The $1.1BN Malabu Oil Scandal: Nigeria’s Biggest Heist Explained (2025 Update)

Описание: The OML 245 saga, also known as "Malabugate," is the most complex oil scandal in Nigeria's history. From a $1.1 billion "Ghost Deal" to the shocking 2025 conviction of international prosecutors, this is the full story of how Nigeria’s wealth was diverted.
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In this investigative documentary, we go behind the scenes of the Malabu Oil and Gas scandal. We explore why President Olusegun Obasanjo revoked the license in 2001, why the Jonathan administration returned it in 2010, and how Shell and Eni became entangled in a global bribery trial that spanned three continents.
​With the latest 2025 updates from the Abuja Court of Appeal and the Milan courtroom drama, we break down the money trail that led from JP Morgan accounts to private pockets.

​Timestamps:
0:00 The $1.1 Billion Secret
1:45 Who is Dan Etete? (The 1998 Award)
4:30 Obasanjo, Shell, and the 2001 Revocation
7:15 The "Three-Way Dance": Jonathan & Adoke
10:00 How the Money Vanished: The JP Morgan Trail
13:20 Global Trials: Milan, London, and Abuja
15:45 2025 Update: Why the Prosecutors Went to Jail
17:30 The Future of OML 245 and Nigeria's Oil

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Disclaimer: This video is for educational and documentary purposes based on publicly available court documents and news reports. All individuals are presumed innocent until proven guilty in a court of law.
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