Sunday, July 19, 2015

Buhari rejects Alison-Madueke's plea to refund looted $250m

According to a report by Sahara Reporters, controversial former Minister of Petroleum Resources, Diezani Alison-Madueke, has offered to refund the sum of $250 million dollars to the Nigerian government in return for immunity from investigation and possible prosecution.                         
But her overtures has reportedly been rejected by the no-nonsense President Muhammadu Buhari.

Buhari was unimpressed by Mrs. Alison-Madueke’s offer. “Mr. President considers the $250 million as ridiculous considering the amount of money Mrs. Diezani Alison-Madueke is suspected to have diverted into her pocket and those of others.”

A source in Aso Rock and a ranking member of the APC revealed that the former minister has been reaching out to influential government and ruling party officials, in and outside Abuja, to prevail on President Buhari to accept her offer and let bygones be bygone. According to our sources, Mrs. Alison-Madueke had enlisted the support of several figures close to Mr. Buhari, including Governor Nasir el-Rufai of Kaduna State, to intercede with the incumbent president.


One source said Mrs. Alison-Madueke’s latest offer to refund at least $250 million to the government came after she learned that President Buhari’s scheduled meeting with US Attorney General, Loretta Lynch, would include a discussion of ways that the US government could facilitate the investigation, arrest and prosecution of some officials of the Jonathan administration implicated in the theft of billions of dollars and a variety of frauds that resulted in the loss of significant sums of public funds in Nigeria.


Sahara Reporters exclusively reported earlier in the week that the former Minister of Finance and the Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, has been cooperating with the Buhari administration’s ongoing, if quiet, probe of a series of questionable financial transactions by the Jonathan administration. 

The sources revealed that Mrs. Okonjo-Iweala had given the Buhari administration documents that expose a number of shady financial deals executed by the Jonathan administration. 

Buhari is intent on ordering a full audit of deals and transactions done by the former Petroleum Minister and her cohorts in the various agencies that reported to her. 

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