Dino Melaye alleges Minister of Trade helped MTN move $13.92bn out of Nigeria illegally

Senator Dino Melaye today alleged that the Minister of Trade and Investment, Okechukwu Enelamah, colluded with telecommunication company, MTN to illegally move $13.92billion out of Nigeria between 2006 and 2016. In a motion on the floor of the senate, Dino mentioned names of other Nigerians whom he alleged were complicit in the act. He said; “The senate notes with serious concern the repatriation of $13.92bn illegally out of Nigeria by Mobile Telecommunication Limited (MTN) through its bankers between 2006 and 2016. Concerned that since inception, MTN had sought the collaboration of influential and unpatriotic Nigerians to assist them in looting our external reserves. Pained that these Nigerians, including a serving minister who MTN used in moving $13.92bn out of Nigeria, which is over 50 percent of our external reserves floated and incorporated offshore SPVs in Cayman Island, Mauritius and British Virgin Island. The minister of industry, trade and investment, Dr Okechukwu ...