Nigeria/EITI

NEITI Urges Nigeria To Seek Out Officials Involved In Glencore Bribery Scandal

Nigeria Extractive Industries Transparency Initiative NEITI logo

By Kelvin Alohan

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reiterated it calls for the federal government to effectively investigate and determine the involvement of Nigerian officilas in the Glencore bribery scandal.

The renewed call was made by the NEITI National Stakeholders Working Group (NSWG), asking the Federal Government to establish a Special Investigation Panel on the Glencore bribery to ascertain which Nigerian government officials in the oil and gas industry are among those alleged to have received the bribe payments to facilitate and secure crude oil contracts and other business advantages for Glencore.

Extractive 360 reports that Glencore is one of Nigeria’s oil traders that were convicted in the United States and Britain for paying bribes in various sums to some government officials in Nigeria, Cameroun, Cote d’Ivoire, Equatorial Guinea, Democratic Republic of Congo, Brazil, and Venezuela over a period of 10 years.

The global public disclosure about Glencore was made by the United States Department of Justice which later convicted Glencore of the said crime. Glencore has pleaded guilty to the charges and agreed to pay over $1.1 billion to the United States Government.

However, Extractive 360 learnt that following NEITI’s request to the Federal Government to launch investigations into the bribery scandal, assurances were received by NEITI that the matter is under investigation.

NEITI through its Head, Communications and Advocacy, Obiageli Onuorah, adds that it strongly believes that the special investigative panel on Glencore bribery scandal will fast-track the investigations towards determining and prosecuting the culprits in view of the huge implications to the country’s investment drive and global image.

 

 

 

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