Newly opened lawsuits in London and New York have shed light on how bribe that trading firms paid agents to win oil contracts from Nigeria’s state oil company may have raised funds for the country’s past two elections in 2015 and 2019.
An ex-British Petroleum Plc, BP oil trader alleged this week that cargo allocations by the Nigerian National Petroleum Corp. could have contributed to preparations for general elections in 2019, Bloomberg reported.
And a former Glencore Plc employee in July admitted paying a middleman $300,000 to secure a crude shipment from the NNPC, understanding the money would be spent on the nationwide vote that took place four years earlier.
A spokesman for the NNPC didn’t respond to three calls and three text messages seeking comment.
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