.NigeriaGov Seizes Former Minister, Dan Etete’s Private Jet In Canada Over $1.3bn Malabu Oil Deal | Sahara Reporters Government had been on the trail of the Bombardier 6000 jet with tail number M-MYNA since it landed in Montréal-Trudeau... READ MORE:
The Nigerian Government has seized a private jet bought by Dan Etete, a former Minister of Petroleum, with some of the alleged proceeds of the $1.3bn Malabu oil deal.
The jet had just flown from Dubai via Shannon Airport in the West of Ireland and it is not known whether any passengers were on board.It has a range of up to 6,000 nautical miles and a luxurious interior for 17 passengers. After Abacha’s death, Etete retained the rights as a private citizen until he offloaded them to oil giants, Shell and Eni in 2011, who paid a combined $1.3bn to the Nigerian Government.
In 2011, the Nigerian Government brokered a deal between Malabu Oil and Gas Ltd, the original allotees of the enormously endowed but controversial OPL 245, and Shell/Eni, who wanted to buy the oil block from the company.
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