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 Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. 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". Partner news | Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora To buy real estate, Diasporans can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. |