ShippingWatch

Nigeria's former oil minister charged in billion dollar fraud

Up to USD 150 billion from the sale of Nigeria's oil has disappeared. Now the net is tightening around the former president and his oil minister, who was arrested in London last week for money laundering and bribery.

Firmanavne på billedet er ikke relateret til korruptionsanklagerne. | Photo: Seplant

LONDON

Nigeria's former President and his oil minister are suspected of laundering a staggering billion dollar amount which should have otherwise gone to the state treasury. As early as February 2014, the head of the country's national bank at the time, Lamido Sanusi, had warned that something was afoot in Nigeria's state oil company.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Related articles

Latest news

See all jobs