Diezani Denies Repatriated $52.8m Loot, Reveals Owner

Diezani Alison-Madueke, a former Minister of Petroleum Resources, has distanced herself from the...

Diezani Alison-Madueke, a former Minister of Petroleum Resources, has distanced herself from the $52.8m recently repatriated to Nigeria from the US.

Contrary to reports, the ex-minister, who has been in the United Kingdom (UK) since she left Nigeria, said the money did not belong to her.

In a statement titled “There is no such thing as Diezani Loot”, Alison-Madueke claimed the money that was reportedly linked to her belongs to a Nigeria’s oil magnate, Kola Aluko.

In the statement published online by Vanguard and released through her counsel, Prof. Mike Ozekhome (SAN), the ex-minister insisted there was nothing like “Diezani Loot.”

Explaining how the looted money came by, Alison-Madueke said the $52. 8m dollars came from a vessel seized by the American government from Aluko.

According to her, the vessel was later sold and its proceeds returned to the Federal Government of Nigeria.

Describing reports that linked her to the repatriated money as false, the ex-minister said the purveyors of the information were hell-bent on tarnishing her image, adding that she has nothing to do with the purchase, use and sale of the seize vessel.

The statement read in part: “We note with concern the recent deliberate attempt to link her with what has been described as a civil forfeiture of a yacht Galactica, the sale of which was said to have yielded $52.8m to the US government; which sum has since been repatriated to Nigeria.

“This is a clear example of the mischievous and cruel sport of tarnishing the image of the lady through a bouquet of consistent, persistent and unrelenting cocktail of falsehoods and misinformation.

“The purveyors of this line of misinformation term it “name-and-shame”. To sell the storyline, the architects ensured they attached Diezani’s name to a recovered yacht which is not in any way linked to her.

“They now falsely termed it “Diezani loot”. Nothing of the sort ever happened. She was never involved in the purchase, use and sale of the said yacht.

“The yacht Galactica, from information readily available in the public domain and in open sources, was purchased by Mr Kola Aluko who had used the vessel until he agreed to its forfeiture to the United States of America.”

She, therefore, advised those peddling unfounded, defamatory information and indefensible narratives about her to find better use of their time and leave her alone.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Atiku Alleges Plot To Cripple Opposition, Condemns Court Ruling On NDC Registration

Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has

INEC Dismisses Pro-APC X Post Allegedly Linked To Amupitan

The Independent National Electoral Commission(INEC) has said that despite claims alleging that the Chairman, Joash

Wike Tackles Gov Bala Mohammed, Labels Him ‘Inconsistent’

The Minister of the Federal Capital Territory, Nyesom Wike, has described Bauchi State Governor, Bala

David Mark-Led ADC Rejects Delisting, Says INEC Bowed To Govt’s Pressure

The African Democratic Congress (ADC) led by Senator David Mark has faulted the interpretation of

INEC Discontinues Recognition Of David Mark-Led ADC

The Independent National Electoral Commission (INEC) says it will henceforth cease to accept correspondences from

Borno Gov Zulum Dissolves Cabinet

Borno State Governor, Babagana Zulum, has dissolved his entire cabinet, directing commissioners to relinquish their

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.