Galactica Star, a super yacht belonging to oil magnate, Kola Aluko, fingered in multi-billion dollar petrol import and crude export deals has been sold.

The yacht, valued at $50 million, was sold after the Nigerian government and U.S. Department of Justice secured a court order to forfeit the property.

Mrs Alison-Madueke, Mr Aluko and another accomplice, Jide Omokore , reportedly lavished billions of naira on property and luxury items in the U.S. and United Kingdom.

Mrs Alison-Madueke, Mr Aluko and another accomplice, Jide Omokore , reportedly lavished billions of naira on property and luxury items in the U.S. and United Kingdom.

The U.S. government also accused Messrs Aluko Omokore of laundering money in the United States and using it to acquire the yacht, among other assets.

Following prosecution, the US and Nigerian government, in 2016, instituted legal processes to enable it freeze local and foreign assets of the trio.

In a suit filed at the Houston Division of the United States District Court, the Nigerian government laid legal claim to all assets subject to forfeiture.

https://www.premiumtimesng.com/news/headlines/348266-50-million-yacht-linked-to-diezanis-ally-sold.html

Kola, the star boy

$50M?

With all these recovered loots, no good infrastructure, no stable power, no good health care facilities. When will Nigeria be developed?

What do they do with the money? They don't pay unemployment benefits to the unemployed like developed countries, our roads are not fixed.

What is the need of recovering loot only to be looted again by the rocoverer?

Living their life to the fullest.

Good

Enough of media trial abeg. Since 4 years ago. Babangida and co nko. Gandollar nko. Its obvious its more tribal, gender and religious than political.

At last

Maybe someday Nigeria will be great again.


We need to free access to basic education.

Ok

Hmmm. Only God fit help us for this country. We are in deep shit.
Its only a matter of time before you see "NIGERIA for sale on OLX and JIJI

Watch people who has not eaten this morning and have no hope of eating, run to her defence now

I hope the money wont be re-looted again!

I bet we will still be hearing about how they are still trying to get Diezani money in the next 20 years.

Abach loot is since 1994 abi when? thats how many years.

Mynd44:
Kola, the star boy

Mynd44

Leave Diezani alone. Put your focus on the current embezzlers and thieves. Buhari said Abacha did not loot. Yet he is going to claim the loot of Abacha. Isn't that a fullish mad man?
People are raping our coffers right now, you are focusing your zooms on Diezani who is far away from home and holds no position of power.
When we go get sense?
We only know how to beat dead horses. If Obasanjo is jailed tomorrow, you will hear so many stories about him. Where are the assets of the current leaders? Those are people that we should hold accountable because they are. Leave Diezani story for corner. Money day move for your eye dem day dangle Diezani story for your eyes.
Okay, if in 5 years as the minister of petroleum, Diezani made such billions of dollars, Buhari has been there for the same number of years now. so, where are the billions made in your time, Mr. minister of petroleum/Buhari? If Diezani could steal 20 Billion dollars and the country still remained stable or became the biggest economy in Africa, how much more could Buhari have done as the sick minister of Petroleum in 5 years?

The country is sunk in an abyss. Diezani did a better job than this sick skeleton. Where are the dollars that Buhari has made within these 5 years? Your wife is busy stoning satan in Mecca. When the job could have been done without taking a flight.

to construct the only 7-star hotel or the tallest man-made building cost 1.5 Billion dollars. So, it impossible for Buhari to commission a project like that in Nigeria with the revenues from petroleum? What has Buhari done with the dollars from the same seat that he claims Diezani stole 20 billion dollars without shaking the economy in the same number of years as Ministers of petroleum?

Good. I hope the proceed is used for the betterment of Nigerians

YesNo:
I bet we will still be hearing about how they are still trying to get Diezani money in the next 20 years.

Abach loot is since 1994 abi when? thats how many years.

Abacha started from 1999

Hmmm, nawa o

Frankyboy1:
Watch people who has not eaten this morning and have no hope of eating, run to her defence now

They will soon arrive now, they will not mind borrowing Data from MTN to defend Aluko and Dieziani

Wonders they say shall never end. The sooner the government make public office very unprofitable, the better it will be for the country.

casdoruche:
Enough of media trial abeg. Since 4 years ago. Babangida and co nko. Gandollar nko. Its obvious its more tribal, gender and religious than political.

A typical air-headed Nigerian. Catch one thief and they will ask about a million other thieves.

davodyguy:
Abacha started from 1999

bros.... it will still drag till 2029. so whats the difference?

Money dey dis country ooo

God save Nigeria

spray6548x:

Scammer

KingAzari:


A typical air-headed Nigerian. Catch one thief and they will ask about a million other thieves.

And you r the next on the list. I know u too well

Thief