The Federal Government and the U.S. Government have signed an agreement for the repatriation of not less than 52.88 million dollars in forfeited corruption proceeds to Nigeria.
Acting Spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, stated that the agreement was signed by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, and the U.S. Ambassador to Nigeria, Richard Mills Jr.
“Also, through court proceedings ending in 2023, the U.S. Department of Justice’s Money Laundering and Asset Recovery Section, the Federal Bureau of Investigation’s International Corruption Unit, and the Internal Revenue Service-Criminal Investigation successfully forfeited various high-value assets.
“These include the super yacht Galactica Star and prime real estate in California and New York.
He explained that the forfeited assets were illegally acquired through funds linked to money laundering and conspiracy to bribe former Petroleum Resources Minister, Diezani Alison-Madueke.
