Court orders return of OPL 245 back to Shell, Eni
An Abuja Federal High Court has reversed its order revoking the oil block, OPL 245, from Shell Nigeria Limited and Eni.
Recall that the Economic and Financial Crimes Commission, EFCC, had had dragged Shell, Eni, former Petroleum Minister, Dan Etete, Mohammed Adoke, former attorney-general, and a businessman, Aliyu Abubakar, before the court over alleged fraud.
CONTINUE READING THIS ARTICLE BELOW AFTER THESE IMPORTANT NOTICES
Log in to primsol.lawpavilion.com and store.lawpavilion.com to enjoy the best E-journals, textbooks, and many more. For further enquiries/assistance, send an email to customercare@lawpavilion.com or call 08050298729
Against this backdrop, EFCC had on January 26, got an order for the forfeiture of the oil block, OPL 245 by Shell and Eni, which is considered as the largest oil block in Nigeria.
The oil companies were alleged to have fraudulently acquired the block in 1998 but the money was never remitted to the government
The anti-graft agency had prayed the court to temporarily return the oil well to the government while it continued its investigation.
Displeased by the order, both Shell and Eni had filed an application seeking to vacate the order.
The trial judge, Justice John Tsoho, on Monday, had adjourned the case to Friday after Malabu Oil and Gas filed an application to join the matter.
During today’s resumed trial, Justice Tsoho reversed his order and it also refused the application of Malabu oil and gas to join the matter.
dailypost.ng
FOR SUPPORT TO BARRISTERNG BLOG, DONATE TO: 1. NAIRA ACCOUNT: 1023046978 - UBA 2. USD ACCOUNT: 5090743566 - FIDELITY BANK PLC
Call Bridget Edokwe Esq on 08060798767 or send your articles to barristerngblog@gmail.com
A Must-Have for Every Lawyer: Order Justice Alaba Omolaye-Ajileye’s Latest Books on Electronic Evidence Today: To order your copies, click the link below and order directly from the author:
https://velvety-cendol-7387ed.netlify.app/
SHOP NOW
The Price is 10k for Hard Copy less freight and 5k for E- Book copy in the Store of the Website. https://buokorie.com/store/ To access the hard copy, Call - 07087622283
