nigerias exoil minister battles slew of graft cases
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Nigeria's ex-oil minister battles slew of graft cases

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Nigeria's ex-oil minister battles slew of graft cases

Nigeria's former oil minister Diezani Alison-Madueke
Lagos - Emirates Voice

Nigeria's former oil minister faces charges only at home but her name crops up in a growing number of international cases that lift the lid on the scale of alleged corruption in the country's oil sector.
Since leaving office in 2015, Diezani Alison-Madueke has been implicated in bribery, fraud, misuse of public funds, and money laundering cases in Nigeria, Britain, Italy and the United States.
The first female president of the global oil cartel OPEC -- who was one of Africa's most prominent politicians -- has always denied the allegations, which involve billions of dollars syphoned from oil deals and state coffers.
But former US State Department Nigeria specialist Matthew Page suggested that a US civil forfeiture case to seize $144 million (124 million euros) of assets from allegedly ill-gotten crude contracts may just be the start of Alison-Madueke's legal troubles.
"Although this is the first attempt by US law enforcement to go after assets allegedly stolen by Diezani and her henchmen, it almost certainly will not be the last," he told AFP.
Nigeria's President Muhammadu Buhari, elected in 2015 on a promise to eliminate graft, has said that "mind-boggling" sums of public money were stolen by previous administrations.
Officials in Abuja say they are talking with US prosecutors about repatriating the money if the civil forfeiture claim is successful.
- String of cases -
Alison-Madueke served under president Goodluck Jonathan from 2010 to 2015 and was Nigeria's first female minister of petroleum resources. But her tenure was dogged by scandal.
On her watch, the former central bank governor Lamido Sanusi was sacked for claiming the state-run Nigerian National Petroleum Corporation (NNPC) had failed to remit $20 billion.
In one case heard in Nigeria in February, Alison-Madueke was accused of diverting some $153 million from the NNPC coffers.
In another ongoing trial, some 23 billion naira ($73 million) of NNPC money is alleged to have been used to influence the 2015 presidential election to keep Jonathan in power.
Prosecutors in Lagos this week began proceedings to recover $1.76 billion of assets owned by Kola Aluko and Jide Omokore, whose companies were awarded oil contracts by Alison-Madueke.
A similar asset recovery case was filed last week in Houston, Texas, seeking the seizure of luxury property, including a New York apartment and superyacht, bought by the businessmen.
On Wednesday, another judge ordered the forfeiture of Alison-Madueke's $37.5 million luxury Lagos property, saying it was purchased with ill-gotten funds.
Meanwhile, Italian prosecutors allege that she and Jonathan received kickbacks from oil majors ENI and Shell as part of a $1.3-billion deal for an offshore oil block in Nigeria.
Charges relating to the same oil block deal have also been filed against the oil majors and some senior Nigerian politicians.
Jonathan and Alison-Madueke are not named in the suit but the former president is under pressure from parliament to answer questions about the so-called Malabu deal.
Finally, Diezani-Madueke was arrested in London in October 2015 in connection with a British probe into international corruption and money laundering, but she was freed on bail.
- 'Morale booster' -
As the international cases pile up, anti-graft campaigners hope the growing body of evidence will boost current President Muhammadu Buhari's faltering war on corruption.
Several high-profile figures in Jonathan's government have been charged with corruption since Buhari came to power, however so far there have been no major convictions.
Still, some activists believe the overseas cases will serve as a powerful example of justice.
Debo Adeniran, of the Coalition Against Corrupt Leaders lobby group, said the latest cases involving Alison-Madueke, Aluko and Omokore could be a "morale booster".
"Once a conviction is got abroad, the right signal will be sent to all looters that the judgment day has come," he said.
"The fight against corruption will receive a boost. At last, the chickens are coming home to roost."
Dolapo Oni, an oil analyst with Ecobank, said that in contrast to Nigeria's sluggish courts, the overseas corruption cases may be concluded faster.
But whatever positive impact that may have, fears remain that with Buhari on indefinite medical leave, his anti-corruption war is losing momentum.
Leading Nigerian lawyer Festus Keyamo said the cases demonstrated the need fundamentally to overhaul the NNPC -- and to investigate just how far up corruption went in the ruling elite.
"The big unanswered questions: is it possible one Minister allegedly stole so much without the knowledge, connivance & approval of the C-in-C (commander-in-chief)?", he tweeted.

Source: AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nigerias exoil minister battles slew of graft cases nigerias exoil minister battles slew of graft cases

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

nigerias exoil minister battles slew of graft cases nigerias exoil minister battles slew of graft cases

 



GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 06:18 2017 Saturday ,25 November

Singer Assy Al Helani calls Lebanese people

GMT 04:21 2018 Saturday ,06 January

Face Yoga could be the answer to looking younger

GMT 14:10 2016 Monday ,19 September

Borneo loggers swap chainsaws

GMT 08:10 2017 Thursday ,29 June

Dubai Economy, Souq.com launch

GMT 12:26 2014 Tuesday ,12 August

Feng shui can boost your energy level

GMT 08:46 2017 Saturday ,21 October

Fati Jamali proud for representing Morocco

GMT 07:31 2017 Thursday ,10 August

PareMinerals to launch Statement lip collection

GMT 09:47 2016 Friday ,02 September

China Hushen 300 index futures open mixed Thursday

GMT 02:27 2011 Tuesday ,22 March

Oil Market Forecast and Analysis

GMT 06:59 2017 Saturday ,21 January

Training official praised the measures

GMT 14:52 2017 Sunday ,19 March

Badra Qallol reveals 200 women

GMT 14:13 2017 Sunday ,28 May

Buying gold? It's at a two-week high

GMT 20:52 2017 Tuesday ,12 December

'New sense of optimism' in Brexit talks

GMT 23:38 2017 Wednesday ,14 June

Designers make new accessory to tie

GMT 15:42 2011 Thursday ,20 October

Women fear over Islamist intentions
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice