Frauds & Scandals

Nigeria starts investigating crude oil swap contracts

Sat Jun 13, 2015/Reuters Nigerian authorities have launched an investigation to determine whether the government has been short-changed by a state oil company scheme to swap crude for refined products, the company, three oil traders and a security source said.    The Nigerian government may be losing money through opaque […]

Allison-Madueke dumps cronies as House Reps tighten Noose

June 12, 2015/huhuonline.com In what industry watchers said was a desperate last ditch effort to cover-up her close ties with the founders of Atlantic Energy, Kola Aluko and Jide Omokore (boss of Energy Resources Group), Huhuonline has learned that embattled former Petroleum Resources Minister, Diezani Allison-Madueke dumped her cronies as […]

BREAKING: Nigeria Fires Accountant General – Source

June 12, 2015/The Will Mr. Jonah Otunla has been removed from office as Nigeria’s Accountant General, a source familiar with the development is telling THE WILL. The source said Otunla was removed from office because he allegedly misappropriated N2.5 billion of security agencies’ funds. The source said Mohammed Dikwa, from […]