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$1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg - Politics - Nairaland

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$1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by dre11(m): 8:33pm On Sep 24, 2021
From

https://dailytrust.com/report-how-2019-elections-were-funded-with-bribes-from-europe

CSOs demand probe, prosecution of govt officials

It’s not true – NNPC

APC, PDP keep mute

Muideen Olaniyi, Abbas Jimoh, Zakariyya Adaramola & Saawua Terzungwe

Lawsuits in London and New York have shed light on how fees trading firms paid agents to win oil contracts from the Nigerian National Petroleum Corporation (NNPC) may have been used to fund the country’s past two general elections, Bloomberg reports.

Quoting filings in a suit filed by an ex-employee of British oil giant, BP Plc, Bloomberg reported that $300,000 and $900,000 were paid to intermediaries in 2014 and 2018 as part of lobby for lucrative contracts, with the funds said to be funneled into electioneering activities.

Pro-democracy campaigners have at different times expressed worry over campaign funding and failure of the Independent National Electoral Commission (INEC) to monitor source of campaign funds and spending limit by candidates.

According to Bloomberg, a former Glencore Plc employee in July admitted paying a middleman $300,000 to secure a crude shipment from the NNPC, understanding the money would be spent on the nationwide vote that took place four years earlier.

Jonathan Zarembok, who left BP’s West Africa desk last year, said in the suit that he suspected fees paid by the United Kingdom energy giant to obtain NNPC contracts would go toward the 2019 elections. He filed an employment claim against the BP, alleging he was fired for raising concerns about the large sums being transferred to intermediaries to win business in Nigeria.

Zarembok said in a witness statement made public this month that emails sent in 2017 by a BP executive in Nigeria were a “clear red flag” and implied “there would be pressure to pay bribes.” The emails discussed how preparations for elections would get under way in 2018. “We understand what that means,” the executive wrote.

The company then wired $900,000 in fees to a local agent after securing two oil cargoes from the NNPC, he said.

“BP is defending in full and denies all allegations made by the claimant,” the company noted in a statement.

It declined further comment while Zarembok’s case at a London employment tribunal continues.

Bloomberg reports that similar details emerged two months ago when Anthony Stimler, who left Glencore in 2019, pleaded guilty to corruption and money-laundering charges.

Stimler was notified in September 2014 that “Foreign Official 1” was asking all NNPC clients to pay an advance on each cargo “in connection with a then-upcoming political election,” according to U.S court filings. He then had Glencore wire $300,000 to an intermediary company, which prosecutors said was used “to pay bribes to Nigerian officials.”

US prosecutors outlined how Stimler and others paid bribes worth millions of dollars in several countries, including to NNPC officials, between 2007 and 2018. A Glencore spokesman didn’t respond to a request for comment.

“The conduct described in the plea is unacceptable and has no place in Glencore,” the company said in a statement on July 26.

Bloomberg had previously reported that the unnamed “Foreign Official 1” refers to Diezani Alison-Madueke, who served as Nigeria’s oil minister and oversaw the NNPC between 2010 and 2015. Her party, the Peoples Democratic Party (PDP), lost the elections in March 2015 to Buhari’s All Progressives Congress (APC).

It’s not true – NNPC

The NNPC Group General Manager, Public Affairs Division, Garbadeen Muhammad, said the allegation was “not true”.

When contacted, the APC deputy national publicity secretary, Yekini Nabena, simply said, “The story is inconsequential for now until they come up with specifics.”

Efforts to get the reaction of the PDP were also not successful as the national publicity secretary of the party, Kola Ologbondiyan, did not respond to phone calls. He was also yet to react to the SMS and WhatsApp messages sent to him.

CSOs demand probe

Speaking on the allegations, the executive director of the Civil Society Legislative Advocacy Centre (CISLAC), Auwal Musa Rafsanjani, lamented the failure of the government to block leakages and take measures to control the use of dirty money in politics.

Rafsanjani, who is also the coordinator, Transparency International (TI) in Nigeria, said the CISLAC had been calling for stronger sanctions against those corrupting and commercialising the country’s electoral process.

“The last election in 2019 showed gross impunity and open use of public funds to finance some individual’s elections without being sanctioned.

“There have been credible allegations that show how some officials in the NNPC were involved in financing individual’s elections and nothing was done to even stop the continuation of such abuses of public funds.

“Again, with the 2023 elections approaching, such abuses will continue since there is no political will to sanitise our electoral process,” Rafsanjani said.

Also, the executive director, Resource Centre for Human Rights and Civic Education (CHRICED), Dr Ibrahim M. Zikirullahi said, “This is another scandal in which Nigeria’s oil company has been fingered.”

He lamented that this particular case is even more worrisome because the electoral process itself was targeted.

“The CHRICED believes these allegations should be comprehensively investigated. Who collected the bribes in question, and how were the monies used in the electoral process? These questions demand urgent answers, and those found culpable should be held accountable,” Zikirullahi said.

https://dailytrust.com/1-2m-nnpc-bribe-used-to-finance-jonathan-buhari-elections-report

1 Like 1 Share

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Nebulax: 8:33pm On Sep 24, 2021
Campaign after election lose.. grin

9 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Xagacem: 8:37pm On Sep 24, 2021
Everything concerning Nigeria is always corruption corruption corruption 2019 is long gone now

34 Likes 1 Share

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Gentlerespect76: 8:44pm On Sep 24, 2021
Naija, you are not a country. If you are, your citizens hate you.

22 Likes 2 Shares

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by juve4life: 9:36pm On Sep 24, 2021
European GDP would fall like a rock if they stopped f*cking with Africa. Especially France.

26 Likes 1 Share

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Medical58: 10:10am On Sep 25, 2021
What a failed nation

3 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by googlepikins: 10:10am On Sep 25, 2021
Thank you Lord that this oil thing is fast coming to an end. Then we will all know these whole ONE NIGERIA thing is a big SCAM

10 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by EddyNumerouno(m): 10:11am On Sep 25, 2021
Mr 'i didnt have shoes' and Mr 'I dont have money to buy election form'.
politicians getting fat while nigerian yoots are fighting PDP vs APC.

make we just sell the country and share the money.

15 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by FVckbubuDcow: 10:11am On Sep 25, 2021
Buhari is a cow

6 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by SRANport: 10:11am On Sep 25, 2021
Lord Lugard

Oni ku're

6 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by MANNABBQGRILLS: 10:11am On Sep 25, 2021
For all the politicians that have stolen from the treasury of our darling nation, their end will be badt gan.
Along with their supporters.

8 Likes 3 Shares

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Klchnjoku: 10:12am On Sep 25, 2021
"APC and PDP aren't the same" crew.. here is one for you to make you have a rethink of your myopic belief.

Only a mentally retàrded fellow will believe that one of this party is better than the other when the obvious facts are staring right at everyone of us in the face that this two parties including every single member of this parties are the SAME.

The only different thing about them is in their name, logo and their chosen colour.

12 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by michlins(m): 10:12am On Sep 25, 2021
Oyibo people are helping our corrupt politicians

6 Likes 1 Share

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Phiniter(m): 10:12am On Sep 25, 2021
this is disturbing information

1 Like

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Exentir: 10:12am On Sep 25, 2021
Okay
Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Golandfades: 10:12am On Sep 25, 2021
gacohov:
Massive corruption in this contrapment.

E no go better for lord luggard, olohun gbo
Too sad
Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by kenzysmith: 10:13am On Sep 25, 2021
If am in a position to sell this country na 2 seconds

9 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Freestainworld(m): 10:13am On Sep 25, 2021
The next general election, they might sell Nigeria to the Chinese to finance it, don't be surprised if your children starts speaking in the language you may not understand, simply know they are speaking mandarin.

5 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by laIDIOTsticlala: 10:13am On Sep 25, 2021
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14 Likes 3 Shares

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Nobody: 10:13am On Sep 25, 2021
dre11:
From

https://dailytrust.com/report-how-2019-elections-were-funded-with-bribes-from-europe

According to Bloomberg, a former Glencore Plc employee in July admitted paying a middleman $300,000 to secure a crude shipment from the NNPC, understanding the money would be spent on the nationwide vote that took place four years earlier.

The plot thickens

But seriously, can anyone else explain what is being said here?

Does it mean he was paying for an election that had already taken place?

2 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Rarewppe: 10:13am On Sep 25, 2021
It is well
Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Aidejay(m): 10:14am On Sep 25, 2021
Any time Elections come around the way money pours out in millions of dollars.

2 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Jammy2012(m): 10:14am On Sep 25, 2021
You mean Buhari that had no shoes and money for presidential ticket? This country nawa o grin grin I will do everything possible not to raise children in this corruption rich country. grin

5 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by samtee37(m): 10:14am On Sep 25, 2021
Make all of una get out.

Na Bandit and kidnapping money dem go use finance next Apc election

2 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Tajbol4splend(m): 10:14am On Sep 25, 2021
Who has stolen more money between GEJ and PMB?

3 Likes

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by bigdammyj: 10:14am On Sep 25, 2021
Noted
Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by McOluOmo: 10:15am On Sep 25, 2021
What should we do about it?








Guys wey no get girlfriend get peace of mind

1 Like

Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Seniorwriter(m): 10:15am On Sep 25, 2021
SMH

@SENIORWRITER
Re: $1.2m NNPC ‘Bribe’ Used To Finance Jonathan, Buhari Elections – Bloomberg by Kamelot77(m): 10:15am On Sep 25, 2021
Nigeria is Rich but we're bless with heartless people

2 Likes

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