$875m Fraud: FG Granted Plea to Proceed With JPMorgan Chase Trial
A High Court in London headed by Justice Andrew Burrows has granted Nigeria’s plea to allow it proceed with the trial of  JPMorgan Chase. The bank is alleged to have enabled the misappropriation…
Malabu oil case: Nigerian lawyer steps down
There was a little twist in the tale when the trial of top executives from oil majors Eni (ENI.MI) and Shell (RDSa.L) over alleged corruption in Nigeria kicked off on…
Malabu oil deal: Court papers indict UK anti-money laundering agency
Banking giants, JP Morgan, has revealed that the UK anti-money laundering unit, Serious Organised Crime Agency (SOCA), gave authorisation for the transfer of $875 million to accounts linked to Dan…
Jitters in Nigeria as Swiss Govt blocks bank accounts over Malabu oil bribery case
The Office of the Attorney General of Switzerland (OAG) has blocked various bank accounts in Switzerland regarding an alleged oil bribery scheme linked to Nigeria. Executives from oil giants Shell…
Malabu Oil scam: Court adjourns case until April 23
The Federal High Court, Abuja, on Tuesday adjourned all three suit relating to the alleged Malabu Oil bribery deal until April 23. In one of the suits, the prosecution had…