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I Was ‘Madame Due Process,’ Ex-OPEC Head Says At Bribery Trial

Lucca de Paoli
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⚡ Quantum Brief
Former Nigerian Oil Minister Diezani Alison-Madueke testified in a London bribery trial, defending her tenure by claiming she fought corruption in the country’s oil sector. She described the industry as controlled by "a few cabals" when she took office in 2010, vowing to reform it by increasing transparency and competition. Alison-Madueke faces criminal charges of bribery, though she asserts her actions were aimed at dismantling entrenched corruption in Nigeria’s oil governance. During her testimony, she referred to herself as "Madame Due Process," emphasizing her commitment to procedural fairness in awarding contracts. The trial highlights ongoing scrutiny of Nigeria’s oil sector, where systemic corruption has long been a critical issue for global energy markets.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Diezani Alison-Madueke said she sought to increase transparency and competition in Nigeria’s oil industry while she was minister overseeing the sector at a London trial where she faces criminal charges of bribery.Alison-Madueke said that when she arrived as oil minister in 2010 she found an industry that was run by “a few cabals” and had intended to tackle the corruption that she said had ravaged the sector in the country.

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Source: Bloomberg Markets

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