Diezani Alison-Madueke in another disarray

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Former Petroleum Minister, Mrs. Diezani Alison-Madueke, is allegedly reported to have made an illegal withdrawal of $1.3 billion from the accounts of the Nigerian National Petroleum Corporation (NNPC) without applicable approval.

The report says the withdrawal of the cash was supposed to fight kidnapping and other security threats in the Niger Delta, adding that Former President Goodluck Jonathan gave approval to the withdrawal.

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. The withdrawal was neither authorised by the National Assembly nor permitted by Federal Executive Council (FEC).

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.

Meanwhile, a former Group Executive Director, Finance, and Accounts of NNPC, Mr. Bernard Otti, has been interrogated 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 a document discovered, 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”.

 

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