Nigeria: 61 Nigerian Officials Linked to $271 Million US Property Holdings - Report
[Premium Times] The investigation examined how wealth linked to Nigerian political and economic elites moved into the US real estate market and identified recurring risk factors in the acquisition of the properties.
An investigation by the Platform to Protect Whistleblowers in Africa (PPLAAF) and the Anti-Corruption Data Collective (ACDC) has identified 61 Nigerian officials, their families, associates, and affiliated companies linked to 284 properties in the United States, collectively valued at nearly $271 million. Of these properties, 230 were purchased without apparent financing, representing about 81% of the total.
The politically exposed persons include former National Security Adviser Sambo Dasuki, former chairman of the Presidential Task Force on Pension Reforms Abdulrasheed Maina, and former governor of Abia State and current senator Orji Kalu, among others. The investigation also found that 39 of the 61 individuals have been publicly accused, indicted, or sentenced for corruption.
Brief written by urgent.news from AllAfrica's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
