EFCC arrests Diezani’s cousin over oil deals

Cat:

Related stories

Edwin Cortes: Prefers Being A Small Puerto Rican Than Big American

By Owei Lakemfa To be a citizen of the United...

June 12 And The International Pursuit of Justice For Abiola, By Femi Falana

The June 12, 1993, pro-democracy struggle in Nigeria is...

Breaking Down the West’s $146 Billion 2024 Defence Technology Investment

Advanced technologies like drones, sensors, and even artificial intelligence...

G7 vs. the World: GDP, Population, and Military Strength

Key Takeaways G7 countries represent 28.4% of global GDP...

US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says

U.S. energy firms this week cut the number of...

Barely a week after Admiral Alison Madueke (retd) was invited by the Economic and Financial Crimes Commission, EFCC, the anti-graft agency yesterday, moved against Mr. Donald Chidi Amamgbo, a cousin of the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. Donald Chidi Amamgbo, believed to have played a pivotal role in oil lifting while Mrs. Alison-Madueke held sway as Petroleum Minister, was arrested in Lagos at about 4.20p.m. yesterday. sources learned that Amamgbo is chief executive of Mezcor Oil and Gas limited, Tridax Oil and Gas Limited, Lynear Energy Limited and Bulk Strategic Reserves Limited.

Operatives also searched his Abuja office and premises at 5, Sannar Street, Wuse 2. A source in the agency disclosed that sensitive documents, showing how the firm bought choice property, were retrieved during the search. Amamgbo allegedly got approval to lift Nigerian crude oil without any requisite experience. Through his companies, Amamgbo was said to have lifted crude oil and gas worth billions of dollars over a period of four years. Sources at the commission said investigation into the case was continuing. At press time, it was not clear if he would be granted administrative bail. The arrest of Amamgbo comes barely a week after the EFCC quizzed Diezani’s husband over some cash found in his accounts. He was, however, released after making statement to the operatives.

Culled From Vnaguard
Culled From Vnaguard
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Edwin Cortes: Prefers Being A Small Puerto Rican Than Big AmericanJune 12 And The International Pursuit of Justice For Abiola, By Femi FalanaBreaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military StrengthUS drillers cut oil and gas rigs for 10th week in a row, Baker Hughes saysExclusive! Tinubu Tips Late Ajimobi's Wife, Florence, Others for Ambassadorial PostsTinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsHow Super Eagles Icon Peter Rufai passed Away at 61Dakuku Peterside’s Beneath the Surface Book Out in OctoberOil Prices Dip on Confirmation of Inventory BuildBuhari In Stable Condition - Ex-Aide ConfirmsBREAKING: Ex-President Buhari sick, hospitalised abroad
X whatsapp