Nigeria to Lose $4.5 Billion in Malabu Oil Deal .…As EFCC Receives Document from Experts

The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has given assurances that the Commission is revving up its investigations into the Malabu Oil Scandal, and those complicit will be prosecuted. Magu gave the assurance while receiving some documents from the President, Resource for Development Consulting, Dr. Don Hubert, on November 29, 2018 at the EFCC Headquarters, Abuja. Hubert, an extractive industries analyst, analyzed the terms and conditions for the sale of the controversial Oil Prospecting Lease, OPL 245, otherwise known as Malabu Oil Block, to Shell and

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Source	EFCC
Collection	Anti-corruption and elections
Kind	Document
Publisher	Economic and Financial Crimes Commission (EFCC)
Date	2018-11-30
Type	press-release
Found at	https://www.efcc.gov.ng/news/nigeria-to-lose-4-5-billion-in-malabu-oil-deal-as-efcc-receives-document-from-experts
Archived copy	Look it up in the Wayback Machine
Record ID	`efcc:news:6258`

Cite this record

Nigeria to Lose $4.5 Billion in Malabu Oil Deal .…As EFCC Receives Document from Experts. EFCC, 2018. Vero Archive, record efcc:news:6258.