Tag: AGF Adoke

OPL 245: Tinubu ends 15yr dispute, unlocks major deepwater investment

Aminu Imam
Tinubu ends OPL dispute

…As ex-AGF Adoke seeks apology President Bola Ahmed Tinubu has announced the successful resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245, bringing to a close more than 15 years of legal and political wrangling surrounding one of Nigeria’s most valuable deepwater oil assets. The settlement agreement between the Federal Government, Italian energy giant Eni, and Nigerian Agip Exploration Limited (NAEL) was finalised during a meeting at the Presidential Villa in Abuja attended by Eni’s Chief Executive Officer, Claudio Descalzi, alongside senior company executives and top Nigerian officials.…

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Court discharges, acquits ex-AGF Adoke of money laundering

Aminu Imam
Ex AGF Adoke

…“Ive been vindicated” – Ex-AGF An Abuja Federal High Court has discharged and acquitted a former Attorney-General of the Federation, AGF, Mohammed Bello Adoke, of money laundering charges. Justice Inyang Ekwo of the Federal High Court, Abuja, upheld Adoke’s “no case” submission against the money laundering charges against him. In 2017, the Economic and Financial Crimes Commission, EFCC, had dragged Adoke and Abubakar Aliyu, a property developer, to court for allegedly laundering about N300 million. While the EFCC admitted before Ekwo that it was a mortgage that Adoke took from…

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Alleged N109bn Fraud: Court remands Ex-AGF Idris in prison

Aminu Imam

The Federal Capital Territory (FCT) High Court, Abuja, remanded the suspended Accountant-General of the Federation, Ahmed Idris and his co-defendants: Godfrey Olusegun Akindele, Mohammed Kudu Usman, in prison pending the determination of their bail applications. The trio were arraigned alongside a company, Gezawa Commodity Market and Exchange Ltd, on a 14-count charge bordering on gratification, abuse of office and money laundering to the tune of over N109 billion fraud. The presiding judge, Justice Adeyemi Ajayi, ordered that Idris and his co-defendants be kept in Kuje pending the hearing of their…

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Alleged Money Laundering: EFCC files amended charges against ex- AGF Adoke

Ishaku Yohanna

The Economic and Financial Crimes Commission (EFCC) has filed an additional seven charges against a former Attorney-General of the Federation, Mohammed Adoke, over money laundering allegations involving about N400 million. The trial of the ex-AGF who was re-arraigned alongside an Abuja-based businessman, Aliyu Abubakar, before Justice Inyang Ekwo of the Federal High Court in Abuja on June 17, 2020, was expected to begin on Monday, but it was stalled due to the amended charges. The initial charge contained seven counts, with six of them relating to Adoke. At the resumed…

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