Skip to main content

Diezani Alison-Madueke: Ex minister’s son allegedly involved in $115m scam



Ugonna Madueke, the son of the former
Minister of petroleum, Diezani Alison-
Madueke, has been implicated in an ongoing investigation by the Economic and Financial Crimes Commission (EFCC).



Reports say Mr. Madueke's name was mentioned while EFCC operatives were interrogating the Managing Director (MD) of Fidelity bank PLC, Mr. Nnamdi Okonkwo.
Okonkwo was arrested by the anti-graft agency for allegedly receiving the sum of $115m » from former minister of petroleum resources.


According to an EFCC source , the Fidelity bank MD said Diezani asked him to help with some payments to officials of the Independent National Electoral Commission (INEC).


The bank MD also revealed that the former minister’s son however acted as a middleman as the funds were being disbursed.


According to the EFCC source, “The MD said it was Diezani’s son that sent him a list of beneficiaries which included several INEC officials and election monitors across the 36 states. Diezani specifically instructed that the funds be disbursed at least a day or two before the elections.

The total amount of money was $115m and Diezani told the bank to convert the funds into naira, which was about N23.3bn at the time.

“However, the suspects told us that the volume of money was too big and they had problems converting the funds. So, Diezani told the bank MD to use the bank’s funds and hold on to the dollars as collateral and that after elections, the bank could use the dollars to replace the bank funds.”

Okonkwo might be for conspiracy by the EFCC.


Source: Pulse News.

Comments

Post a Comment

Popular posts from this blog

THE WILDFLOWER MOVIE REVIEW.

  Think of The Wait and how it made you feel. How it brought things you have ever seen, heard of or experienced right to you, that is exactly how you would feel with this movie.  This is a movie that is a must watch if you are a mother, an elder sister, if you are connected to a female one way or the other, this movie is for you. Trust Aunty Biodun Stephen to always give you real life and realistic themes and plots. Hence the plot of this movie is so close to home that I could remember some scenarios. But the movie was dragged at so many points. If you are looking for a movie that would kick you in the punch at once, this is not that movie. This is the movie that you have take your time to go through the prolonged actions and scenes, which was caused by some actors, who unfortunately were key players. Anyway, overall, I'd give it an 8/10. Plot is cool. Directing is cool. Delivery wasn't perfect for a lot to cast, even the top ones. Everyone was just at their relaxed mood, whic...
Post a Comment
Read more

King Of Swazi chooses Wife, Publicly Test Girls' Virginity As They Dance Naked. (Photos)

A common tradition in Swaziland (Swazi) permits the King, Mswati, to choose a new bride every year. This is done in a festival named Swazi Reed Dance Festival where girls are paraded and tested publicly to know their virginity status. It has been a long time tradition in Swaziland and not the first time this controversial issue is making it into the news. Although, many consider this barbaric and backward, it’s a tradition the people willingly embrace as the aim is to help King Mswati choose a wife. As part of Swazi custom and norms, that time of the year has come, when the King chooses his bride and again, he has reportedly tested some of the volunteered girls’ virginity before choosing a wife for himself. Thousands of pretty virgins’ were seen in this year’s edition dancing topless for King Mswati III, on what is called the Reed Dance ceremony, also known as Umhlanga), hoping to be his next wife. The Reed Dance ceremony is an annual Swazi and Zulu tradition hel...
Post a Comment
Read more

Ijakumo Movie Review

  Whatever this movie was set to give, it didn't give.  Even the stripping is not giving. Why is the Sharon girl sex talking like she is doing spoken words???  I liked the babe in "Listening Ears", but I feel she is not 'mature' enough theatrically for this role. Wait, what I noticed was that Toyin and her crew didn't know there was a girl who looks like the Sharon girl in his church. A very crazy error that no director should make. If they had come in with this, maybe the finding out they were twin bla BLA BLA suspense would suspense well. But as the director or script writer were very myopic, the twin shii didn't hold water. If they had said or showed that they picked the Ugandan girl because she looked like the Nigerian girl in his church, e for make perfect sense. Seriously, I am miffed. The only thing that thrilled me was Kunle Remi and his lines. O mard gan. 🤣🤣🤣 "Emi mimo ni kin gbenu sohun". 🤣🤣🤣 "So, idi Uganda lo Fe baye mi j...
17 comments
Read more