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

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, has recalled how her investigation into an alleged $2.4 billion fuel subsidy fraud in Nigeria led to her mother's kidnapping. Speaking in an interview with Bloomberg's Francine Lacqua, she said her office noticed a sharp increase in subsidy claims and began probing, after which about $2.4 billion worth of fraud was found and payment was refused. She said the kidnappers demanded that she resign as Minister of Finance and leave the country, and described the five-day ordeal as among the most painful periods of her life.

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