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Diezani Alison- Madueke, Nigeria's former minister of Petroleum Resources has finally addressed media reports accusing her of involvement in a shady multi-million oil deal with India.
A Former Petroleum Minister Has Given Insight Into How India Planned To Defraud Nigeria In An Oil Deal While Demanding Apology From Its High Commissioner Over Spurious Allegations.
Immediate past Minister for Petroleum Resources, Mrs. Diezani Alison- Madueke, has dismissed allegations made by the Indian High Commissioner to Nigeria, Mr. Ajjampur R. Ghanashyam, to the effect that, as minister, she “sat” on a $15 billion oil deal, describing it as spurious, unfounded and libelous.
Alison-Madueke, who spoke through her lawyers, Messers Chike Amobi and Co. said the High commissioner’s acrimony towards her was due to the refusal of the Federal Government to allow the Indian company, Oil and Gas Commission Videsh Limited (OVL), to default on its contractual obligation to provide a $6 billion investment, (around RS 36, 600 crore) in an 180,000 barrels (bpd) Greenfield refinery and 2,000 megawatt power plant, or railway line, from East to West of Nigeria.
The UNION understands that had the request been approved, India would have defrauded Nigeria in the deal. In a statement made available to journalists in Abuja by her lawyers, the former minister said the publication by Mr. Ajjampur R. Ghanashyam, to the effect that she delayed the approval of oil concession to Indian companies, Oil and Gas Commission Videsh Limited (OVL) and Mittal Energy International JV, OMEL (MITTAL) in 2006, after receiving a $25,000,000.00 signature bonus, was spurious, false and lacking in substance.
Alison-Madueke said that she was not the Minister of Petroleum Resources in 2006 when the Indian companies entered into the said contractual agreement with the Federal Government and as such could not have received any signature bonus either as citizen or minister of the Federal Republic. She also said she had no personal reason to sit on the contract and wondered why the High Commissioner will choose to malign her rather than commend her for acting dispassionately in recommending refund of the said signature bonus to the Indians when the matter was brought to her attention at the twilight of her tenure as Minister.
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SOURCE: THE UNION
A Former Petroleum Minister Has Given Insight Into How India Planned To Defraud Nigeria In An Oil Deal While Demanding Apology From Its High Commissioner Over Spurious Allegations.
Immediate past Minister for Petroleum Resources, Mrs. Diezani Alison- Madueke, has dismissed allegations made by the Indian High Commissioner to Nigeria, Mr. Ajjampur R. Ghanashyam, to the effect that, as minister, she “sat” on a $15 billion oil deal, describing it as spurious, unfounded and libelous.
Alison-Madueke, who spoke through her lawyers, Messers Chike Amobi and Co. said the High commissioner’s acrimony towards her was due to the refusal of the Federal Government to allow the Indian company, Oil and Gas Commission Videsh Limited (OVL), to default on its contractual obligation to provide a $6 billion investment, (around RS 36, 600 crore) in an 180,000 barrels (bpd) Greenfield refinery and 2,000 megawatt power plant, or railway line, from East to West of Nigeria.
The UNION understands that had the request been approved, India would have defrauded Nigeria in the deal. In a statement made available to journalists in Abuja by her lawyers, the former minister said the publication by Mr. Ajjampur R. Ghanashyam, to the effect that she delayed the approval of oil concession to Indian companies, Oil and Gas Commission Videsh Limited (OVL) and Mittal Energy International JV, OMEL (MITTAL) in 2006, after receiving a $25,000,000.00 signature bonus, was spurious, false and lacking in substance.
Alison-Madueke said that she was not the Minister of Petroleum Resources in 2006 when the Indian companies entered into the said contractual agreement with the Federal Government and as such could not have received any signature bonus either as citizen or minister of the Federal Republic. She also said she had no personal reason to sit on the contract and wondered why the High Commissioner will choose to malign her rather than commend her for acting dispassionately in recommending refund of the said signature bonus to the Indians when the matter was brought to her attention at the twilight of her tenure as Minister.
Click here to read more
SOURCE: THE UNION
