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The Nigerian government seized a private plane purchased by Dan etete, the former oil minister, with some of the alleged revenue from the $ 1.3 billion Malabo oil deal. Nigerian lawyer Babatunde Ullabudi “Bodhi” Johnson confiscated to Finance confirmed that it had uncovered.

 Johnson said the request has been submitted to the owner of the plane, a company called Tibit Ltd, which has until Tuesday next week (June 9) to submit court papers opposing the takeover. 


Tibit Ltd is an anonymously owned company founded in the I British Island Virgin. He said that the government has been on its trial on the Bombardier 6000 jet with tail number M-MYNA since it landed at Montreal Trudeau International Airport in Canada on May 29. 

The media said that the Quebec judge agreed to the takeover order In the early hours of Saturday morning. The plane had just travelled from Dubai via Shannon Airport in western Ireland and it is not known if any passengers were on board.

 In 2011 the state has paid a total amount of $57m for the jet.

  It was said that the plane is part of an epic spending spree that Etete is said to have embarked on after receiving $ 336 million from the alleged OPL 245 deal. 

As Nigerian Minister of Petroleum in recent weeks of the late military regime of General Sani Abacha in 1998, Etete actually granted exploration rights In the OPL 245 block of a secretly controlled company, Malabu Oil and Gas.  After Abacha's death, Etete retained his rights as a private citizen until he discharged it to the oil giants, Shell and Eni in 2011, who jointly paid $ 1.3 billion to the Nigerian government. 


 Investigators claim that about $ 336 million then they moved to Etete through several bank accounts and that one of the first payments he paid, $ 54 million, was the main payment on this plane. 

Also in January, a Supreme Court in the Territory The Federal Capital of Gwagwalada issued a warrant arrest against Etete after a unilateral request by the Economic and Financial Crime Commission regarding the deal. 


In 2011, the Nigerian government brokered a deal between Malabu Oil and Gas Ltd, original holders of the highly talented OPL 245 but Controversial, Shell / Eni, Who wanted to buy the oil block from the company. 

While Shell and ENI paid a signature bonus of $ 210 million to the Nigerian government, they paid $ 1.1 billion to buy a 100 per cent stake in the oil block from Malabo. 

$ 1.3 billion entirely transferred to the Nigerian government account in London, United Kingdom, where Malabu was paid it's

$ 1.1 billion. 

 After that, bribes were allegedly paid to government officials to enable the deal, which is considered unfavourable to Nigeria where the value of a block Oil is much more than what was paid for it.

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