US To ‘Allegedly’ Seize Corruption-Tainted Assets From Nigerian Oil Executives

US officials reportedly announced on Friday plans to a confiscate $144 million in corruption-tainted assets of Nigerian oil executives found in the United States including an $80 million yacht the “Galactica Star.”The yacht and a $50 million condominium overlooking New York’s famed Central Park were allegedly among the riches tied to dirty contracts awarded by Nigeria’s former oil minister between 2011 and 2015, the US Justice Department reportedly revealed in a statement.“The United States is not a safe haven for the proceeds of corruption. Corrupt foreign officials and business executives should make no mistake: if illicit funds are within the reach of the United States, we will seek to forfeit them and to return them to the victims from whom they were stolen.” acting Assistant Attorney General Kenneth Blanco allegedly said.Photo Credit: Getty

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