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    Home > Finance > Nigeria's ex-oil minister Alison-Madueke given 'luxury' life, UK bribery trial told
    Finance

    Nigeria's ex-oil minister Alison-Madueke given 'luxury' life, UK bribery trial told

    Published by Global Banking & Finance Review®

    Posted on January 27, 2026

    4 min read

    Last updated: January 27, 2026

    Nigeria's ex-oil minister Alison-Madueke given 'luxury' life, UK bribery trial told - Finance news and analysis from Global Banking & Finance Review
    Tags:international financial institutionfinancial communityoil and gasUK economy

    Quick Summary

    Diezani Alison-Madueke, former Nigerian oil minister, is on trial in the UK for bribery, accused of accepting cash and luxury goods for oil contracts.

    Table of Contents

    • Alison-Madueke's Alleged Corruption and Luxury Lifestyle
    • Background on Diezani Alison-Madueke
    • Details of Bribery Allegations
    • Impact of Corruption on Nigeria's Oil Wealth

    UK Trial Reveals Luxury Lifestyle of Nigeria's Ex-Oil Minister Alison-Madueke

    Alison-Madueke's Alleged Corruption and Luxury Lifestyle

    By Sam Tobin and Robert Harvey

    Background on Diezani Alison-Madueke

    LONDON, Jan 27 (Reuters) - Former Nigerian oil minister Diezani Alison-Madueke took bribes including luxury goods and the use of high-end properties from industry figures interested in lucrative oil and gas contracts, British prosecutors said at her corruption trial on Tuesday.

    Details of Bribery Allegations

    Alison-Madueke was minister for petroleum resources between 2010 and 2015 under then-president Goodluck Jonathan and was also briefly president of the Organization of the Petroleum Exporting Countries, the first woman to hold either role.

    Impact of Corruption on Nigeria's Oil Wealth

    The 65-year-old is now one of the most high-profile former energy officials to stand trial for alleged corruption, having been charged in 2023 with five counts of accepting bribes and a charge of conspiracy to commit bribery, which she denies.

    Prosecutor Alexandra Healy told jurors at London's Southwark Crown Court that Alison-Madueke "enjoyed a life of luxury in London", where she often stayed, provided by those interested in contracts with Nigerian state-owned companies.

    ACCUSED OF ACCEPTING USE OF PRIVATE JET

    Healy said Alison-Madueke was given the use of high-end properties and vast quantities of luxury goods by people who "clearly believed she would use her influence to favour them".

    There was no evidence Alison-Madueke awarded contracts to someone who should not have had one, but it was improper for her to have accepted benefits from those doing business with government-owned entities, Healy said.

    Alison-Madueke sat in the dock alongside oil industry executive Olatimbo Ayinde, 54, who is charged with one count of bribery relating to Alison-Madueke and a separate count of bribery of a foreign public official.

    Alison-Madueke's brother, 69-year-old Doye Agama, is charged with conspiracy to commit bribery relating to Agama's church and is listening to the trial by video link for medical reasons.

    Ayinde and Agama also deny the charges against them.

    Alison-Madueke is accused of accepting various financial benefits from individuals in the Nigerian oil industry between 2011 and 2015. They include the use of a chauffeur-driven car and a private jet.

    She is also alleged to have had her son's school fees paid by Nigerian businessman Benedict Peters, who is named on the indictment but is not facing trial.

    NIGERIA'S OIL WEALTH

    Kolawole Aluko, another Nigerian businessman who is named in one charge but is not standing trial, spent more than 2 million pounds ($2.75 million) on items for Alison-Madueke at Harrods alone, Healy told the court.

    Alison-Madueke frequently stayed with her family in a mansion outside London provided for her by Aluko, who had bought the property through a company for 3.25 million pounds and paid for bills, staff and refurbishments, Healy added.

    Ayinde is charged with bribing Alison-Madueke between 2012 and 2014 and also bribing the then-managing director of the state-owned Nigerian National Petroleum Corporation, Emmanuel Ibe Kachikwu, who is also not on trial, in 2015.

    Healy said that, after Jonathan was replaced as president by Muhammadu Buhari in 2015, Ayinde paid a "substantial bribe" to Kachikwu to ensure her friend continued to work in the NNPC.

    Nigeria is one of the world's largest producers of oil and the largest in Africa, extracting around 1.53 million barrels per day in December according to a Reuters survey, which is around 1.4% of global supply.

    But mismanagement and corruption, among other factors, have hampered development and prevented its oil wealth from benefiting wider Nigerian society.

    Healy told the jury that, while it might seem unusual for allegations of bribing Nigerian officials to be heard in London, it reflected the links to Britain the three defendants had.

    She said corruption "undermines the proper functioning of the global market" and it was important to stop conduct in Britain which could further corruption elsewhere.

    ($1 = 0.7266 pounds)

    (Reporting by Sam Tobin and Robert Harvey; Editing by William James and Alison Williams)

    Key Takeaways

    • •Diezani Alison-Madueke is on trial in the UK for bribery charges.
    • •She allegedly accepted cash and luxury goods for oil contracts.
    • •The trial is held at London's Southwark Crown Court.
    • •Co-defendants include Olatimbo Ayinde and Doye Agama.
    • •All defendants deny the charges against them.

    Frequently Asked Questions about Nigeria's ex-oil minister Alison-Madueke given 'luxury' life, UK bribery trial told

    1What is bribery?

    Bribery is the act of giving or receiving something of value in exchange for influence or action in a public or private capacity.

    2What is corruption?

    Corruption refers to dishonest or unethical conduct by individuals in positions of power, often involving bribery or the misuse of authority.

    3What is a trial?

    A trial is a legal proceeding in which evidence is presented to a judge or jury to determine the guilt or innocence of a defendant.

    4What is the role of prosecutors?

    Prosecutors are legal representatives of the state who bring charges against individuals accused of crimes and present evidence in court.

    5What is a co-defendant?

    A co-defendant is an individual who is accused alongside another person in a legal case, sharing the same charges or related offenses.

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