By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Magu’s Probe: AGF Malami defends approval to auction stolen oil products

Last updated: July 12, 2020 8:28 pm
6 years ago
Share
2 Min Read
WhatsApp Image 2020 07 12 at 19.57.46

Attorney-General of the Federation and Minister for Justice, Abubakar Malami has denied granting approval to a firm, Omoh Jay Nigeria Limited purportedly standing trial in court for stealing crude oil and diesel to auction goods seized from it.

In a statement issued by his Special Assistant on Media and Public Relations, Dr. Umar Gwandu, the Minister said the
Omoh Jay Nigeria Limited was granted approval through the Department of Petroleum Resources, DPR in a letter dated 11th August, 2009 to evacuate the products onboard of MT AKUADA and MT HOPE. The approval predated the coming of the President Muhammadu Buhari administration and appointment of Malami as the Attorney-General of the Federation.

The statement says the disposal of the vessels was however done following the final forfeiture obtained on the Presidential Directive of 25th October, 2018 directing the Office of the Attorney-General of the Federation, AGF before the passage of the Proceeds of Crime Bill into law. This he says was the appropriate transitional arrangements for the management and expeditious disposal of the realizable assets to preserve their economic value.

Also Read: Magu’s probe: Presidency says corruption fight on course

The AGF insists that the disposal of the vessels under reference was conducted with due process following a report submitted by the Federal Ministry of Works, Power and Housing on the value of the assets.

The statement adds that Omoh Jay Nigeria Limited is one of the 38 auctioneers appointed by the AGF after being selected during the opening of the pre-qualification bid despite its legal battles in court.

The accusations against Malami may not be unconnected to the ongoing investigation against the suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu by the Presidential Probe Panel. Malami whose allegations are the basis for the probe had accused Magu of mismanaging assets forfeited to Government in corruption cases decided by the courts.

(Editor: Terverr Tyav)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • PFDJ office in Gash Barka Region working to strengthen organizations January 13, 2026
  • Eritrea: Ministry of Health branch in Southern Red Sea (SRS) conducts activity assessment meetings January 13, 2026
  • Seychelles: State House Reaffirms Its Full Respect for Former Heads of State and for the Legal Provisions That Guarantee Their Security and Dignity January 13, 2026
  • The African Energy Transition Provides Opportunity (By NJ Ayuk) January 13, 2026
  • Africa’s Critical Minerals and the Future of the Global Energy Transition January 13, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?