The BBC report on the Malabu oil deal that everyone is talking about (WATCH)

by Dolapo Adelana

The Malabu oil deal, one of the biggest scams perpetrated by state actors is one that may not leave our consciousness anytime soon.

Accusations and counter accusations have flown in from different quarters.

Three former presidents – Olusegun Obasanjo, Late Umaru Musa Yar’Adua and Goodluck Jonathan have all been linked to the deal.

[Read Also:] The Thread: Will Goodluck Jonathan walk free despite alleged coordinated looting in Malabu deal?

Oil companies, Shell and ENI claimed to have paid the Federal Government $1.3bn for oil bloc OPL 245, one of the most lucrative in the country.

But a recent report released by the British Broadcasting Corporation (BBC) has shown that despite denial by Jonathan, he may have received $200m as kickbacks in the deal.

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One comment

  1. LET THE LAW TAKE ITS COURSE!QED.

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cool good eh love2 cute confused notgood numb disgusting fail