Obasanjo Foundation Trustee Implicated In $4.9 million money laundering scheme

The Olusegun Obasanjo Foundation, today revealed that they have relieved a woman of her position in the foundation after reports surfaced showing that she helped some Lebanese businessmen to launder millions of dollars.

The trustee, Anne Welsh was video tapped negotiating a $4.9 million money laundering scheme that would have seen

her pocket about a million dollars.

Former Nigerian president Olusegun Obasanjo

The video showed that Mrs. Welsh “operated a well-oiled money-laundering scheme for many

years”.

The video, which went viral was tapped by one of the participants at a meeting in the United Kingdom in December 2014, Ms. Welsh was seen negotiating a $4.9 million money laundering scheme that would have seen her pocket about a million dollars.

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She used the Ebola Virus Disease tragedy in West Africa to help a group of “Lebanese businessmen” who wished to donate money to the Obasanjo Foundation for some work in Sierra Leone

The deal was that the money would be laundered through the organization, with the Obasanjo Foundation getting $2m and the rest, $2.9m will go back to the group.Olusegun Obasanjo, the Founder/Chairman of the Foundation said that he and other staffs of the foundation were deeply saddened and disturbed by the allegations against Mrs. Weish.

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“Accordingly, the Board of Trustees has asked her to immediately resign, and she has done so.” Mr. Obasanjo said on telephone.

Obasanj explained that his foundation is currently investigating the matter and have already contacted personalities mentioned or photographed with Mrs Welsh in the publication that revealed the deal as well as other dignitaries and partners to inform them that ‘‘she has now become a persona non grata with the Foundation and its Chairman/Founder”.

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He explained that as of the time of the video, Mrs Welsh was no longer the chief executive officer of the Foundation.

“The CEO of the Foundation at that time was Franklin Lisk,” the former President said.

Obasanjo went on to explain: “I can never associate myself with anything that has to do with money laundering and corruption, and this is a very disturbing development for us all”.

In its 2013 annual report, The charity revealed that they work with African Countries such as Republic of Benin, Cote d’Ivoire, Ghana, Liberia, Malawi, Nigeria, Senegal and Ethiopia.

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