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Malibu oil scandal dan etetes family

          In a fresh twist to the entire Malabu Oil saga, the Abacha family suddenly emerged from behind the clouds to lay claim to the ownership of....

          Former oil minister, who was convicted for money laundering in France, Dan Etete, owns Malabu Oil and Gas. The company was incorporated five.

        1. Former oil minister, who was convicted for money laundering in France, Dan Etete, owns Malabu Oil and Gas. The company was incorporated five.
        2. Oil company $ million.
        3. In a fresh twist to the entire Malabu Oil saga, the Abacha family suddenly emerged from behind the clouds to lay claim to the ownership of.
        4. ETETE Dan, born in Odi (Nigeria) on ; free, not attending, with.
        5. “Now that it has been confirmed that Dan Etete, a convicted criminal, was also on the table during the discussion of Malabu Oil deal,” he said.

          6. The Malabu scandal

          In 1988 during the regime of Sani Abacha, Malabu oil and gas limited, which was co-owned by the then petroleum minister, Dan Etete, was awarded the OPL 245. After Abacha’s death, the legal battle between Malabu and Shell (the appointed technical adviser) began, uncovering a scandalous and messy tale of corruption and greed that is now known as the Malabu scandal.

          The true basis of morality is utility; that is, “the adaptation of our actions to the promotion of the general welfare and happiness; the endeavour so to rule our lives that we may serve and bless mankind.” That quote purported by Annie Besant, sums the quintessential truth as to what an ideal society and its leaders should aspire towards, a society devoid of the nuances of corruption.

          Corruption is a cancer, one that eats away at a citizen’s faith in democracy, diminishes the instinct for innovation and creativity. It wastes the talent of entire generations. The Malabu Scandal has evolved fr