Connect with us

News

US To Seize Kola Aluko’s House: $25m Los Angeles Mansion

Published

on

The money laundering and asset recovery section of the United States department of justice has begun proceedings to seize a mansion owned by Kola Aluko.

The DoJ has initiated proceedings at the US District Court for the Southern District of Texas to seize the mansion which is valued at $25 million and located in Los Angeles.

According to Africa Intelligence, the US government told the court that the mansion was bought to “launder ill-gotten gains” from Nigeria.

Aluko, an ally of Diezani Alison-Madueke, Nigeria’s former minister of petroleum resources, has been the subject of various investigations in Nigeria and abroad for allegedly taking part in shady oil contracts.

Properties, including a yacht used by Beyonce and Jay Z for vacation, and a New York penthouse, have been seized from him.

The US government, represented by Joshua Lee Sohn, said the Los Angeles mansion was acquired through “specified illegal activity” that justifies its confiscation.

The property, which was acquired in 2012, is a luxurious mansion of 1,400 square metres of land and comes with an infinity pool.

Apart from the application to seize the mansion, the DoJ is also on a hunt for assets acquired on American soil by Aluko and Jide Omokore, another Diezani ally.

The duo, Aluko and Omokore, reportedly won major service contracts with the Nigerian National Petroleum Corporation (NNPC) through their company, Atlantic Energy Oil.

The DoJ said the duo received multiple shipments of crude at knock-down prices, resold to trading giants at comfortable profits and invested the proceeds in high-end real estate.

The department said Aluko also bought three other mansions in the US through shell companies, one in Beverly Hills worth $15 million and two in Santa Barbara valued at $33 million.

However, these properties have not yet been involved in seizure proceedings.

Continue Reading
Click to comment

Leave a Reply

News

FG announces zamfara a restricted air space

Published

on

FG announces Zamfara a restricted air space, orders huge military deployment.

The Nigerian government has forced a restricted air space in Zamfara as a feature of endeavors to handle the security challenges in the state.

As indicated by The Cable, the National Security Adviser (NSA), Babagana Monguno uncovered on Tuesday, March 2, that President Muhammadu Buhari has restricted mining exercises in Zamfara to stop the rising instability.

He said the president had requested the service of protection to convey a huge military and insight resources for reestablish routineness in the state. The Nation detailed that they requested the military to recover all regions heavily influenced by desperados, radicals.

Monguno said:

“We can no longer avoid to lose lives while operating within the legalities. We are not going to blackmailed . The government has the responsibility to assert its will.

“Citizens can reside wherever they want to reside . Anybody who is a criminal should be brought to book.”

The security adviser stated that the president also warned against ethnic profiling.Zamfara state has recorded a few assaults by bandits.The new incident included the grabbing of many young ladies from the Government Girls Secondary School in Jangebe, Talatu-Mafara nearby government zone of the state.

Continue Reading

News

Igboho promises a protest if his accounts are not released

Published

on

Self-acclaimed political dissident, Mr. Sunday Adeyemo, otherwise called Sunday Igboho, on Tuesday, blamed the Federal Government for freezing his financial assets, following his assault on the fulani herdsmen in Oyo State.

Igboho, who addressed Vanguard, affirmed that all his financial asset have been frozen by the Federal Government since certain individuals were gathering donations.

Nonetheless, Igboho said he had no hands in the said donations, cautioning that his records should be released to dodge protest by young people across the South-West area.

His words: “They have frozen my bank accounts because I am fighting a just course.

I know Yoruba people are behind me.“I will not relent. I must achieve my aims by putting an end to criminalities in Yorubaland.

“If they refuse to release my accounts, there will be serious protests across the South-West.

“Yes, the Yoruba are living in fear. They are afraid that the killer-herdsmen might attack them.

Continue Reading

News

IGP adamu retires

Published

on

Adamu enrolled in the Police Force on February 2, 1986.

The IGP who will turn 60 on September 17, was appointed IGP in January 2019. He has gone through two years in office.

Three Deputy Inspectors-General of Police (DIGs) and 10 Assistant Inspectors-General of Police (AIGs) are additionally due for retirement with him today.

It is accepted that there is a mission to broaden Adamu’s residency.

However, some have contended against such expansion, since it would negate the arrangements of the Police Act 2020 that fixes the retirement of cops at 60 years old or 35 years of administration.

Section 18(8) of the new Act states: “Every police officer shall, on recruitment or appointment, serve in the Nigeria Police Force for 35 years or until the age of 60 years, whichever is earlier.”

The Act provides for a tenure of four years for the Inspector General of Police.

Section 7, subsection 2 of the Act provides that: “The person to be appointed as Inspector General of Police shall be a senior police officer not below the rank of Assistant Inspector General of Police with the requisite academic qualification of not less than a first degree or its equivalent, in addition to professional or management experience.”

Continue Reading

Trending

%d bloggers like this: