Categories: Local News

US to returns $954,000 Alamieyeseigha loot to Nigeria

Voice Air Media News Update

THE United States and the Federal Government have signed an agreement for the repatriation of $954,000 loot of late Diepreye Alamieyeseigha, former Bayelsa State Governor.

US Ambassador to Nigeria, Mary Beth Leonard, announced the development at a press briefing on Thursday afternoon in Abuja.

Leonard said the official salary of the former governor during his tenure as a public servant from 1999 to his impeachment in 2005 did not match the said amount.

She said, however, he accumulated millions of dollars through abuse of office, money laundering.

Beatrice Jedy-Agba, Solicitor-General of the Federation, who represented Nigeria at the briefing said President Muhammadu Buhari has immediately directed that the said sum be utilised in developing the healthcare of Bayelsa.

“This asset return arose from the forfeiture and recovery of approximately $1 million 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 totalling 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 note that in line with the terms of this agreement, Mr President has already approved the expected sum to be utilised for the implementation of a health centre project for the benefit of the people of Bayelsa state and to be monitored by the civil society organisations and the federal government, through the federal ministry of justice,” she said.

Alamieyeseigha, who died at the age of 62, in October 2015 was detained in London on charges of money laundering in September 2005. At the time of his arrest, Metropolitan police found about £1m in cash in his London home.

Later they found a total of £1.8m ($3.2m) in cash and bank accounts. He was found to own four homes in London worth an alleged £10 million. He jumped bail in December 2005 from the United Kingdom by allegedly disguising himself as a woman, though Alamieyeseigha denied this claim.

Alamieyeseigha was impeached on allegations of corruption on 9 December 2005 and Goodluck Jonathan, his deputy at the time, took over.

On July 26, 2007, Alamieyeseigha pleaded guilty before a Nigerian court to six charges and was sentenced to two years in prison on each charge; however, because the sentences were set to run concurrently and the time was counted from the point of his arrest nearly two years before the sentences, his actual sentence was relatively short.

Jonathan later granted him pardon, a move that triggered backlash.

VAM News

Recent Posts

Osun: APC, Gov. Adeleke Trade Words Over Fresh Osogbo Killings

THE Osun State chapter of the All Progressives Congress and Governor Ademola Adeleke have bickered…

12 hours ago

Beneficiary Thanks Hon. Tajudeen Adefisoye (Small Alhaji) For Facilitating Wife’s Employment With Ondo State Hospital Management Board

...Commends Governor Aiyedatiwa A former NAIS chairman in Idanre Local Government Area of Ondo State,…

16 hours ago

Nigerian Government Renames Lagos-Calabar Coastal Highway After Tinubu

THE Federal Government has renamed the 750-kilometre Lagos-Calabar Coastal Highway in honour of President Bola…

17 hours ago

World Cup 2026: 10 things to know before Spain vs Argentina final As Trump heads to New Jersey

News Update Five weeks after the start of the biggest-ever football tournament, it’s almost time…

17 hours ago

World Cup 2026: Update on Argentina’s Wild Jubilation after 2-1 win over England

FIFA are not looking to punish Argentina players who celebrated their 2-1 victory over England…

20 hours ago

Inside Nigeria: Court bars FRSC from state roads

A Federal High Court in Kano has ruled that the Federal Road Safety Commission (FRSC)…

22 hours ago