August 14, 2018

$1.8bn Malabu deal: Adoke not liable, says court (Punch)

$1.8bn Malabu deal: Adoke not liable, says court (Punch)

The Federal High Court in Abuja on Friday held that the immediate-past Minister of Justice and Attorney General of the Federation, Mr. Mohammed Adoke (SAN), could not be held liable for his roles in the Oil Processing Licence 245 transactions, commonly referred to as the Malabu deal.

Delivering the judgment in the suit filed by Adoke against the incumbent AGF, Mr. Abubakar Malami (SAN), Justice Binta Nyako, held that since Adoke only executed the lawful directives/approvals of the then President Goodluck Jonathan, the former minister was free of any liability for his roles in the deal. The Economic and Financial Crimes Commission had charged Adoke with various offences involving his alleged roles in the transactions in which Nigeria was said to have been defrauded of about $1.8bn. Read more

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