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Monday, 5 October 2015

Former President, Olusegun Obasanjo Shared $74million Halliburton Bribe -Okiro Panel

Former President, Olusegun Obasanjo has been fingered in the Haliburton bribe scandal.

Former President Olusegun Obasanjo

Former President Olusegun Obasanjo, who led Nigeria from 1999-2000, during which time he swore to fight corruption in the country, obtained considerable helpings of the infamous Haliburton bribe money, the Special Investigation Panel headed by Inspector-General of Police, Mike Okiro, has declared in an interim report.

According to the document, which was submitted to *President Umaru Yar’Adua in May last year by Mr. Okiro, Obasanjo shared the sum of $74 million USD between 2000 and 2001 with his Vice-President, Atiku Abubakar, as well as Funsho Kupolokun and Gaius Obaseki, who were successive heads of the Nigeria National Petroleum Corporation during the government’s early years.


During that same time span, said the interim report, Obasanjo and the ruling party, the People’s Democratic Party, also pocketed $5m from the Halliburton slush funds.


Other major beneficiaries included General Sani Abacha, who got $40 million in 1994-95; Ibrahim Aliyu, $11.7million in 2001-2002; former Minister, Dan Etete, $2.5 million in 1996-1998; Abdulkadir Abacha, $1.8 in 1998; and M. G. Bakari, $3.1 million, Aisha Buhari received $1.8m.

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