EFCC Confirms Plans To Extradite Alison-Madueke

Court Orders Final Forfeiture Of Properties Linked To Diezani
File photo


The Economic and Financial Crimes Commission (EFCC) has said that the process of extraditing former Minister of Petroleum, Deziani Alison-Madueke, has begun.

The acting spokesman of the commission, Mr Tony Orilade, confirmed this in Abuja on Sunday.

According to him, there have been calls from different quarters for the extradition of the former minister over several allegations of impropriety against her.

Orilade further stated that the EFCC’s operations department has made a presentation to the legal department to commence the process.

He, however, said that the action had to be processed through the office of the Attorney-General of the Federation.

In 2017, a Federal High Court in Lagos had ordered the final forfeiture of N7.6 billion alleged loot recovered from the former Minister to the Federal Government, based on an application by the EFCC.

U.S Asset Forfeiture: Prosecutors Name Alison Madueke, others in Bribery Case

Court Orders Forfeiture Of Diezani's Allegedly Stolen FundsNigeria’s former Petroleum Minister, Diezani Alison Maduke has been named in a U.S civil complaint targeting two Nigerian business men.

The complaint which was filed by the U.S Justice Department seeks recovery of about 144 million Dollars in assets obtained through paying bribes to her.

Several media organisations including Financial Times and Reuters published a statement obtained from the Department of justice which puts the complaint period between 2011 and 2015.

According to the statement, two Nigerian businessmen, Kolawole Aluko and Olajide Omokore, allegedly conspired with others to bribe Mrs. Alison-Madueke, in order to win oil production contracts worth 1.5 billion dollars.

The proceeds were then allegedly laundered in and through the United States, and were used to purchase assets including a 50 million dollar Manhattan condominium and an 80 million dollar yacht.

Diezani Alison-Madueke was charged with money laundering by the Economic and Financial Crimes Commission (EFCC) in April.

She previously denied to Reuters any wrongdoing when questioned about missing public funds and corruption allegations.

Diezani Denies Manipulating PIB To Empower Self

The Minister of Petroleum Resources, Deziani Alison-Madueke has disputed the position being put forward by some lawmakers that the proposed Petroleum Industry Bill (PIB) gives too much power to her office.

The minister stated her position while speaking with journalists after a meeting with senate members which was said to be a technical briefing on the Petroleum Industry Bill to clear areas of doubt.

The petroleum minister in her presentation said in line with the deregulation drive of the PIB, the Nigerian National Petroleum Corporation (NNPC) will be unbundled to create a world-class National Oil Company (NOC) fashioned against the globally recognised models as Petrobras and Petronas.

She also said the section of the PIB which grants a 10 per cent equity advantage to oil-bearing communities from the net profit of oil companies operating in the areas is not new and have been captured in past bills which failed to become law.

Jonathan meets with refinery operators

President Goodluck Jonathan on Tuesday, held a meeting with refinery operators and technical managers of the three refineries in Kaduna, Port Harcourt and Warri in an effort towards bringing a full turn around to the refineries.

The meeting which took place at the Presidential villa is  following a  two day retreat convened by the Minister of Petroleum resources and is designed to find solution towards tackling the challenges that led to the inability of the refineries to operate at full capacity

Briefing state house correspondents after the meeting the Minister of Petroleum Resources, Mrs. Deziani Alison Madueke said that the challenges in the Nigerian refineries are still prevalent but that the retreat was designed to encapsulate the challenges that they saw and put the solutions across the board.

According to the Minister, plans for the new Green Field refineries billed for Lagos, Bayelsa and Kogi states, which are envisaged to add 750,000 barrels per day of extra refining capacity to Nigeria’s current 445,000 barrel per day capacity, is still on course. And she emphasized that the government will only be playing a very minimal-participatory role in the building of the refineries.

She says besides this move, the sector is being thrown open to capable investors and the federal government participation in the running of the new refineries will be minimal to allow better efficiency

The Minister condemned the incessant vandalisation of oil pipelines, which claims is still prevalent in the country, as well as the outdated equipment and lack of training. She noted that a strategic frame work will soon be fashioned out to bring a turn around to the refineries.

In a separate event, the Kalu Idika Kalu led task force on refineries was inaugurated with a 60 working days timeline to complete its mandate of unraveling the issues bedeviling local refining.