DOJ Sends Nearly $53M Taken From FCPA Scheme to Nigeria
DOJ entered into a deal to send around $52.88 million in forfeited assets to Nigeria "in recognition of Nigeria's assistance" in an investigation into corruption in the Nigerian oil industry, DOJ announced.
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The investigation found that two Nigerian businessmen, Kolawole Akanni Aluko and Olajide Omokore, conspired with others to bribe Nigeria's former petroleum resources minister, Diezani Alison-Madueke, who oversaw the state-owned oil company (see 2303280050). DOJ now sends a chunk of the recovered money to Nigeria, noting that $50 million of the funds will be dedicated to an electricity services project for households and small businesses, while around $2.88 million of the funds will be used to "support capacity-building for criminal justice sector practitioners and relevant stakeholders in the region."