Nigeria is seeking to extradite a former oil minister accused of alleged wide-scale corruption in four different countries including Britain.
Diezani Alison-Madueke, who served in the government of President Goodluck Jonathan between 2010-2015, is believed to be living in London where she is being investigated by British authorities for suspected bribery and money laundering.
The 58-year-old, who is thought to be living with her mother in a property in the exclusive St John’s Wood district, was arrested by the National Crime Agency in 2015. She is currently on bail and has had her passport revoked while the authorities conduct their investigation.
Ms Alison-Madueke has been linked to three multimillion-pound properties in the British capital, one of which is at the centre of a civil lawsuit by the US Department of Justice. The US authorities believe the property was given to her as a gift in exchange for a lucrative oil contract.
In Nigeria she is being investigated by the Economic and Financial Crimes Commission (EFCC) over allegations of money laundering up to $115 million (Dh535 million).
She was also named alongside Mr Jonathan in an Italian probe into a $1.3bn deal involving oil companies Shell and Eni, accused of receiving kickbacks from the deal. However, the two were not charged by prosecutors.
The Cambridge educated politician, who was also the first female president of Opec, has always denied allegations of wrongdoing.
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The international arrest warrant news comes as current Nigerian leader Muhammadu Buhari begins his campaign for re-election.
Mr Buhari was elected in 2015 promising to recover some of the $230bn that has left Nigeria as a result of corruption since 2004. An estimated $37bn of stolen Nigerian money is believed to be in London.
Nigeria’s anti-corruption Tsar Ibrahim Magu said it wanted to extradite Ms Alison-Madueke because “no prosecution” was progressing in Britain.
Matthew Page, associate fellow at Chatham House, said it was unclear why Nigeria was pushing for her extradition when it was unlikely she would be prosecuted successfully in the country given the state of the judicial system.
“The prosecution is more likely to be successful overseas and the Nigerian anti-corruption authorities have been assisting the US and the UK in their investigations,” he said.
Mr Page told The National the most likely explanation for the request was “pre-election primping” of the Buhari administration’s anti-corruption credentials. Mr Buhari’s main opposition is the People’s Democratic Party, the governing party in which Ms Alison-Adueke served as oil minister.
“Diezani is loathed in Nigeria,” Mr Page said. “To many people she was seen as off the spectrum corrupt in terms of the quantity and the brazenness with which she stole from the state.”
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COMPANY%20PROFILE
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Brighton 1
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SPECS
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What is hepatitis?
Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.
There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.
Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.
People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.
There are an estimated 170 million carriers of Hepatitis C around the world.
The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Company%20Profile
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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Engine: 3-litre twin-turbo V6
Power: 400hp
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The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Teams
Pakistan: Sarfraz Ahmed (captain), Mohammad Hafeez, Sahibzada Farhan, Babar Azam, Shoaib Malik, Asif Ali, Shadab Khan, Shaheen Shah Afridi, Usman Khan Shanwari, Hasan Ali, Imad Wasim, Faheem Ashraf.
New Zealand: Kane Williamson (captain), Corey Anderson, Mark Chapman, Lockie Ferguson, Colin de Grandhomme, Adam Milne, Colin Munro, Ajaz Patel, Glenn Phillips, Seth Rance, Tim Seifert, Ish Sodhi, Tim Southee, Ross Taylor.
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Engine: Dual 180kW and 300kW front and rear motors
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Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
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UAE currency: the story behind the money in your pockets
