Thursday, July 27, 2017

US Accuses Diezani Allison-Madueke Of Blowing Over $100m On Furniture, Artworks

The United States, U.S, has revealed how Mrs. Diezani Alison-Madueke led “a lavish and privileged lifestyle” as Nigeria’s minister of Petroleum Resources, and allegedly laundered about $144m, part of which she used to purchase a yacht, landed properties, furniture and artworks.
The country stated that while she held sway as the Nigerian petroleum minister, Diezani, who was otherwise known as “the Madam” or “Madam D,”  spent “more than one million dollars on furniture, artwork, and other furnishings purchased within the Southern District of Texas, and shipped, in part, to London and Abuja, Nigeria”.

These were contained in a 91-page “verified complaint” filed by the US Government before the US District Court, Southern District of Texas, Houston Division, where it is seeking an order to forfeit funds and assets worth $144m linked to the former minister.

The US, in the “verified complaint” signed by a special agent with the Federal Bureau of Investigation, Elizabeth Crispino, said Diezani allegedly acquired the assets with kickbacks from “an international conspiracy to obtain lucrative business opportunities in the Nigerian oil and gas sector.”
It stated that the assets were acquired between April 2010 and May 2015 when Diezani was “overseeing Nigeria’s state-owned oil company, the Nigerian National Petroleum Corporation.”
Among the properties, which the US now seeks to be forfeited, are a 65-metre motor yacht, named M/Y Galactica Star; two properties known as 807 and 815 Cima Del Mundo Road, Montecito, Calif; as well as funds in a couple of companies.

In the court processes, America stated that Diezani, with the help of, and in conspiracy with two Nigerian businessmen, Kolawole Akanni Aluko and Olajide Omokore, “laundered the proceeds of the illicit business opportunities into and through the United States.”

Using tables, the US detailed the “living and lifestyle expenses for Alison-Madueke.” The first table, tagged, ‘Rental Payments,’ showed how Aluko and his company, Tracon Investments Limited, helped Diezani to make a total of at least £537,922 in rental payments for two central London residences both located at 22 St. Edmunds Terrace, London NW8 7QQ, where Diezani and her mother stayed between  August 2011 and January 2014.

Another table, tagged, ‘Transportation Services’, showed how Aluko and his beneficially-owned company, TENKA, helped Diezani to make at least £393,274.32 in payments to a car hire company, the “Chauffeur Company”, while Omokore and his own company, Energy Property Development Ltd., also paid at least £4,424.40 to the “Chauffeur Company”  to convey  Diezani and her family about the UK between December 2012 through at least July 2014.

Source: TheWill