Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    XRP Hits $1.50 on Confluence of Positive News for Ripple

    August 22, 2026

    ZEC Soars 25% as Grayscale Moves to Launch Zcash ETF

    August 22, 2026

    NVDAB Price Drops Ahead of NVIDIA Q2 Earnings

    August 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • XRP Hits $1.50 on Confluence of Positive News for Ripple
    • ZEC Soars 25% as Grayscale Moves to Launch Zcash ETF
    • NVDAB Price Drops Ahead of NVIDIA Q2 Earnings
    • Bitcoin Tops $77k as Morgan Stanley Boosts Holdings
    • Crude Oil Prices Decline Amidst Supply Risk Concern
    • Nigeria Discovers Another Fake Agency, Tinubu Suspends Perm Secs
    • Cardano Gains 11% on ETF Inflows, SecondFi Launches Migration Tool
    • Investors Lose N443bn as Stock Market Downturn Enters 9Days
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, August 22
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Diezani Collects GBP100k in Cash as Bribe, UK Prosecutor Tells Court

    Diezani Collects GBP100k in Cash as Bribe, UK Prosecutor Tells Court

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJanuary 28, 2026 News No Comments3 Mins Read
    Diezani Collects GBP100k in Cash as Bribe, UK Prosecutor Tells Court
    Diezani Allison -Madueke, Ex Nigeria Oil Minister
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Diezani Collects GBP100k in Cash as Bribe, UK Prosecutor Tells Court

    The prosecutor, Alexandra Healy, in the ongoing trial of former petroleum minister Diezani Alison-Madueke, on Tuesday told the Crown Court in Southwark, England, that the ex-minister accepted bribes from industry figures seeking lucrative oil and gas contracts in Nigeria.

    Healy, who was addressing the jury at the opening session of the trial, also claimed that Alison-Madueke received £100,000 ($137,680) in cash, as well as accepting flights on private jets, chauffeur-driven cars, and luxury goods from Louis Vuitton and Harrods.

    The 65-year-old former minister was arraigned before the court on a five-count charge of accepting bribes and an additional count of conspiracy to commit bribery, relating to her tenure as Nigeria’s Minister for Petroleum Resources from 2010 to 2015, under the Goodluck Jonathan administration.

    Alison-Madueke is accused of accepting “financial or other advantages” from individuals linked to the Atlantic Energy and SPOG Petrochemical groups between 2011 and 2015.

    She was arraigned before Judge Michael Snow alongside oil industry executive Olatimbo Ayinde and her brother, 69-year-old  Doye Agama, on bribery charges related to the case.

    Alison-Madueke had pleaded not guilty to the charge and was granted bail by the court in October 2015 when she was first arrested. When the matter resumed on Tuesday, Healy emphasised the importance of fighting corruption.

    “Bribery and corruption undermine the proper functioning of the global market,” she said and highlighted the need to prevent corruption from spreading internationally.

    The prosecutor alleged that the former minister, who served from 2010 to 2015 under President Goodluck Jonathan, frequently stayed in high-end properties provided by those interested in contracting with Nigerian state oil firms in exchange for favours.

    She also stated that Alison-Madueke received luxury goods and property from individuals who believed she would use her influence to benefit them.

    Healy, however, said that no evidence suggested she awarded contracts improperly, but she insisted that the defendant’s acceptance of benefits from those engaged in highly profitable oil-and-gas dealings with government entities was inappropriate given her position.

    The prosecutor accused the second defendant, Ayinde, of bribing Alison-Madueke between 2012 and 2014 and also bribing the then-managing director of the state-owned Nigerian National Petroleum Corporation (NNPC), Emmanuel Ibe Kachikwu, who is also not on trial, in 2015.

    Healy alleged that, after Jonathan was replaced as president by Muhammadu Buhari in 2015, Ayinde paid a “substantial bribe” to Kachikwu to ensure that her friend remained employed at NNPC.

    In 2023, the UK’s National Crime Agency (NCA) formally charged Alison-Madueke, alleging she took bribes over four years from 2011 to 2015, during which she held considerable power in Nigeria’s oil industry.

    NCA had claimed, “We suspect Diezani Alison-Madueke abused her power in Nigeria and accepted financial rewards for awarding multi-million-pound contracts. #Diezani Collects GBP100k in Cash as Bribe, UK Prosecutor Tells Court#

    ECA, Nigeria Strengthen Capacity to Curb Illicit Financial Flows

    Diezani Alison-Madueke
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    XRP Hits $1.50 on Confluence of Positive News for Ripple

    ZEC Soars 25% as Grayscale Moves to Launch Zcash ETF

    NVDAB Price Drops Ahead of NVIDIA Q2 Earnings

    Bitcoin Tops $77k as Morgan Stanley Boosts Holdings

    Crude Oil Prices Decline Amidst Supply Risk Concern

    Nigeria Discovers Another Fake Agency, Tinubu Suspends Perm Secs

    Add A Comment

    Comments are closed.

    Editors Picks

    XRP Hits $1.50 on Confluence of Positive News for Ripple

    August 22, 2026

    ZEC Soars 25% as Grayscale Moves to Launch Zcash ETF

    August 22, 2026

    NVDAB Price Drops Ahead of NVIDIA Q2 Earnings

    August 22, 2026

    Bitcoin Tops $77k as Morgan Stanley Boosts Holdings

    August 21, 2026

    Crude Oil Prices Decline Amidst Supply Risk Concern

    August 21, 2026
    Latest Posts

    XRP Hits $1.50 on Confluence of Positive News for Ripple

    August 22, 2026

    ZEC Soars 25% as Grayscale Moves to Launch Zcash ETF

    August 22, 2026

    NVDAB Price Drops Ahead of NVIDIA Q2 Earnings

    August 22, 2026

    Bitcoin Tops $77k as Morgan Stanley Boosts Holdings

    August 21, 2026

    Crude Oil Prices Decline Amidst Supply Risk Concern

    August 21, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.