Wednesday, July 22, 2015

BUhari Exposed Former Ministers Oil Money Laundering Cases

BUhari Exposed Former Ministers Oil Money Laundering

Nigeria's President Muhammadu Buhari has pledged to recover "mind-boggling" amounts of Nigeria's stolen oil money and bring those responsible to justice.

The 72-year-old head of state, in Washington for talks with US officials, alleged that 250,000 barrels of crude were being stolen every day by former ministers of the past regime, with the profits going into individual bank accounts.

Buhari, a former military ruler, has carved a reputation as a no-nonsense crusader against graft and has vowed the corrupt and corruption "will have no place" in his government.

He told members of Nigerians In Diaspora Organisation,at the Nigerian Embassy in Washington on Tuesday evening that the United States and other countries "are helping us to trace such accounts now".

"250,000 barrels per day of Nigerian crude are being stolen and people sell and put the money into individual accounts''

"We will ask that such accounts be frozen and prosecute the persons. The amount involved is mind-boggling. Some former ministers were selling about one million barrels per day," he alleged.

"I assure you that we will trace and repatriate such money and use the documents to prosecute them," he said, according to a statement from his spokesman Femi Adesina.


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