Tag: US-FBI

FBI charges top NNPC official over $2.1m bribes to help Addax Petroleum escape $2.4bn liability to Nigeria

Aminu Imam
NNPC FBI agents

A senior Nigerian National Petroleum Corporation (NNPC) official has been slammed with bribery and tax-related charges in the United States, court filings have revealed. A jury recently returned a three-count indictment against Paulinus Iheanacho Okoronkwo after the Federal Bureau of Investigation, (FBI), found that he used his position as a general manager in NNPC’s upstream department to obtain at least $2.1 million in bribes. The alleged bribe was to assist Addax Petroleum escape its $2.4 billion liability to Nigeria as part of an oil-lifting contract that began in 2001, the…

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Alleged $2.4bn bribe: Top NNPC official charged by FBI in U.S. on Addax Petroleum case

Aminu Imam

A senior Nigerian National Petroleum Corporation (NNPC) has been slammed with bribery and tax-related charges in the United States, according to court filings. A jury recently returned a three-count indictment against Paulinus Iheanacho Okoronkwo after the Federal Bureau of Investigation found that he used his position as a general manager in NNPC’s upstream department to obtain at least $2.1 million in bribes. The alleged bribe was to assist Addax Petroleum escape its $2.4 billion liability to Nigeria as part of an oil-lifting contract that began in 2001, the January 10,…

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