Skip to content
August 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Adoke insists Obasanjo, Yar’Adua, Jonathan Endorsed Malabu Agreement; accuses EFCC of bias
  • National News

Adoke insists Obasanjo, Yar’Adua, Jonathan Endorsed Malabu Agreement; accuses EFCC of bias

Admin March 13, 2017

The former Minister of Justice and Attorney General of the Federation, Mohammed Bello Adoke (SAN) has insisted that the controversial Malabu oil Block Agreement was endorsed by the previous administrations of Presidents Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan.

In an official letter written to his successor and the current Justice Minister, Abubakar Malami (SAN), Adoke, said  “I believe it is your responsibility to explain to the public who are being sold a fiction that the transaction started from President Olusegun Obasanjo, GCFR under whose administration the Terms of Settlement were brokered with Chief Bayo Ojo, SAN, as the then Attorney General who executed the Terms of Settlement before the tenure of President Goodluck Ebele Jonathan, GCFR who approved the final implementation of the Terms of Settlement and my humble self who executed the resolution agreements. This is more so as the Settlement and its implementation were situated in the Federal Ministry of Justice.

“Honourable Attorney General of the Federation, your response is crucial because it has become glaring that the actions of the Economic and Financial Crimes Commission (EFCC) in respect of the transaction are not in the national interest; but rather in furtherance of a plot to serve the interests of some powerful families and individuals who are aggrieved by my refusal to accede to their requests to compel Malabu to pay them certain sums from the proceeds of its divestment in OPL 245, and the subsequent re-allocation of the Block to Shell/ENI. You will recall that I had on several occasions asserted this fact. I am therefore surprised that a national institution is being used to further the interest of individuals whose claim or shareholding in Malabu remains shady and prefer to engage proxies to fight their battles.”

On the recent filed charges by anti-corruption agency against him and others, Adoke stated that “recent actions of the Economic and Financial Crimes Commission (EFCC) to impugn the settlement which was done in the national interest particularly their penchant to suppress facts relating to the transaction and the filing of criminal charges against me for conspiracy/ aiding the commission of Money Laundering offence and the latest allegations of bribe taking reveal very clearly that either your Office and that of the EFCC are not working in harmony or that something sinister is going on.

“Having given you the benefit of the doubt that you would not sponsor deliberate falsehood against me, my suspicion is that there is an orchestrated plot by the EFCC to: deliberately impugn a transaction that has been scrutinized and approved by at least three past Presidents and three Attorneys General; drag my name in the mud and paint me with the tar of corruption in order to attract public odium.”

Adoke also advised the Justice Minister that “As the Chief Law Officer of the Federation, you have a public duty to speak on this matter so that Nigerians would know whether I acted mala fide or abused my office in the entire transaction leading to the final implementation of the Settlement. Nigerians need to know whether your predecessors in office from 2006 to May 2015 acted in the  national interest when they brokered and implemented the Settlement.

“It will also be instructive for Nigerians to know whether your predecessors were carrying out their personal agenda or that their respective actions were carried out with the knowledge and approval of their respective Principals.

Adoke said “if you find that I had breached my Oath of Office or abused my office, please do not hesitate to bring me to justice. However, if it is the contrary, as I strongly believe, that certain individuals who had vowed to even scores with me are now being aided by state institutions such as the EFCC; I deserve protection from these unwarranted attacks and dehumanising treatment that I am being subjected to merely because I chose to serve my fatherland.”

It would be recalled that the EFCC has filed charges against the ex-minister and some former officials over the Malabu oil deal.

The controversial Malabu oil deal has become a subject of global scrutiny being investigated in at least three countries namely France, Italy and Nigeria.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous Naira Appreciates as CBN Plans to Pump More Dollar into FX Market
Next Soccer round up: Plateau United, Rivers United win big; Madrid beat Sevilla in Spain, Barcelona shocked

Related Stories

Troops rescue 9 kidnap victims, arrest 20 suspected criminals
  • National News

Troops rescue 9 kidnap victims, arrest 20 suspected criminals

August 14, 2026
Again, Nigeria, US meet to strengthen counter-terrorism collaboration
  • National News

Again, Nigeria, US meet to strengthen counter-terrorism collaboration

August 14, 2026
Remembering Samuel Okwaraji: A Tale of Patriotism as Nigerian Football Searches for Its Lost Soul
  • National News

Remembering Samuel Okwaraji: A Tale of Patriotism as Nigerian Football Searches for Its Lost Soul

August 13, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Oborevwori’s aides want to assassinate me: Omo-Agege cries out
  • Politics

Oborevwori’s aides want to assassinate me: Omo-Agege cries out

August 14, 2026
Tinubu got it all wrong; all can’t be fair in politics, by Nduka Uzuakpundu
  • Commentaries

Tinubu got it all wrong; all can’t be fair in politics, by Nduka Uzuakpundu

August 14, 2026
Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing for now
  • Business & Economy

Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing for now

August 14, 2026
Troops rescue 9 kidnap victims, arrest 20 suspected criminals
  • National News

Troops rescue 9 kidnap victims, arrest 20 suspected criminals

August 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.