Proceeds of Corruption| US government siezes Allison Madueke's yatch, condo worth $144 million


Former Minister of Petroleum, Diezani Allison-Madueke, has been reportedly indicted for receiving a bribe in order to award contracts worth $1.5 billion.
According to Financial Times, the former minister’s assets, a 200-foot yacht and a Manhattan condominium, worth $144 million have been seized by US prosecutors.
The report states that from 2011 to 2015, two Nigerians,Kolawole Aluko and Olajide Omokore, allegedly conspired with others to bribe Diezani.
US assistant attorney-general, Kenneth Blanco, said, “the United States is not a safe haven for the proceeds of corruption.
“If illicit funds are within the reach of the United States, we will seek to forfeit them and to return them to the victims from whom they were stolen.”

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