How This Nigerian Businessman Stole 801 Million In Nigerias Biggest Oil Scandal











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Watch: Why Muammar Gaddafi Dropped Pan-Arabism For Pan-Africanism    • Why Muammar Gaddafi Dropped Pan-Arabi...   • The Malabu Oil Scandal is considered one of the biggest corruption scandals in the history of the oil industry. It involves the allocation of one of Nigeria's richest oil fields, OPL 245, to Malabu Oil and Gas Limited, a company owned by former Nigerian oil minister, Dan Etete. The deal was shrouded in secrecy and corruption, with allegations of bribery and embezzlement involving high-ranking officials in the Nigerian government and multinational oil companies. This scandal has had far-reaching consequences, with several legal battles and investigations spanning over a decade. It has also shed light on the widespread corruption and lack of transparency in the oil industry, particularly in Nigeria.

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