The Economic and Financial Crimes Commission, EFCC boss Magu, had insisted that OPL 245 was awarded to Malabu Oil & Gas Ltd in 1998 by the late military dictator, General Sani Abacha, against regulations.
Former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Bello Adoke, has said he did not authorize the Malabu Oil deal, otherwise known OPL 245, but only conveyed the approval of then-President Goodluck Jonathan to all the parties involved in the transaction.
Adoke, who spoke in an interview with an online portal, said: “No, I did not authorize the transaction, I only conveyed the approval of the President to all the parties. Those are two different things. I did not authorize the transaction as I was not a signatory but only conveyed the president’s approval.”
Explaining the genesis of the transaction, Adoke said: “The Malabu issue has been in existence since 1998. I want to take it from 1998 because I have seen that in recent times, the EFCC has taken up interest in the matter with a view to persecuting me.
EFCC, in a motion, marked FHC/ABJ/CS/14/2017, told the court that investigations revealed that Malabu Oil & Gas Ltd and SPDC showed that current serving senators of the federation were involved on the fraud thereby releasing the list of serving senators to the high court.