Monday, 20 May 2013
US Department Of Justice Executes Forfeiture On US Assets of Former Bayelsa Gov. DSP Alamieyesigha-WSJ
The Department of Justice executed a forfeiture order Thursday on $401,931 in a Massachusetts brokerage fund traceable to an allegedly corrupt former Nigerian governor.
The forfeiture was the first victory for a fledgling Justice Department initiative dedicated to seeking out assets in the U.S. linked to high-level foreign corruption.
Prosecutors filed court papers in April 2011 targeting a $600,000 Maryland home and a Massachusetts brokerage account belonging to Diepreye Peter Solomon Alamieyeseigha, governor of Nigeria’s oil-producing Bayelsa State from 1999 to 2005. According to prosecutors, Alamieyeseigha’s assets were the proceeds of corruption. Alamieyeseigha denied the allegations in court filings.