Former Nigeria oil minister arrested

By on October 26, 2015 in Civil Society, Politics, Topical Issues with 0 Comments

Nigeria has confirmed the arrest in London of former oil minister Diezani Alison-Madueke on suspicion of bribery and money laundering. ‘Nigeria is aware of the arrest of the former petroleum minister in London on money laundering charges,’ presidential spokesman Garba Shehu is quoted in Yahoo News report as saying. ‘The government has been informed and the DSS (Department of State Services) is collaborating with the relevant security agencies in the UK to handle the matter,’ he said.Britain’s National Crime Agency said on its website it had detained five people on suspicion of bribery and money laundering but did not disclose the identities of the suspects. Nigeria’s Economic and Financial Crimes Commission (EFCC) refused to confirm the arrest but was reported to have sealed her home in Nigeria’s capital,Abuja. The report says Alison-Madueke was the first woman oil minister in Nigeria – Africa’s largest producer – and the first female president of the global oil cartelOPEC. Alison-Madueke has previously been accused of large-scale fraud in the management of the country’s multi-billion-dollar oil wealth but denied any wrong-doing.

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Britain’s National Crime Agency (NCA) has obtained court permission to temporarily seize $41,000 from Alison-Madueke, a court official in London said. According to aReuters Africa report, an administrative officer atWestminster Magistrates’ Court said the NCA had applied to the court for an order to seize various sums of money in relation to Alison-Madueke and two other women for up to six months. The administrative officer did not provide any information on the link between the three women. The report says the NCA declined any comment on the case but has issued a short statement saying itsInternational Corruption Unit had arrested five people in London as part of an inquiry into suspected bribery and money laundering offences.

As part of the widening graft investigation in Africa’s biggest petroleum producer, a security official said thatNigeria has arrested the chairman of a local oil firm, reports Reuters Africa. Days after the British police detained Alison-Madueke, the official said their counterparts in Nigeria’s Economic and Financial Crimes Commission (EFCC) had arrested Atlantic Energy chairman Olajide Omokore on corruption and money laundering charges. The report says the arrests have sent shockwaves through Nigeria’s globe-trotting corporate and political elite. The EFCC official said Omokore remained in custody. ‘He is being interrogated,’ the official, said. He gave no further details. Omokore’s lawyer and a spokesperson for his company could not be reached for comment.

Sources: Yahoo NewsReuters Africa

 

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About the Author

About the Author: Eugene Obiero is the founder of The Africa Resources Post and its predecessor The East African Energy Blog. Eugene has been writing and blogging on energy and extractives in Africa since June 2012. He is based in Nairobi, Kenya and works for Camco Clean Energy (http://www.camcocleanenergy.com/ ) as Senior Manager Africa Projects. He specializes in market entry strategy, research, financial advisory and project management. Eugene has an MBA from The Warwick Business School, University of Warwick (UK). The posts on this blogsite are Eugene's and do not necessary reflect the thinking of his employer, Camco Clean Energy. .

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