A High Court of the Federal Capital Territory sitting in Abuja, on Thursday, issued a warrant for the arrest of a former Minister of Petroleum Resources, Chief Dan Etete and two others that were fingered in the alleged $1.1billion Malabu Oil scam.
The Economic and Financial Crimes Commission (EFCC) had earlier accused Etete and two others of playing roles in the alleged fraudulent allocation of the lucrative Oil Processing Licence 245 to Malabu Oil and Gas Limited in 1998.
Justice Abubakar Kutigi issued the arrest warrant on the strength of an ex-parte application and affidavit the Economic and Financial Crimes Commission, EFCC, brought before the court. He also ordered the arrest of Munamuna Seidougha and Amaran Joseph.
The anti-graft agency named Etete, Seidougha, and Amaran as being on the run in the 42 counts of the alleged fraudulent Malabu Oil transactions recently filed against the immediate past Attorney-General of the Federation, Mohammed Adoke (SAN) and six others.
Adoke and others had since pleaded not guilty to the charges and were granted bail by Justice Kutigi earlier on Thursday.
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