• About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use
Monday, June 16, 2025
No Result
View All Result
Converseer
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
No Result
View All Result
Converseer
No Result
View All Result
Home News

Diezani Denies Ownership of Repatriated $52.8M, Reveals Actual Owner

by Editorial Team
19 January 2025
in News
SERAP Appeals to Trump for Return of Diezani's Stolen Assets and a Ban on Corrupt Officials

Former Minister of Petroleum Resources, Diezani Alison-Madueke, has refuted claims linking her to the recently repatriated $52.8 million from the United States to Nigeria. Contrary to widespread reports, Alison-Madueke clarified that the funds do not belong to her but are instead connected to Nigerian oil magnate Kola Aluko.

In a statement titled “There is No Such Thing as Diezani Loot” and issued through her counsel, Professor Mike Ozekhome (SAN), the former minister dismissed the allegations as baseless and part of a persistent campaign to tarnish her image.

“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 $52.8 million to the U.S. government; which sum has since been repatriated to Nigeria,” the statement read.

Alison-Madueke explained that the funds originated from the sale of a vessel owned by Kola Aluko, which had been seized by the U.S. government. She emphasized that she had no involvement in the purchase, use, or forfeiture of the yacht.

“This is a clear example of the mischievous and cruel sport of tarnishing her image through a consistent and persistent cocktail of falsehoods and misinformation,” the statement continued.

Read also: Vice President Shettima departs for Davos to represent Nigeria at 2025 WEF

Diezani Alison-Madueke revealed that the yacht, Galactica, was publicly known to have been owned by Aluko, who used it until it was forfeited to the U.S. authorities. She described the narrative linking her to the funds as “false and defamatory,” accusing its purveyors of deliberately misleading the public.

“The yacht Galactica, from information readily available in the public domain and 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,” the statement clarified.

Alison-Madueke urged individuals spreading unsubstantiated claims to desist from further defamation and to focus their energies on more productive activities. “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.”

The former minister concluded by calling for an end to the attacks on her reputation, describing them as part of a broader agenda to vilify her.

The $52.8 million was recovered by the U.S. government through the sale of assets linked to Aluko, a Nigerian businessman implicated in money laundering and financial crimes. The funds were recently repatriated to Nigeria as part of ongoing efforts to recover stolen public assets.

While Alison-Madueke has faced numerous allegations of corruption during her tenure as petroleum minister, this clarification aims to separate her from the latest claims surrounding the repatriated funds.

Tags: General News
ShareTweetPin

Related News

Otu tasks newly sworn-in NYSC members on laudable community projects

More female graduates assume NYSC camp in Cross River

15 June 2025
Adedayo Modupe

Agric Minister declares 3-day fasting and prayer for food security

15 June 2025
Iran’s fresh missile attack injures 14 in Israel

Iran’s fresh missile attack injures 14 in Israel

15 June 2025
Trump to impose visa ban on Nigerians, 35 other countries

Trump to impose visa ban on Nigerians, 35 other countries

15 June 2025

Latest News

Tears as Fulani herders kill pharmacist, leaving behind young wife, daughter

Trump reportedly prevents Israel from killing Iran’s Supreme Leader

UK court jails Nigerian over kissing

Fritz seals commanding win over Zverev to claim Stuttgart title

Police recover stolen govt vehicles trafficked to Ghana, Niger, arrest 3 suspects

Germany confirms first case of African Swine Fever (ASF)

About Us

Converseer is an online newspaper that delivers impartial, comprehensive news coverage on politics, business, and education, among other topics. Our goal is to bridge the information gap and promote progress across various sectors of society.

Social Media

  • Facebook
  • WhatsApp
  • X (Twitter)
  • YouTube

Coverage

  • Africa
  • Americas
  • Asia
  • Europe
  • Middle East

Topics

  • Special Reports
  • Fact Check
  • Feature
  • Opinion
  • History
  • About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use

© 2025 Converseer - All Rights Reserved. Paradise Media Venture.

No Result
View All Result
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports

© 2025 Converseer - All Rights Reserved. Paradise Media Venture.