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Saturday, July 15, 2017

US court names Alison-Madueke in bribery complaint, moves to seize N50 billion worth of assets

Prosecutors in the United States have moved to seize a 200-foot yacht and a condominium one block from Central Park in Manhattan, which were allegedly a part of a bribery scheme involving Nigeria’s former petroleum minister Diezani Alison-Madueke.

The assets, according to Financial Times, are worth $144m (about N50 billion) and were acquired by two Nigerian oil men, Kolawole Aluko and Olajide Omokore.

Aluko and Omokore, are alleged to have conspired with Alison-Madueke during her tenure as minister for petroleum resources during former President Goodluck Jonathan’s administration – 2011 to 2015.

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