New lawsuit revives billion-dollar Nigeria oil scandalDecember 21, 2016 - 17:57 AMT PanARMENIAN.Net - Nigeria's anti-corruption agency is reviving a five-year-old scandal involving one of Africa's richest oil blocs, in which a former petroleum minister and his allies allegedly made $1.1 billion and the state oil company $210 million, The Associated Press reports. The agency filed suit this week charging former petroleum minister Dan Etete, former justice minister Mohammed Adoke and businessman Aliyu Abubakar with fraud and money laundering of hundreds of millions of dollars in the sale of Malibu OPL 245 bloc. The lawsuit says the money was transferred from a Nigerian escrow account at the London branch of JPMorgan Chase. The money was proceeds of a deal brokered by Adoke in 2011 to resolve an ownership dispute involving British-Dutch oil multinational Shell, Italian Agip, Etete's Malabu Oil, Abubakar's Rocky Top Resources and Nigeria's state oil company. Related links: Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |