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Nigeria: Kola Aluko's New York Penthouse Up for Sale for Just U.S.$39 Million
This Day, 22 September 2017
A penthouse valued at $51.9 million, belonging to Kolawole Aluko, Nigerian oil mogul based in the United States, is currently up for sale for a "motivated" price of $39 million. Read more »
Nigerian Businessman Kola Aluko's New York Penthouse Up for Sale
A luxurious apartment previously owned by fugitive Kolawole Aluko a Nigerian oil mogul based in the United States is up for sale for U.S.$39 million. Aluko was said to have bought the luxurious apartment for U.S.$51.9 million in 2014. He is yet to officially react to the fraud allegations as he is said to be evading arrest. The property is believed to be part of the proceeds of "shady" oil contracts also involving Diezani Alison-Madueke, a former minister of petroleum resources, and Jide Omokore, another businessman.
InFocus
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The U.S. Department of Justice (DOJ) has announced plans to recover approximately U.S.$144 million in assets from Nigerian oil executives following alleged corruption. According to ... Read more »
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Since leaving office in 2015, former oil minister Diezani Alison-Madueke has been implicated in bribery, fraud, misuse of public funds and money laundering cases in Nigeria, ... Read more »
