Malabu Oil Scam: How Adoke, Etete, Shell, Agip defrauded govt – EFCC

The OPL 245, an oil field believed to be the largest in Africa with over nine billion barrels of crude, was said to have been fraudulently acquired from the Federal Government by Malabu Oil and Gas Limited in 1998 and afterwards offered to oil giants, Shell and Agip, in a shady shady deal. More »