ADVERTISEMENT
ADVERTISEMENT

US presidential aspirant Jeb Bush named in shady Nigerian business deals

Nelson Dafe, Benin |17th Jun 2015 | 4,140
US presidential aspirant Jeb Bush named in shady Nigerian business deals

Son of former American President, George H. Bush, has been accused of playing a role in some shady business deals in Nigeria some years ago.

Jeb Bush made a high profile visit to Nigeria in 1989 during the military regime of the country headed by Ibrahim Babangida.

Various foreign media sources are reporting that the visit was a business trip to promote a business outfit that ended up defrauding Nigerians.

Bush was said to have used his high political influence as the son of the then US president to help in sales for MWI Corporation, a South Florida industrial water-pump company that last year was found guilty in a federal civil case of misleading the U.S. government to secure taxpayer-funded loans.

According to one report, “Bush lent his name – and that of his prominent family – to an enterprise with hazards that should have been obvious . . . the company Bush was promoting sold overpriced agricultural equipment to an impoverished nation whose people often couldn’t use it. In the process, the deal put the already indebted nation further into hock to foreign creditors.”

Bush hasn’t responded to a request for comment for this story, but as he prepares to announce his bid for the presidency, questions still linger about the exact part he played in a deal that the Justice Department said took advantage of both the Nigerian people and American taxpayers.

Jeb Bush formally declared his intention to run for the 2016 US presidential election on the platform of the Republican Party a few days ago.

•Photo shows Jeb Bush.



Comments

Post Comment

Monday, December 23, 2024 2:29 AM

Follow us on

ADVERTISEMENT

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2024