Home News Alleged Malabu oil deal : Fresh applications stall ruling
Alleged Malabu oil deal : Fresh applications stall ruling

Alleged Malabu oil deal : Fresh applications stall ruling


Image result for malabu oil dealThe scheduled ruling in two separate applications filed by Agip Exploration and shell, at the Federal High court in Abuja, has been stalled.

This is due to fresh applications, filed by both parties in the suit.

Both parties had sought the order of the court to discharge the order of forfeiture it granted the EFCC, over the Malabu oil deal.

The Presiding judge, Justice John Tsoho, had on 26th January, granted an interim forfeiture Order to the EFCC, pending investigation and prosecution of suspects in the alleged 1.1 billion dollars Malabu oil scam.

Agip Exploration limited and shell, had asked the judge to discharge the order he made in favour of the Federal Government, on the grounds that they were not given fair hearing.

Justice Tsoho had fixed march 13th for ruling, that was however stalled, as the EFCC and Malabu Oil and gas limited, filed fresh applications, through their counsels.

The application filed by Malabu oil and gas limited, is seeking for it to be joined as a party in the suit.

But Shell and Agip,  oppose to the application, on the grounds that it is a ploy to stop the ruling of the court.

The EFCC, on the other hand,  is seeking the leave of the court to introduce the charges and proof of evidence, it filed against the suspects.

The case has been adjourned to17th March for ruling on all the applications.

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