✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

APC ask Jonathan to speak on Malabu oil scam

The party made its position known in a statement issued in Lagos yesterday by its National Publicity Secretary, Lai Mohammed.The APC said President Jonathan must…

The party made its position known in a statement issued in Lagos yesterday by its National Publicity Secretary, Lai Mohammed.
The APC said President Jonathan must end his silence on the matter since half of the $1.1 billion paid to Malabu Oil and gas for oil field OPL 245 by two oil majors was allegedly used to bribe Nigerian officials, who in turn used the proceeds to buy private jets and armoured limousines.
It said since the deal to pay Malabu the huge funds was brokered and defended by the Jonathan administration, it stands to reason that officials of the administration will know one or two things, and perhaps are part and parcel, of the whole scandal.
According to the statement just like the Halliburton and Siemens bribery scandals that were also exposed from abroad, the Malabu scandal has again damaged Nigeria’s standing in the comity of nations.
The party said Nigeria has never had it as bad, in terms of corruption which it said has cost the nation billions of dollars that would have gone into national development, as it is having under the Jonathan administration.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

Do you need your monthly pay in US Dollars? Acquire premium domains for as low as $1500 and have it resold for as much as $17,000 (₦27 million).


Click here to see how Nigerians are making it.