State-owned China Civil Engineering Construction Corporation (CCECC) a subsidiary of China Railway Construction Corporation a major construction company of the One Belt, One Road project is accused of money laundering with a former Nigerian aviation minister.
According to a Premium Times report, Nigeria’s Economic and Financial Crimes Commission (EFCC) indicted former aviation minister Sen. Stella Oduah, on 25 counts of fraud that occurred over a six-month period during 2014 when she was serving as a minister.
The charges against Oduah include conspiracy to launder money, transferring, taking control and possession of fraudulent funds, aiding and abetting money laundering, and opening anonymous bank accounts.
The EFCC investigation found that the Chinese state-owned construction company’s subsidiary, CCECC Nigeria Limited, transferred about $6.5 million to a private personal account belonging to the former minister between March 31 and June 6, 2014.
The CCECC, which has been supported by the Nigerian government for decades, is in charge of major infrastructure projects, such as the construction of railroads and major roads, and is one of the main builders of the One Belt One Road project worldwide.
During Oduah’s tenure as aviation minister, CCECC signed multimillion-dollar contracts to build airport terminals in Nigeria, which with the revelation of these charges certainly calls into question the transparency of the awarding of such a project.
This is not the first time that the Chinese state-owned company has been involved in corruption cases involving bribery attempts to illegally obtain tenders.
In 2012, two CCECC managers were accused of attempting to bribe the Permanent Secretary of Botswana’s Ministry of Infrastructure Carter Morupisi, with $32,000 to win the construction of the Shakawe Secondary School in the Okavango Delta.
In 2019, the World Bank blacklisted CCECC and five other Chinese companies worldwide for violating its policies on fraud and corruption in the bidding process.
Given the criminal record of the CCECC, it is strange that the member countries of the One Belt One Road Initiative continue to be part of it, whose sole objective is to validate and strengthen the Chinese communist regime as a world power.