Browsing: Diezani Alison-Madueke

The Skye Bank Plc management, according to TheCable also indicted Akinsola Akinfewa, Kehinde Durosinmi-Etti and Oguntayo, all former GMDs of the bank; the Chairman of Forte Oil Plc, Femi Otedola; Festus Fadeyi; and Jide Omokore, the Chairman of Atlantic Energy and business partner of former Minister of Petroleum Resources, Diezani Alison-Madueke, in the letter to Osinbajo

According to the complaint, from 2011 to 2015, Nigerian businessmen Kolawole Akanni Aluko and Olajide Omokore conspired with others to pay bribes to Nigeria’s former Minister for Petroleum Resources, Diezani Alison-Madueke, who oversaw Nigeria’s state-owned oil company. In return for these improper benefits, Alison-Madueke used her influence to steer lucrative oil contracts to companies owned by Aluko and Omokore

Matashi, whose evidence started on Wednesday as second prosecution witness, stated that while the total value of the transaction as at 2014 was $823,750,159, Atlantic Energy Drilling Concept Limited could not meet up with its cash call for operations and training, which made NPDC, a subsidiary of the Nigerian National Petroleum Corporation, to use funds in its account to clear outstanding payments