Diezani in trouble again over withdrawal of $1.3billion from NNPC accounts

There seems to be no end to the alleged mind-boggling financial misappropriation in the former President Goodluck Jonathan administration.

In the centre of it all is, according to records unearthed by investigators, is former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke.

Economic and Financial Crimes Commission (EFCC) detectives have just uncovered the withdrawal of $1.3billion from the accounts of the Nigerian National Petroleum Corporation (NNPC), ostensibly to fight kidnapping and other security threats in the Niger Delta.

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

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 ex-Minister only relied on a memo from ex-President Goodluck Jonathan without recourse to the board of the NNPC.

A former Group Executive Director, Finance and Accounts of NNPC, Mr. Bernard Otti, has been quizzed by  Economic and Financial Crimes Commission (EFCC) detectives.

Otti is said to have also made available to the EFCC some documents, including approvals to withdraw the $1.3billion by Mrs Alison-Madueke.

More to come…

– The Nation