November 02, 2016

EFCC Grills Ex-AGF Aondoakaa Over $182million Fraud

The Economic and Financial Crimes Commission (EFCC) on Tuesday grilled a former Minister of Justice and Attorney General of the Federation, Michael Aondoakaa (SAN), for his alleged role in the controversial $182m Halliburton scandal.

It was learnt that Aondoakaa, who served as AGF under the late President Umaru Yar’adua, arrived the office of the EFCC around 10am and was grilled for about eight hours.

As of 7pm, he was still in EFCC custody, an indication that he may spend the night in custody.

A source at EFCC said, “Aondoakaa has been in our custody since morning and has been answering questions on his alleged role in the Halliburton scandal. More details will be revealed later.”

According to Punch, Aondoakaa had been accused of frustrating investigations into the case during his time as the AGF between 2007 and 2010.

The Halliburton case relates to an alleged $182m contract involving a four-company joint venture to build a liquefied natural gas plant on Bonny Island.

Earlier in 2009, KBR, a former subsidiary of Halliburton, agreed to pay $402m after admitting that it bribed Nigerian officials, and Halliburton paid $177m to settle allegations by the US Securities and Exchange Commission without admitting any wrongdoing.

In mid-December 2010, the case was settled when Nigeria agreed to drop the corruption charges against the company’s former boss, Dick Cheney (and former US Vice-President); and Halliburton in exchange for a settlement of over $200m settlement.

However, no Nigerian official involved in the scandal has been jailed.

The Office of the AGF under the leadership of Mohammed Adoke (SAN) set up a team of 5 lawyers which would ensure the swift recovery of the funds.

Strangely, $26m was paid to the lawyers as legal fees under controversial circumstances.

The Nigerian lawyers who got the money are:
Ex-President of the Nigerian Bar Association, Joseph Daudu (SAN); Emmanuel Ukala (SAN), Chief Godwin Obla (SAN), Mr. Damian Dodo (SAN) and Mr. Roland Ewubare, who have all been quizzed by the EFCC.

3 comments:

ats three said...

One day bush meat go catch the hunter...

Hassan Aderemi said...

It is becoming clearer day in day out serious fight of corruptions against some "elephants" as requested by Rueben Abati

Anonymous said...

I doubt if this so called Halliburton issue can be cracked by EFCC.

Charles