Connect with us

Hi, what are you looking for?

Latest News

UK crime agency charges Nigeria’s former oil minister with bribery offenses

Nigeria’s former oil minister Diezani Alison-Madueke has been charged with bribery offenses following an investigation by the UK’s National Crime Agency, which alleges she accepted bribes in exchange for multimillion-pound oil and gas contracts while in government.

“She is alleged to have benefitted from at least £100,000 in cash, chauffeur-driven cars, flights on private jets, luxury holidays for her family, and the use of multiple London properties,” the National Crime Agency said in a statement.

“Her charges also detail financial rewards including furniture, renovation work and staff for the properties, payment of private school fees, and gifts from high-end designer shops such as Cartier jewelry and Louis Vuitton goods.”

Alison-Madueke, who was a key figure in the cabinet of former Nigerian President Goodluck Jonathan from 2010 to 2015, has previously denied allegations of corruption.

The agency said that Alison-Madueke, who currently resides in London, will appear at Westminster Magistrates Court on October 2.

“These charges are a milestone in what has been a thorough and complex international investigation,” said Andy Kelly, head of the NCA’s International Corruption Unit. “Bribery is a pervasive form of corruption, which enables serious criminality and can have devastating consequences for developing countries. We will continue to work with partners here and overseas to tackle the threat.”

The National Crime Agency added that assets related to the alleged offenses – worth millions of pounds – have been frozen as part of the investigation.

Alison-Madueke also served as the first female president of the Organization of the Petroleum Exporting Countries (OPEC). Nigeria, Africa’s most populous country and biggest oil producer, is one of 13 countries in OPEC.

This post appeared first on cnn.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    I experimented with various strategies that mainly involved long options, which would eventually depreciate and eat away at my capital.   How to start...

    Investing

    (Most traded options are American options. The underlying can be bought or sold anytime . However ‘European’ options, which can only be exercised on...

    Investing

    We’re there going to go what they are, where they came from, how they are used and some of the theory (yes, sorry) that...

    Editor's Pick

    IoT Complete is a fast and easy way to connect products. The fully integrated service enables enterprises to connect their products from certified connectivity...

    Disclaimer: gorgeousincome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 gorgeousincome.com