How my mother was kidnapped over $2.4bn subsidy fraud — Okonjo-Iweala

Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation, WTO, has recalled how her investigation into an allegation of a $2.4bn fuel subsidy fraud in Nigeria led her mother’s kidnapping.
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Okonjo-Iweala narrated her experience in an interview with Bloomberg’s Francine Lacqua. She said the kidnappers’ demands were that she resigns as the Minister of Finance and leave the country. She said her office noticed a sharp increase in subsidy claims, so she began to probe.
Her words: “So I went to the president and said, look, something is going on here. Could we audit the accounts? And he said, yes, go ahead. And we found ab...