Olusegun Obasanjo Foundation Ex-President sacks CEO over $4.9m money-laundering scandal, she takes down Facebook page, Website

Welsh stated at the meeting, held in London, that it was not the first time she would be involved in money-laundering deals.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

The Olusegun Obasanjo Foundation has sacked its CEO and Board of Trustees member, Anne Welsh, following a video published online by SaharaReporters on Thursday, May 7, which showed Welsh scheming with a group of  ‘Lebanese businessmen’ to launder $4.9 million through the Foundation.

Pulse reported that Welsh, according to the video, exploited the Ebola Virus Disease tragedy in West Africa to help the group, who wished to donate money to the Obasanjo Foundation for some work in Sierra Leone.

Welsh stated at the meeting, held in London, that it was not the first time she would be involved in such deals. In the deal, it was agreed that she would pocket over one million dollars.

In reaction to the development, Chairman of the foundation, Chief Olusegun Obasanjo said that he, and other trustees of the foundation were sad after learning about the allegation against Welsh.

“Accordingly, the Board of Trustees has asked her to immediately resign, and she has done so,” Obasanjo told Premium Times.

The former president also said that the matter has been reported to the London Metropolitan Polce and the UK Charity Commission for a full-scale investigation.

He added, “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.”

However, in what seems to be an attempt to escape public scrutiny, Welsh has taken down her Facebook page and Website.

 

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.