Dan etete news
Dan Etete is a Nigerian businessman and former politician who has been involved in several high-profile controversies. Here are some recent news updates about him:
- Forfeiture of assets: In 2020, the Nigerian government ordered the forfeiture of Dan Etete's assets, including a private jet, a yacht, and several properties, over allegations of corruption and money laundering. The assets were valued at over $100 million.
- Malabu Oil scandal: Dan Etete was a key figure in the Malabu Oil scandal, which involved the illegal sale of Nigeria's oil block OPL 245 to Royal Dutch Shell and Eni in 2011. The scandal led to widespread corruption allegations and criminal charges against several individuals, including Etete.
- Extradition request: In 2020, the Italian authorities issued an extradition request for Dan Etete, who is accused of corruption and money laundering in connection with the Malabu Oil scandal. However, Nigeria has refused to extradite him, citing lack of evidence.
- Court ruling: In 2020, a Nigerian court ruled that Dan Etete's assets should be returned to him, citing lack of evidence of corruption or money laundering. The ruling was seen as a setback for the Nigerian government's efforts to recover stolen assets.
- International pressure: The Malabu Oil scandal has led to international pressure on Nigeria to recover stolen assets and hold those responsible accountable. The United States, the United Kingdom, and other countries have called on Nigeria to take action against corruption and recover stolen assets.
These are some of the recent news updates about Dan Etete. It's worth noting that the situation is still evolving, and new developments may emerge in the future.