Immediate past 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 further investigation and possible prosecution, SaharaReporters has learned. However, her overture has reportedly received a cold response from President Muhammadu Buhari.

A source in Aso Rock and a ranking member of the ruling All Progressives Congress (APC) told our correspondent 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.

Mrs. Alison-Madueke was one of the closest ministers to former President Goodluck Jonathan, and is reputed to have anchored and facilitated numerous money-laundering scandals and deals that characterized the era of the just-ended Jonathan administration. The former Petroleum Minister oversaw several oil swap deals, the disposition of oil wells handed over by Shell Petroleum to the Nigerian National Petroleum Corporation (NNPC), and the direct looting of funds through the NNPC. Former Central Bank Governor, Sanusi Lamido Sanusi, was forced out of office after he revealed that the NNPC had failed to remit more than $20 billion in oil revenues with the CBN.

The former Petroleum Minister is the latest of several officials who served under Mr. Jonathan’s government that are currently negotiating “soft landing deals” with the Buhari administration. The incumbent president, who was sworn in on May 29, 2015, has vowed to probe various questionable financial actions taken by his successor or officials of his government. Mr. Buhari is reportedly determined to recover billions of dollars in stolen funds.

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.

SaharaReporters 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.

Our 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.

Two days ago, we reported that former Secretary General of the Commonwealth, Emeka Anyaoku, had appealed to Mr. Buhari to halt the ongoing probe of former President Jonathan’s administration. Even though Mr. Anyaoku has denied that he urged Mr. Buhari to stop the investigation of his predecessor’s financial dealings, our sources insisted that the ex-Commonwealth chief executive brought up the matter.

Our sources disclosed that Mr. 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,” said one source.

According to our sources, Mr. 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.

In addition, the new president is reportedly focused on looking further at the extensive embezzlement of security funds by appointees of the former president. Mr. Buhari has approved an investigation of how more than $3 billion in Nigeria’s defense budget was spent. Security agents who searched the homes of former National Security Adviser, Sambo Dasuki, reportedly carted away some revealing documents.

Earlier today, the Department of State Security (DSS) arrested and detained Gordon Obuah, a former Chief Security Officer to President Goodluck Jonathan. Mr. Obuah is reportedly being questioned over his alleged mastermind of a multi-million dollar oil bunkering deal during the former administration.

Source: http://saharareporters.com/2015/07/18/buhari-turns-down-former-petroleum-minister-alison-madueke-offer-refund-250-million

E still remain, she will own up when pressure plenty... She is one of the most corrupt human beings that ever walked the face of the earth, even grown men quake at the affront with which she not only loots but blatantly request for kickbacks from oil companies for approval for their deals.

People have no idea of how devilish this woman can be, she killed one of the IOC's deal with a consortium of foreign investors cos they refused to insert a 5% life time royalty for "them".. Now the oil coy has begun downsizing of over a 100 staff cos the oil price crash + the lost deal has affected their business a great deal..


As its customary, expecting the wailing wailers to ask "what about "__________" ?(insert any of govts associate

250...wah?? Milion or billion

Offered to return? she thinks she is doing Nigeria a favor by returning monies that rightful belongs to the country?all the PDP Big wigs that have been found guilty, in the court of public opinion for stealing will have no where to run to.

They know they are cornered. The international community via the Interpol will work with the Nigeria Government, just in case some of them decide to do a runner to some foreign country. The final target should be Goodluck Jonathan, that man should be made to see the inside of a prison for looting Nigeria 50 Years backward.

There is a couple of more Billions of $, where this woman brought this money from. She should be made to return the rest.

Once again, President Buhari is demonstrating his resolve to sanitize the rot, left by the PDP.

We are behind you President Buhari.

Can you imagine a suspected thief offering money to be henceforth never to be charged anymore? It shows she has done even more damage to the Nigerian finances under her watch in NNPC. She deserves a serious jail term.

That one na tithe abi wetin?

Please tell us the amount in naira. We want to know what amount is involved in our naira. We spend naira here in Nigeria and not dollars. Disrespecting our naira is no longer accepted America will not calculate their money in naira I quess.

Make she no offer us o. When time reach we go collect all we want collect.

Sahaliars again .

Yet another wrong thread, mek I go sleep Jare.

I feel pity for the APC government. Its obvious they are confused and are overwhelmed by the job at hand
This is the reason for all this ghost stories and bogus accusations. The truth is that in Nigeria we don't keep records. There is no way to find out what was taken and by whom. This is why Price waters complained of incomplete data to fully analyse the accounts of NNPC. We should know that the staff of NNPC are very smart and can hide anything. Buhari should stop all this distractions and simply pull resources together to try to run the country. He doesn't have to run it, he can simply pretend till the storm passes over. This is not the way to go

So she actually stole?

Judgement day is here so early. All those who stole our commonwealth should return our monies.

After more than sixteen years of democracy, there's no school good enough for children of our public officials.

There's no hospital good enough for their treatment,even for headache.

I saw a young woman and her mother yesterday on channels tv, crying and pleading for help from Nigerians to carry out a kidney transplant.

Begging takes away one's dignity and self-esteem.

How much does it take to build a world-class kidney treatment centre so our people would stop trooping to India?

Less than N20bn, I guess. May the thousands of souls lost due to corruption in government not rest until they take their own pound of flesh. Amen

IdiAmin1:
Sahaliars again .

Yet another wrong thread, mek I go sleep Jare.

it is not lie..!!


Why are you supporting impunity

Because she is from your village?

If only one person decided to loot america dry and useless her economy like nigeria.

You ll not find it conducive to live and make a living there...

Smh for all of you....

GHEN GHEN!!!!!....I am enjoying this NEW Nigeria. Can you imagine that our "Nobel prize candidate" was Commander in Chief when all these lootings were going on?? God must love Nigeria,for him to let this dummy lose the election before GEJ turns Nigeria to Somalia.

santakris:
Please tell us the amount in naira. We want to know what amount is involved in our naira. We spend naira here in Nigeria and not dollars. Disrespecting our naira is no longer accepted America will not calculate their money in naira I quess.

Beautiful abeg tell my people oh. We are insulting ourselves we don't know. I've never seen this kind of our people we just do anything to down grade what ever we do.

If the story is actually true, they would have lured her to bring the money first, then they will have a strong evidence against her but guess what, PROPAGANDA as usual...


Abi, bribing government officials is no more a crime?

If this store is true, I think its wise to collect that money

polite2:
So she actually stole?

Yes, she stole more than stolen. That thief must be jailed....and Jonathan too!

Fear the MEDIA!!!

Without complicity at the upmost echelons of Government the kind of crude theft that goes on Nigeria cannot happen .
I hope this news item is correct and PMB can get down to the bottom of this stealing in high places

Another poor journalism with no substance. We want action and not media hype to gain traffic.

chei!

Return $250M and let bygones be bygone. Joke of the Millenium! Maybe this woman does not really know the seriousness of her situation.

She does not know that because of her actions and inactions while in government as petroleum minister:
1.thousands have died and are still dying in road accidents cos of govt's inability to fix our roads.
2. Many businesses have closed down cos of high cost of production (2500MW for 170M ppl chai!)
3. Thousands in the oil and gas industry are now without job all because she refused to let the FG pay her JV counter-part fund.

She'll not only return all looted public fund, she'll also go to prison for looting public money.

Sahara reporters?

Always, our sources, our sources.


I dont believe those guys again.

Is she to determine how much to return to the Nigerian government? She just worsened her own case. My President,over to you!

Yes paa !!! 250million dollars?
Our economy is in severe anaemic state.
What a man can do, a woman can surely do it better. I concur.
No man can better the best of this woman's embezzlement skills and tendencies.

hinwazaka:
I feel pity for the APC government. Its obvious they are confused and are overwhelmed by the job at hand
This is the reason for all this ghost stories and bogus accusations. The truth is that in Nigeria we don't keep records. There is no way to find out what was taken and by whom. This is why Price waters complained of incomplete data to fully analyse the accounts of NNPC. We should know that the staff of NNPC are very smart and can hide anything. Buhari should stop all this distractions and simply pull resources together to try to run the country. He doesn't have to run it, he can simply pretend till the storm passes over. This is not the way to go

ar you trying to say that buhari should just allow this criminals to go just like that? You must be a criminal ur self....oleburuku

hinwazaka:
I feel pity for the APC government. Its obvious they are confused and are overwhelmed by the job at hand
This is the reason for all this ghost stories and bogus accusations. The truth is that in Nigeria we don't keep records. There is no way to find out what was taken and by whom. This is why Price waters complained of incomplete data to fully analyse the accounts of NNPC. We should know that the staff of NNPC are very smart and can hide anything. Buhari should stop all this distractions and simply pull resources together to try to run the country. He doesn't have to run it, he can simply pretend till the storm passes over. This is not the way to go

you should feel pity for yourself for supporting corruption. What a pointless comment you just made!

Nigerian should wake up enough of all this media propaganda. APC should know that time is running and Nigeria is waiting for their change chant.