$1.09b oil deal: Court extends Adoke’s detention - The Nation Newspaper

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$1.09b oil deal: Court extends Adoke’s detention

The anti-graft agency said the order was given by Justice A.O. Musa of the Federal Capital Territory High Court, Abuja, following its application.

The statement said: “In granting the application, the judge stated that the extension of the remand of the respondent for another 14 days for the purpose of his arraignment in court is necessary and granted as prayed.“The Commission took custody of Adoke on December 19, 2019, upon his arrival from Dubai, United Arab Emirates .

“It would be recalled that the government of former President Olusegun Obasanjo revoked the OPL 245, which the late General Sani Abacha granted Dan Etete, his then Petroleum Minister, and reassigned it to Shell Nigeria Exploration and Production Company, SNEPCO. “Investigations by the EFCC into the deal revealed crimes that border on conspiracy, forgery of bank documents, bribery, corruption and money laundering to the tune of over $1.

 

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