Saturday, April 5, 2008

UNBELIEVABLE! Obasanjo Sold Crude Oil To Jamaica At $12 "Raked millions into his accounts
The last may not have been heard about the many dirty transactions carried out by former President Olusegun Obasanjo and his cronies during his eight-year misrule of the country, as more revelations are emerging by the day.

LEADERSHIP Weekend can authoritatively reveal that the former president, in his characteristic fraudulent manner, sold crude oil to the Jamaican government at the cheap price of $12 per barrel, even when the product was selling for about three times that amount on the international market.
Using one Mr. Carl Masters, an associate of Goodworks International, Obasanjo appointed him as the oil liaison agent for the Petroleum Corporation of Jamaica (PCJ). Through him all the sales were made. Under this arrangement, it was discovered that Goodworks was to get 15 per cent of the total earnings from PCJ, while he (Obasanjo) would get 20 per cent through proxy companies acting as oil traders."