Fresh papers from the Crown Court sitting in Southwark, London, have detailed how Aiteo Group President, Mr. Benedict Peters, made an estimated sum of US$292,157,683.65 in benefits from allegedly corruptly obtained oil contracts over a four-year period.
The contracts were said to be part of the multi-billion dollars scam linked to former minister of Petroleum Resources, Mrs. Diezani Alison-Madueke in which companies linked to Peters and others were awarded juicy offshore contracts in lieu of which they paid out bribes in cash, properties and luxury goods to the fugitive minister.
Peters who is named as the arrowhead in the sleazy oil deals with Alison-Madueke was also said to have paid out not less than £10 million to Alison-Madueke over a period of three years from 2011 to 2014. Documents seen by our reporter said the money was spent “by way of high value goods, property purchases, payment of school fees and payment to the charity of Alison-Madueke’s brother.”
The document listed 12 items with dates of payment, value of item and details for the payment.
For instance, according to court papers, on April 15, 2011, the sum of £2,800,000.00 was spent by Peters to purchase property at 58 Harley House by Rosewood Investments. On March 29, 2011 the sum of £3,750,000.00 was used to purchase Flat 5, Park View by Collinwood Limited. On July 11, 2011, £1,839,757.20 was recorded as “payment from Peters into Collinwood Limited account for the purchase of Collinwood.”
Other payments captured in the court papers include the payment of $400,000 on June 29, 2012 from Sullam Voe to Alison-Madueke’s husband for the charter of a tug.
The court papers also exposed a curious involvement of a church in the three-year running scandal. For example, there was the payment of the sum of £1,000,028.30 from Peters to The Christian Way of Life Churches as a “sacrificial seed” on April 5, 2012 which was a Thursday.