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$1.2bn Malabu Scam: Former Attorney General, Bayo Ojo Quizzed by EFCC for Hours

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Former Nigerian Attorney General, Bayo Ojo
A former Nigerian Attorney General, Bayo Ojo
(SAN) was a guest of investigators at the Economic
and Financial Crimes Commission (EFCC) for several
hours. Mr. Ojo was quizzed for several hours to
explain his role in the $1.2 billion Malabu oil deal
involving several officials of the former President
Goodluck Jonathan.

Investigators in the United States working with their
counterpart in Italy have revealed that at least $10
million was paid to Bayo Ojo from the proceeds of the
illegal deal.

Former President Jonathan has been a major suspect in
the deal, Italian investigators revealed at a Southwark
Crown Court hearing in London that Mr. Jonathan
was known as “Fortunato” in a series of distribution
of the bribe money through a prominent businessman,
Alhaji A. A Aliyu popularly known as “AAA oil”.

Dan Etete reportedly distributed over $500million
through Mr. Aliyu who then passed parts of the
proceeds to Mr. Jonathan.

The immediate past Attorney General of the
Federation, Mohammed Bello Adoke has escaped from
Nigeria but remains wanted by the EFCC to explain
his role in the Malabu transaction.

The post $1.2bn Malabu Scam: Former Attorney General, Bayo Ojo Quizzed by EFCC for Hours appeared first on Nggurz.Com || Selling Africa To The World.


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