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Malabu: OPL 245 not corruptly taken from FG, say Shell, Agip

Oil giants, Shell Nigeria Exploration & Production Company and Nigerian Agip Exploration Limited have asked a Federal High Court in Abuja to lift its order temporarily forfeiting the oil field, Oil Prospecting Licence 245, to the Federal Government.

They argued among others that the Economic and Financial Crimes Commission “misrepresented and suppressed material facts” in obtaining the ex parte order of interim forfeiture on January 26.

The applicants stated that contrary to the EFCC’s contention, the OPL 245 was voluntarily released to them by the Federal Government and not corruptly taken from it.

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