• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, May 11, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

$80m Glencore Bribe: CSOs Seek Prosecution Of Nigerian Officials

by Sunday Isuwa
2 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

A Coalition of Civil Society Organisations (CSOs) in Nigeria has called for the prosecution of Nigerian officials involved in collecting about $80m bribes from a Swiss multinational commodity trading and mining company, Glencore.

According to the CSOs, the Nigerian authorities should investigate and hold public officials accountable for accepting bribes from Glencore, which they said had admitted paying bribes to Nigerian officials.

The CSOs seeking for the investigation and the prosecution of officials were Transparency International (TI), the Civil Society Legislative Advocacy Centre (CISLAC), and the Transition Monitoring Group (TMG).

Speaking through their leader, Awwal Musa Rafsanjani, in a message in TI Annual Newsletter in Berlin, Germany, they said: “Glencore has admitted that it paid bribes to Nigerian officials in connection with deals involving the purchase of oil and petroleum products from Nigeria’s state-owned company.

RELATED

LG To Unveil Refrigerators With Advanced Cooling Technology

LG To Unveil Refrigerators With Advanced Cooling Technology

26 minutes ago
CIBN To Hold AGM

CIBN To Hold AGM

27 minutes ago

“It is time for Nigerian authorities to investigate these allegations and hold those responsible to account.”

Despite Glencore facing repercussions for bribery, public officials on the receiving end had not faced consequences.

“The same can be said for over US$1billion paid in bribes by Eni and Royal Dutch Shell for the rights to the OPL 245 offshore oilfield, to members of President Goodluck Jonathan’s administration.

“Nigeria could lose as much as US$5 billion because of the questionably negotiated fiscal terms under the deal, in addition to the US$1.1bn that it already lost due to corrupt payments, according to Italian prosecutors,” Rafsanjani, who heads Transparency International’s Nigeria chapter and 10 other chapters of Transparency International said while urging US lawmakers to adopt the Foreign Extortion Prevention Act (FEPA) to support anti-corruption efforts in their countries.

“FEPA would provide a valuable tool to help countries like Nigeria combat corruption and hold their officials accountable for accepting bribes.

“We urge US lawmakers to pass this important legislation,” Rafsanjani added.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

Dembele Turns Down €200m Offer From Al-Nassr

Next Post

Deputy Senate President Appoints Varsity Don, Journalist, Others As Aides

Sunday Isuwa

Sunday Isuwa

Sunday Isuwa is an award winning journalist with over 15 years of experience. Currently at LEADERSHIP Media Group, he has published thousands of articles that have helped in shaping Democracy, Good Governance in Nigeria, Africa and the world at large. His Twitter handle is @IsuwaSunday 

You May Like

LG To Unveil Refrigerators With Advanced Cooling Technology
Business

LG To Unveil Refrigerators With Advanced Cooling Technology

2025/05/11
CIBN To Hold AGM
Business

CIBN To Hold AGM

2025/05/11
Analysts See Inflation Rising Above 32% In March
Business

Companies Worried About Macroeconomic Volatility, Inflation Rate

2025/05/11
Rockefeller Foundation To Unlock $110bn Investment In Developing Countries
Business

Rockefeller Foundation To Unlock $110bn Investment In Developing Countries

2025/05/11
Dangote Seeks End To Petrol Subsidy
News

Dangote Reappointed Chancellor, Donates N15bn To ADUSTECH

2025/05/11
Gala Sausage Roll Celebrates Workers With Free Bus Rides
News

Gala Sausage Roll Celebrates Workers With Free Bus Rides

2025/05/11
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

LG To Unveil Refrigerators With Advanced Cooling Technology

CIBN To Hold AGM

Companies Worried About Macroeconomic Volatility, Inflation Rate

Rockefeller Foundation To Unlock $110bn Investment In Developing Countries

Dangote Reappointed Chancellor, Donates N15bn To ADUSTECH

Gala Sausage Roll Celebrates Workers With Free Bus Rides

Huawei Nigeria Launches Innovation Centre, Commits To Industrial Digitalisation

Ogwus Gets National Leadership Outstanding Award

Anambra Govt Sanctions School Over Sale Of Head Prefect Position

NGO Begins Ward-to-Ward Campaign To Increase Women Participation In Governance

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.