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How Mohammed Abacha, Malabu lost OPL 245 to Shell, Agip –FG

The Federal Government has faulted a suit by Malabu Oil and Gas Limited, which is challenging the allocation of the highly lucrative oil block, the Oil Prospecting Licence 245, to Shell Nigeria Exploration and Production Company Limited and the Nigerian Agip Exploration Company Limited.

The suit was filed before the Abuja Division of the Federal High Court in the name of Malabu Oil and Gas Limited by Mohammed Abacha, a son of the late military dictator, Gen. Sani Abacha.

Mohammed, in the suit filed on March 17, 2017, explained that he was one of the three founding owners of the company to which the OPL 245 was allocated in 1998 while his father was the Head of State.

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