U.S. files corruption complaint against Nigeria’s ex-oil minister

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The U.S. Department of Justice has filed a civil corruption complaint against Nigeria’s former oil minister Diezani Alison-Madueke and two oil businessmen, seeking the forfeiture of $144 million in assets that include a Manhattan condo and a yacht.

The lawsuit contends that Kolawole Akanni Aluko and Olajide Omokore conspired with others to bribe Alison-Madueke in return for steering lucrative contracts with a subsidiary of Nigerian National Petroleum Corp to companies owned by the two businessmen.

Despite being unqualified and in some instances failing entirely to perform services under the contracts, these companies received more than $1.5 billion in revenues through the sale of crude oil, the lawsuit said.

The Justice Department said that Aluko and Okokore then laundered their illicit revenues through the United States and used the money to buy $144 million in assets including the Manhattan condominium and the $80 million yacht, the Galactica Star.

Read more here: cnbcafrica.com


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