Politics

Nigerian Government Seizes Former Minister, Dan Etete’s Private Jet In Canada Over $1.3bn Malabu Oil Deal

The Nigerian Government has seized a private jet bought by Dan Etete, a former Minister of Petroleum, with some of the alleged proceeds of the $1.3bn Malabu oil deal.

The seizure was confirmed to Finance Uncovered by Nigeria’s lawyer, Babatunde Olabode ‘Bode’ Johnson.

Johnson said that the order was served on the jet’s owner, a company called Tibit Limited, which has until Tuesday this week (June 9) to file court papers opposing the seizure.

Tibit Ltd is an anonymously owned company incorporated in the British Virgin Islands.

He said government had been on the trail of the Bombardier 6000 jet with tail number M-MYNA since it landed in Montréal-Trudeau International Airport in Canada on May 29.

The news medium said a Quebec judge granted the seizure order for the aircraft in the early hours of yesterday.

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