The illegal withdrawal of $1.3 billion has been discovered by investigators looking into the records of former Petroleum minister, Mrs. Diezani Alison-Madueke.
The Investigators say the money was removed from the accounts of the Nigerian National Petroleum Corporation (NNPC) without relevant approval.
Report says that the withdrawal of the cash was ostensibly to fight kidnapping and other security threats in the Niger Delta.
Former President Goodluck Jonathan is reported to have given the approval to Diezani Alison-Madueke.The withdrawal was neither authorised by the National Assembly nor the Federal Executive Council (FEC).
The former Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, is also believed to be unaware of the deductions from the NNPC accounts.
Diezani Alison-Madueke is reported to have only relied on a memo from ex-President Goodluck Jonathan without recourse to the board of the NNPC.
A former Group Executive Director, Finance and Accounts of NNPC, Mr. Bernard Otti, has been quizzed by Economic and Financial Crimes Commission (EFCC) detectives over the money.
Otti is said to have also made available to the EFCC some documents, including approvals to withdraw the $1.3 billion by Mrs Alison-Madueke.
In two other instances, Jonathan wrote on two other requests mandating the former minister to take part of the cash from either NNPC Security Vote Account or from the “Gas Fund”.
NAN
Not again!
ReplyDeleteSee money, may God forgive all of you when I'm looking for ordinary 100thousand for rent. See what one human being is stealing and if you go to them for assistance they will never help. May God's kingdom come, i don tire abeg
ReplyDeleteThis madam thief again
ReplyDelete$100 Billions total was stolen between Jonathan and Diezeni and that is what is estimated, it could very well be more. Olojukokoro woman.
ReplyDeleteThe rot in the system is really much. As much as I won't take side on any government, the last regime caused this nation a fortune. It was filled with lots of looting and embezzlement. From the no 1 man to the the least political person was filled with obnoxious heartless people. Oil per barrel was on the high, foreign reserves was high when they took over and there wasn't any good capital projects that could facilitate trade and investment, we keep producing graduates struggling to feed on a 40k job. Many are out there roaming about jobless, yet someone out there is looting funds that can change the lives of over 5 million lives. Hmm may God save and heal our nation and make us great again.
ReplyDelete