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Nigeria silent over secret asset recovery deal that could see ‘stolen’ oil treasure paid to US firm

September 2020, by Lionel Faull & Oladeinde Olawoyin

A consortium of anti-corruption groups who spent years investigating the Malabu OPL245 oil scandal in Nigeria have called on the Ministry of Justice to break its “thunderous silence” over a secret deal that could have seen huge sums of recovered assets flow to a private US company. The campaigners, who include highly respected Nigerian and Western NGOs, claim that hundreds of millions of dollars could be diverted from the country under a confidential contract linked to President Buhari’s billion dollar asset recovery programme.

Read the full story on Finance Uncovered’s website here