According to Sahara Reporters, two Nigerian businessmen stand to have $1.8bn of their assets frozen.
A federal high court in Lagos has granted a Mareva injunction which permits the Nigerian government to freeze assets owned by the duo and their company Atlantic Energy.
The two men have been linked to former Nigerian oil minister, Diezani Alison-Madueke for their roles in a wide range dodgy dealings that ended with Nigerian oil assets allegedly being illegally transferred to them and their company.
According to Sahara reporters who obtained the legal documents, it ordered a global freeze of assets amounting to $1.8 billion and reportedly stolen by Atlantic Energy executives Kola Aluko and Jide Omokore.
Omikore has also been under surveillance by the Economic and Financial Crimes Commission (EFCC), who had already confiscated a 2 million pound wristwatch from him on April 27th, 2016 and raided his Nigerian homes on October 2nd, 2015.
The Nigerian Petroleum Development Company (NPDC) then under the control of former Minister for Petroleum Resources Madueke granted huge contracts to Atlantic Energy. Reports even suggest that the company didn’t even legally exist when Mrs. Madueke granted Atlantic Energy contracts through the Strategic Alliance Agreements (SAA).
Assets that are to be frozen include three mansions in Los Angeles, two high-end apartments in New York City, properties in Santa Barbara, California; numerous properties in Lagos including 43 apartments in Banana Island, 58 vehicles, the Galactica Star yacht, and three airplanes.
You can see images of the flash report from Sahara Reporters and the Assets to be frozen and also the legal documents listing the assets to he frozen.
