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House Of Reps Cancel $1.1bn Malabu Oil Deal

Daily Times of Nigeria article by Ugochukwu Onyeocha: 19 Feb 2014

Screen Shot 2014-02-19 at 13.29.32The Nigerian House of Representatives on Tuesday in Abuja, ordered the immediate cancellation of the fraudulent sale of a lucrative oil bloc OPL 245 to oil firms, Shell and Agip, in a shady deal facilitated with the payment of $1.1 billion (about N165 billion) to a convicted former petroleum minister, Dan Etete.

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