Posts Tagged ‘Dan Etete’

Nigeria Seizes $57m Private Jet Belonging To Dan Etete, Alleged To Have Been Bought With Looted Oil Money

The investigation into allegations of corruption and money laundering against Nigeria’s former Minister of Petroleum, Dan Etete has taken a new turn with the tracking and grounding of a private jet which was traced to the former minister. The jet is believed to have been purchased for 57 million dollars in 2011 as part of […]

BREAKING!! Malabu oil scam: Court issues arrest warrant against Dan Etete, two others

The High Court of the Federal Capital Territory in Gwagwalada, Abuja, has ordered the arrest of a former Minister of Petroleum, Dauzia Loyal Etete, better known as Dan Etete, in connection with the Malabu Oil scam. Justice Abubakar Kutigi ordered the arrest of Etete along with Munamuna Seidougha, and Jospeph Amara, Breaking Times reports. This […]

MALABU SCANDAL: Jonathan’s bodyguard’s identity generates confusion in Italian Court

The identity of an alleged security aide to a former Nigerian President, Goodluck Jonathan, generated ripples at an Italian Court on Wednesday as hearing resumed on the controversial Malabu oil deal. Victor Nwafor – said to be a security aide of Mr Jonathan – was alleged to have informed a former manager of Eni and […]

FG’s Incompetence Stalls Recovery of Dan Etete’s $85m Loot

The United Kingdom has stated that its waiting for Nigeria to to initiate proceedings to claim a sum $85 million  recovered from a former petroleum minister, Dan Etete. The UK Authorities stated that the Federal government’s failure to send a proceeds-of-crime submission to the judge of a UK court is stalling the recovery of the money […]

EXCLUSIVE| President Buhari Reopens Controversial OPL 245 / $1.1 Billion Malabu Oil Deal

Preliminary Investigations by BREAKINGTIMES indicates that the President Muhammadu Buhari led administration has reopened the controversial $1.1 Billion Malabu Oil Deal also known as Oil Prospecting Licence 245. Our source reports that President Muhammadu Buhari has sent investigators after the beneficiaries of the US$1.1 billion transferred to Dan Etete and his business associates under the Goodluck Jonathan administration. Oil Prospecting Licence (OPL) […]