In a continuation of the probe into how the Peoples Democratic Party
allegedly bribed some officials of the Independent National Electoral
Commission before the 2015 presidential election, the Economic and
Financial Crimes Commission has arrested an oil tycoon, Mr. Laitan
Adesanya, for his alleged role in the $115m (N23bn) bribe funds.
It was learnt on Sunday that Adesanya, who is the Chief Executive Officer of Lenoil Nigeria Limited, was arrested by the EFCC in Lagos on Friday.
The anti-graft agency had, last week, arrested the Managing Director of Fidelity Bank Plc, Mr. Mr. Nnamdi Okonkwo and the bank’s Head of Operations, Mr. Martin Izuogbe.
Adesanya was alleged to have handed $1.85m to the bank based on the instruction of a former Minister of Petroleum Resources, Diezani Alison-Madueke.
Other companies, which allegedly handed over money to the bank MD, included Northern Belt Gas Company Limited ($60m); Auctus Integrated ($17.8m); and Midwestern Oil and Gas ($9.5m).
It was learnt on Sunday that Adesanya, who is the Chief Executive Officer of Lenoil Nigeria Limited, was arrested by the EFCC in Lagos on Friday.
The anti-graft agency had, last week, arrested the Managing Director of Fidelity Bank Plc, Mr. Mr. Nnamdi Okonkwo and the bank’s Head of Operations, Mr. Martin Izuogbe.
Adesanya was alleged to have handed $1.85m to the bank based on the instruction of a former Minister of Petroleum Resources, Diezani Alison-Madueke.
Other companies, which allegedly handed over money to the bank MD, included Northern Belt Gas Company Limited ($60m); Auctus Integrated ($17.8m); and Midwestern Oil and Gas ($9.5m).