Across Nigeria Corruption Matters Main News News Reports Whistle Blower

Diezani moved $115.01m, gave Belgore, Sulaiman N450m

An official of Fidelity Bank Plc, Mr Timothy Olaobaju, on Monday, narrated how a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, stashed a sum of $115,010,000 in the bank with subsequent instruction to change it into naira and distribute it among individuals in the 36 states of the federation.

Among the beneficiaries, Olaobaju said, were a Senior Advocate of Nigeria, Mr Dele Belgore; and a former Minister of National Planning, Prof. Abubakar Sulaiman, who both received N450m.

Olaobaju said this on Monday when he appeared as a prosecution witness before Justice Rilwan Aikawa of the Federal High Court in Lagos where Belgore and Sulaiman are being tried for alleged money laundering involving N450m.

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