Featured
Diezani Allison-Madueke, others forfeit $53m to US govt
The US department of justice has announced the final resolution of two civil cases seeking the forfeiture of the luxury assets that were laundered in and through the country in a case involving Diezani Alison-Madueke, former minister of petroleum resources, and her associates.
Diezani’s associates who were named in the forfeiture case are Kola Aluko, a Nigerian businessman, and Jide Omokore, chairman of Atlantic Energy Drilling Concepts Nigeria Limited. The department said the forfeited assets were the “proceeds of foreign corruption offenses”.
“With the conclusion of the cases, the department has recovered roughly $53.1 million in cash – constituting the net liquidated value of the defendant’s assets – plus a promissory note with a principal value of $16 million,” the U.S. Justice department said in a statement.
-
Latest6 days agoUS Immigration fees rise from October 16 as USCIS announces new charges
-
Latest19 hours agoIsrael marks 3 years since October 7 Hamas attack amid Gaza strikes, election debate
-
Business5 days agoNigeria’s $55bn reserves raise fresh questions over naira value
-
Health5 days agoFlorida sues Pfizer over deceptive COVID-19 vaccine marketing
-
Business7 days agoTuoyo Erikowa wins digital marketing personality of the Year at 2026 EDGE awards
-
Crime5 days agoFrom camp to captivity: How kidnappers now target NYSC Corps members on highways
-
Featured5 days ago2027: Can Nigeria’s opposition still unite behind a single presidential candidate?
-
Crime5 days agoFulani Militia leader linked to Christian killings arrested in Plateau