HomePoliticsNigeria Seeks Extradition of Former Oil Minister Over $2.5 Billion Fraud Case

Nigeria Seeks Extradition of Former Oil Minister Over $2.5 Billion Fraud Case

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Nigeria has renewed its efforts to extradite a former oil minister, Diezani Alison-Madueke, from the United Kingdom, where she faces charges of bribery and money laundering. The Nigerian government has made a fresh request to the UK authorities based on a warrant of arrest issued by a magistrate in Nigeria.

Alison-Madueke, who served as the minister of petroleum resources from 2010 to 2015, is accused of involvement in a $2.5 billion fraud scheme across several countries, including Dubai, the United States, and Nigeria. She allegedly awarded lucrative oil and gas contracts to companies linked to her associates in exchange for kickbacks.

The former minister left Nigeria in 2015 and resided in the UK. She was recently arraigned before the Westminster Magistrates’ Court in London over allegations of accepting bribes worth £100,000 from a Nigerian businessman. She was granted bail in the sum of £70,000 and ordered to wear an electronic tag and observe a curfew.

The extradition request by Nigeria is said to be related to the fraud case involving Alison-Madueke and several others, who are facing trial in Nigeria. The Economic and Financial Crimes Commission (EFCC), the anti-graft agency in Nigeria, has filed a 13-count charge against them, alleging that they conspired to divert public funds for their personal use.

The EFCC has also seized several properties and assets belonging to Alison-Madueke and her associates, estimated to be worth billions of naira. The agency is determined to bring the former minister to justice and recover the stolen funds.

However, the extradition process is not straightforward and may take a long time. The UK government is conducting an internal review of its extradition policy, which may affect the outcome of Nigeria’s request. The UK authorities have also stated that they will not extradite anyone who may face the death penalty or human rights violations in their home country.

The extradition request by Nigeria is part of President Tinubu’s anti-corruption campaign, which he launched after taking office in 2023. The president has vowed to prosecute all those who have looted the public treasury and recover the stolen wealth. He has also pledged to reform the oil sector, which is the main source of revenue for Nigeria but has been plagued by corruption and mismanagement for decades.

The case of Alison-Madueke is one of the most high-profile corruption scandals in Nigeria’s history and has attracted international attention. Many Nigerians have expressed their frustration over the delay in bringing her to justice and have called for more transparency and accountability in the oil sector. Some analysts have also suggested that Nigeria should seek cooperation from other countries where Alison-Madueke may have stashed her illicit funds.

If Nigeria succeeds in extraditing Alison-Madueke from the UK, it will be a major victory for the anti-corruption crusade and a boost for the country’s image. It will also convey to other corrupt officials that they cannot escape justice by fleeing abroad.

Source: Arise TV

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