• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria Gets $950, 000 Alamieyeseigha’s Loot From U.S

by Kunle Olasanmi
3 years ago
in Cover Stories, News
Alamieyeseigha
Share on WhatsAppShare on FacebookShare on XTelegram

United States of America, has repatriated $950, 000, looted by a former governor of Bayelsa State, the late Diepreye Alamieyeseigha, back to Nigeria.

Advertisement

The US Ambassador to Nigeria, Mary Beth Leonard, who signed the Asset Return Agreement with the federal government represented by the attorney-general of the federation and minister of justice, Abubakar Malami, SAN, stressed that the returned loot should be used to improve healthcare infrastructure in Bayelsa State.

The US Ambassador said her country would continue to deny safe haven to corrupt public officials.

She said over 80 corrupt leaders were denied entry into the US.

“This marks the conclusion of a legal process launched over 15 years ago, following the tenure of governance of Peter Alamieyeseigha, also known as DSP.

RELATED

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

2 hours ago
African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

4 hours ago
ADVERTISEMENT

“During his tenure as a public servant from 1999, until his impeachment in 2005, DSP’s official salary did not exceed the equivalent of about $81,000 per year.

“However, during that time, he accumulated millions of dollars worth of property through corrupt acts such as abuse of office, money laundering, and other violations of Nigerian and US law,” the Ambassador added.

The AGF, whose speech was read by the solicitor-general of the federation and permanent secretary of the federal ministry of justice, Beatrice Jeddy-Agba, commended the US government for ensuring that looted funds are returned to Nigeria.

ADVERTISEMENT

The AGF noted that Nigeria has continued to enjoy favourable consideration from the US, not only in its agreement to return the funds that were looted from the Bayelsa State treasury, “but in other pending cases such as Galactica, Blue Assets, Saborne, amongst others”.

He said: “You may recall that this asset return arose from the forfeiture and recovery of approximately $1million USD linked to the corrupt practices of former Bayelsa state governor, D. S. P Alamieyeseigha.

“The United States government, in collaboration with the Federal Republic of Nigeria initiated and completed forfeiture proceedings against certain real property and investment funds located in Maryland and Massachusetts against the former governor which resulted in the net forfeiture to the Government of United States of America totaling the sum of $954, 807.40.

“Following the court order, the FRN and the USA have negotiated and finalized the terms of the asset return agreement.

“It is worthy to noted that in line with the terms of the Agreement, Mr. President has already approved the expected sum to be utilized for the implementation of a Health Center Project for the benefit of the people of Bayelsa state and to be monitored by the Civil Society Organizations and the Federal Government, through the Federal Ministry of Justice.”


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Alamieyeseigha
SendShare10173Tweet6358Share
ADVERTISEMENT
Previous Post

404,106 Security Personnel To Man 2023 Elections – IGP

Next Post

Ohanaeze Alleges Plot To Disrupt Polls In South East

Kunle Olasanmi

Kunle Olasanmi

You May Like

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison
Entertainment

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

2025/08/28
African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats
News

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

2025/08/27
BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes
Entertainment

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

2025/08/27
Tinubu Departs Abuja For Japan
News

Tinubu Departs Brazil En Route Abuja

2025/08/27
JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List
Entertainment

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

2025/08/27
Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada
News

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

2025/08/27
Leadership Conference advertisement

LATEST

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

Bayern Defeat Wiesbaden 3-2 In Dramatic German Cup Clash

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

Tinubu Departs Brazil En Route Abuja

Tennis Scoring System

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

BBNaija10: Dede, Kola Spark Intimacy Rumours After Late-night Moment

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.