orders Arrest Of Ex-Petroleum Minister—Etete Over Malabu Oil Scam
Justice Idris Kutigi has ordered the arrest of former Minister of Petroleum, Dan Etete over his suspected involvement in the Malabu Oil scam.
The Economic and Financial Crimes Commission (EFCC) alleged that Etete and two other confidants played roles in the fraudulent allocation of the lucrative Oil Processing Licence 245 to Malabu Oil and Gas Limited in 1998.
The anti-graft agency named Etete, Seidougha, and Amaran as role players in the alleged fraudulent Malabu Oil transactions recently filed against the immediate-past Attorney-General of the Federation, Mohammed Adoke (SAN), and six others.
Earlier, ElombahNews reported that the High Court of the Federal Capital Territory in Abuja, on Thursday granted bail to a former AGF, Mr. Mohammed Adoke (SAN), and two of his case mates who are being prosecuted over their alleged involvement in the controversial Malabu Oil scam.
Adoke and his co-accused pleaded not guilty to the charges and were granted bail by Justice Kutigi earlier on Thursday.
In the latest development, the Prosecutor, Bala Sanga, in an ex parte application asked the court to order Etete’s arrest, saying that his arrest arrest will help to reveal the truth about the Malabu oil deal.
The judge, while granting the request, ordered the Inspector General of Police (IGP) to arrest the former Minister and Bring him to the court.