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Royal Dutch Shell: How Nigeria’s Ex-Attorney General Bayo Ojo Received $10 Million From Malabu Largesse

Royal Dutch Shell: How Nigeria’s Ex-Attorney General Bayo Ojo Received $10 Million From Malabu Largesse

Extracts from an article published by Premium Times on 5 October 2021

Christopher Bayo Ojo, who between June 2005 and May 2007 was Nigeria’s Attorney General and Minister of Justice, received $10.026 million from the infamous Malabu OPL 245 share-outs, a payment investigators said was a “bribe” for his earlier controversial decision to reassign the lucrative oil block to Dan Etete, Nigeria’s former petroleum minister.

The final “settlement agreement” was later implemented by President Goodluck Jonathan and his cabinet members, namely Mohammed Adoke (attorney general), Diezani Alison-Madueke( petroleum minister) and Aliyu Gusau (National Security Adviser).

It involved Shell and Eni taking over the contentious block after paying $1.2 billion to Malabu through the Jonathan government which claimed it acted as a mediator.

Vincenzo Armanna, a former Eni manager, received $1.2 million in his current account domiciled at the Banca Popolare di Bergamo on May 8, 2012 at the behest of Mr Ojo from Oceanic Bank International (Nigeria) Limited with the description: “Giuseppe Armanna Inheritance”, it also says.

Copyright Premium Times. Distributed by AllAfrica Global Media (allAfrica.com)

FULL ARTICLE

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