L
LequteMan
Guest
Emir of Kano, Muhammadu Sanusi, has stated that aides and associates of ex President Goodluck Jonathan stole about $1bn from the nation every month.
“In Nigeria, there is no accountability at all and that is why I think Nigeria’s corruption is worse than corruption in most parts of the world. It is the worst type of corruption. It’s stealing.
“Frankly, I think a billion dollars under Jonathan a month was about what we were losing.”
The former CBN governor said many shady deals took place under the immediate past Minister of Petroleum, Diezani Alison-Madueke, who is being investigated in the United Kingdom.
Explaining how some of the shady deals took place, Sanusi said, “Basically, all it does is allow a group of people, who themselves don’t have any kind of operating background, to pay $50m for access to the crude oil in blocs, valued at over $2bn and they just take the crude oil, ship it out and don’t return the money and there is no trace of where the money has gone.
“Someone gets a contract to lift crude from the terminals to the refineries and in between, that crude is stolen; it is stolen on the high sea.”
He spoke during a programme titled ‘How a cancer of corruption steals Nigerian oil, weapons and lives’, which aired on The PBS NewsHour, an American daily evening television show.
“In Nigeria, there is no accountability at all and that is why I think Nigeria’s corruption is worse than corruption in most parts of the world. It is the worst type of corruption. It’s stealing.
“Frankly, I think a billion dollars under Jonathan a month was about what we were losing.”
The former CBN governor said many shady deals took place under the immediate past Minister of Petroleum, Diezani Alison-Madueke, who is being investigated in the United Kingdom.
Explaining how some of the shady deals took place, Sanusi said, “Basically, all it does is allow a group of people, who themselves don’t have any kind of operating background, to pay $50m for access to the crude oil in blocs, valued at over $2bn and they just take the crude oil, ship it out and don’t return the money and there is no trace of where the money has gone.
“Someone gets a contract to lift crude from the terminals to the refineries and in between, that crude is stolen; it is stolen on the high sea.”
He spoke during a programme titled ‘How a cancer of corruption steals Nigerian oil, weapons and lives’, which aired on The PBS NewsHour, an American daily evening television show.
