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OPL 245: Canadian judge okays Nigeria’s seizure of Etete’s jet

EXCLUSIVE: Malabu Scandal: Canadian judge okays Nigeria’s seizure of Etete’s jet

A Canadian judge has confirmed the seizure and grounding of a luxury private jet purchased by a former Nigerian oil minister, Dan Etete, with some of the alleged proceeds of the controversial $1.3 billion Malabu OPL 245 oil deal.

The judge, Martin Castonguay, ruled that the plane, which landed in Montreal on May 29, must remain there. He also agreed with the claims put forward by the attorney to the Federal Republic of Nigeria over the seizure and grounding of the plane.

On June 6, PREMIUM TIMES reported how Nigeria tracked down the luxury private jet.

Asset recovery lawyers acting for the Nigerian government swooped after the Bombardier 6000 jet, tail number M-MYNA, soon after it touched down at Montréal-Trudeau International Airport in Canada on the evening of May 29.

At the time, it had just flown from Dubai via Shannon Airport in the west of Ireland.

Scandal

The Malabu OPL245 scandal is subject to a corruption trial in Italy, where Mr Etete is an accused, together with alleged middlemen, Eni and Shell, and several of their executives.

All parties in the Milan trial have denied the charges against them.

The Nigerian authorities have also charged Mr Etete and several others linked to Malabu with money laundering in connection with the onward flow of funds from the OPL245 deal.

FULL ARTICLE

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