Anti Corruption Agency Investigates Ex Petrol Minster, Diezani Madueke’s Investment In Aiteo’s OML 29 As Buyers Wait In The Wing To Snap Up Troubled Oil Baron Ben Peters $2.7billion Cash Cow

…as stakeholders quietly put their interest in the market

Information available have it that anti corruption agency is intensely probing the stake of ailing former petroleum minister Diezani AllsionMadueke in the acquisition of much talked about oil block Shell OML 29 by Aiteo.

Societynowng.com learnt the move is part of the ongoing grand investigation of protracted allegations of corruption against the former petrol minister said to in London undergoing treatment for cancer.

Shell Oml 29 was acquired by Aiteo consortium spearheaded by group head Ben Peters months back for $2.7billion.
Peters who is said to have benefited massively from the undergoing probe regime of Diezani Maudeke in the petroleum sector has faced been decorated with talks of acting as front for the former minister in the deal ever since.

Though he has consistently denied it, the allegations which have refused to go away is said to have piqued the interest of anti corruption agencies, particularly the Economic and Financial Crimes Commission.

Sources confirmed keen to recoup all confirmed wealth gathered in under the table deals, the agency is intensely looking at how the fund that was used to acquire shell Oml 29 was put together.

Societynowng.com learnt the intensity of the interest of the anti corruption agency is said to have unnerved some of the stakeholders in the Aiteo Consortium.

‘’some of them have quietly put their stake in the market or shopping for buyers under the radar as part of moves to distance themselves from the unravelling development’’ an insider divulged.

Addition digs by societynowng.com learnt a major guarantor for the bulk of the $2.7billion that was used to purchase the oil bloc is

pushing for the sale as well before things go south with investigators.

Insiders however claim interested buyers in the know of ongoing EFCC investigation to determine the involvement of former petrol minister Diezani Madueke are however being cautious of acquiring a mega investment that is subject of interest of anti corruption agency.

‘’They want the EFCC to conclude it’s case and take the investment off it’s watch list before making concrete steps to purchase’’ a source explained.

According to another source ‘’those are the happenstances that sparked off the raging talks that OML 29 is up for sale, major promoter Ben Peters is reluctant to sell but other stakeholders want to cut their losses in the face of linkage to some one that is a person of interest to the government’’

Societynowng.com however learnt in the face of all these unraveling drama Ben Peters himself said to be the subject of this and that investigation and his handlers continue to insist former Petroleum Minister Madueke has nothing to do with the purchase of Oml 29 or businesses of Aiteo Group.