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Malabu Deal: Jonathan denies receiving $200m

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The former President of Nigeria, Goodluck Ebele Jonathan has described as fake news, a report that he collected 200 million dollars from the 1.3 billion dollars Malabu deal.

In a statement by his media adviser, Ikechukwu Eze, Jonathan denied receiving payment made by international oil companies for access to a prime oil block in nation’s Niger.

Jonathan argued that the fake news was met to tarnish  his hard earned reputation in the international community as the oil deal predated his administration.

The former President also denied knowing the former oil minister and the architect of the controversial deal, Dan Etete, who was reported to have taken a huge amount of payment from Shell for the oil block, which he owned.

The report had alleged that Jonathan had known Etete far back as when the former President served as a tutor to Etete’s children while he was a minister.

But Shell has denied any wrongdoing.

Nigeria’s government passed $1.1bn of the money paid by Shell and the Italian firm ENI to a company called Malabu, which was controlled by Mr Etete, according to Italian prosecutors.

Documents filed by the Italian prosecutors claim that $466m of that sum was then laundered through Bureau de Change and passed on to then President Goodluck Jonathan, and members of his government.

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