The Nigerian government and United States have signed an asset return agreement on $52.88 million recovered from

Former Petroleum Resources Minister Diezani Alison-Madueke answers a question following a speech ... The seized assets, including a superyacht and prime real estate in New York and California, were confiscated in 2023 by U.S. authorities during Alison ...

Close to $53m (£43m) in alleged illicit funds recovered from Nigeria's former oil minister Diezani Alison-Madueke among others ... plus multiple luxury properties in California and New York. Alison-Madueke, 64, has always denied all allegations of wrongdoing.

About 45% of Nigerians do not have access to electricity. The government plans to power rural communities with funds recovered from a former oil minister and her associates.

Close to $53m (£43m) in alleged illicit funds recovered from Nigeria's former oil minister Diezani Alison-Madueke ... in California and New York. Alison-Madueke, 64, has always denied all ...

The United States announced Friday that it would be returning USD 52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against former oil minister Diezani Alison-Madueke and associates,

The seized assets, including a superyacht and prime real estate in New York and California, were confiscated in 2023 by U.S. authorities during Alison-Madueke's trial. Of the repatriated funds ...

The US will return USD 52.8 million linked to former Nigerian oil minister Diezani Alison-Madueke as part of a corruption investigation.

The United States Deputy Secretary of State Kurt Campbell has lauded Nigeria’s doggedness in negotiating for the repatriated $52.88 million realised from the sale of the luxury real estate and the Galactica Star superyacht linked to former Petroleum Resources Minister Diezani Alison-Madueke.

Nigeria will channel $52.9 million in recovered assets linked to former Petroleum Minister Diezani Alison-Madueke toward rural electrification projects. The funds were repatriated under an Asset Return Agreement with the US,

In November 2022, the US government repatriated to Nigeria, $20.6m in assets allegedly stolen by former Nigerian military leader Gen Sani Abacha. Five years ago, Washington transferred $311.8m to the Nigerian government as part of a previous agreement to repatriate assets that traced back to the Abacha regime.

The United States has agreed to transfer approximately $52.88 million in forfeited assets to the Federal Republic of Nigeria for the country’s continued assistance in oil case cooperation. The news was announced in recognition of Nigeria’s assistance to the Justice Department in investigating corruption in the Nigerian oil industry.