Resources: Nigeria, Press release

2 results
Complaint submitted to UK Parliamentary Ombudsman

8 May 2012

Nigerian anti-corruption whistleblower Dotun Oloko today accused  Britain’s Department of International Development (DfID) and its private sector arm, the CDC Group, of jeopardising criminal investigations into potential wrongdoing by two CDC-backed private equity funds, Emerging Capital Partners and Ethos.

In 2009, Mr Oloko supplied DfID with detailed information on investments by the two funds in companies alleged to have acted as money laundering fronts for James Ibori, the former Nigerian state governor who was sentenced last month for money laundering and fraud.

16 April 2012

Campaigners slam government’s development approach as DfID-backed private equity fund comes under criminal investigation in Nigeria