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US Recovers $53m From Illegally Awarded Contracts To Diezani, Others

Published

2 years ago

March 29, 2023

The United States Department of Justice has revealed the final resolution of two civil cases in forfeiture of the luxury assets that were laundered in and through Nigeria in a case linking former minister of petroleum resources, Diezani Alison-Madueke, and her colleagues.

Diezani’s associates who were named in the forfeiture case are Kola Aluko, a Nigerian businessman, and Jide Omokore, chairman of Atlantic Energy Drilling Concepts Nigeria Limited.

The DOJ said the forfeited assets were the “proceeds of foreign corruption offences”.

In a statement released on its website on Monday, the US department of justice said that “roughly $53.1 million in cash, plus a promissory note with a principal value of $16 million” have been recovered as part of “proceeds of illicitly awarded contracts” involving the trio — Diezeani, Aluko, and Omokore.

“According to court documents, from 2011 to 2015, Nigerian businessmen Kolawole Akanni Aluko and Olajide Omokore conspired with others to pay bribes to Nigeria’s former minister for petroleum resources, Diezani Alison-Madueke, who oversaw Nigeria’s state-owned oil company,” the statement reads.

“In return, Alison-Madueke used her influence to steer lucrative oil contracts to companies owned by Aluko and Omokore. The proceeds of those illicitly awarded contracts totalling more than $100 million were then laundered in and through the United States and used to purchase various assets through shell companies, including luxury real estate in California and New York as well as the Galactica Star, a 65-meter superyacht.

“The real estate was also used as collateral for loans to Aluko and shell companies he controlled. As part of the forfeiture process, those lien holders were paid.”

Diezani was the minister of petroleum resources from 2010 to 2015 during the administration of former president Goodluck Jonathan.

She left the country prior to the handover of government from Jonathan to President Muhammadu Buhari in 2015, she left the country.

The former minister is alleged to have stolen $2.5 billion from the Nigerian government while she was a minister.

She has, however, denied the allegations, while the EFCC has since commenced a process to extradite her.

The federal government had gained forfeiture of Diezani’s properties located in Banana Island Foreshore Estate, Ikoyi, Lagos, including 18 flats and six penthouses.

Over the past few years, the trio of Diezani, Aluko, and Omokore have been facing trial over alleged fraud in the procurement of oil contracts and money laundering in Nigeria and the US.

In 2017, the US government filed a suit to recover $144 million in assets that were purportedly acquired with proceeds from a shady scheme in Nigeria’s oil industry.

Aluko and Omokore were said to have paid bribes between 2011 and 2015 to Diezani in exchange for contracts.

Diezani reportedly used her position to secure contracts for Aluko and Omokri’s shell companies through a subsidiary of the defunct Nigerian National Petroleum Corporation (NNPC) — now the Nigerian National Petroleum Company (NNPC) Limited.

Headline

Perplexity AI Makes $34.5bn Surprise Bid For Google’s Chrome Browser

Published

9 hours ago

August 17, 2025

Editor

Artificial intelligence startup Perplexity AI has made an unsolicited $34.5 billion all-cash offer to acquire Alphabet’s Chrome browser, a bold move that underscores the growing battle for dominance in the AI-driven search market.

The bid, announced on Tuesday, is more than double Perplexity’s own valuation of $14 billion.

The three-year-old company, led by Aravind Srinivas, has previously floated ambitious takeover ideas, including a proposal earlier this year to merge with TikTok’s United States business.

Google has not put Chrome up for sale and did not respond to Reuters’ request for comment.

The tech giant is currently appealing a US court ruling that found it held an unlawful monopoly in online search, with the Justice Department pushing for a possible Chrome divestiture as part of the case.

Perplexity, which has raised around $1 billion from backers including Nvidia and Japan’s SoftBank, did not reveal how it intends to finance the bid.

However, it said multiple funds have pledged to cover the offer in full.

The startup already operates its own AI-powered browser, Comet, but acquiring Chrome’s more than three billion users would give it a major edge against rivals like OpenAI, which is also developing an AI browser.

Perplexity has promised to keep Chrome’s open-source foundation, Chromium, accessible, while pledging a $3 billion investment over two years and committing not to alter Chrome’s default search engine.

Shares of Alphabet rose 1.6% in afternoon trading following news of the bid.

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Google Introduces Initiative To Equip 1,000 Nigerian Developers

Published

9 hours ago

August 17, 2025

Editor

Google on Wednesday announced a new initiative, “Build with AI’’ in partnership with GOMYCODE to equip 1,000 Nigerian developers with critical Generative Artificial Intelligence (AI) skills.

John Kimani, Head of Developer Ecosystem for Google in Sub-Saharan Africa, said in a statement that it was a significant move to accelerate Nigeria’s participation in the global AI economy.

Kimani said that the initiative was inaugurated to foster a new generation of tech talent capable of building transformative products that are both locally relevant and globally competitive.

He said that the initiative came at a pivotal moment, as industries across Nigeria and Africa increasingly look to technology to solve pressing challenges and drive economic growth.

According to him, by providing access to advanced AI tools such as Gemini and a curriculum with oversight from Google’s experts, the programme is set to bridge the gap between raw talent and the specialised skills required to innovate in the AI era.

The Google spokesperson said that this strategic focus was intended to accelerate the development of solutions in key sectors such as fintech, healthtech, and agritech, positioning Nigerian developers at the forefront of the continent’s digital transformation.

“We are witnessing a technological renaissance in Nigeria, driven by a vibrant community of developers who are eager to solve the challenges around them.

“Our collaboration with GOMYCODE is about more than just training; it’s about empowering this community with the tools and expertise they need to build the future,’’ he said.

Kimani noted that by equipping developers with Google’s Generative AI, it was helping to unlock a new frontier of innovation that could deliver significant economic and social impact across the continent.

He said that the 11-week programme would be delivered through GOMYCODE’s extensive network of hacker spaces, combining in-person instruction with hands-on, mentored lab work.

“This approach ensures that the training is both accessible and practical, allowing developers to immediately apply their learning to real-world projects,’’ he said.

The Country Director for GOMYCODE, Mr Babatunde Olaifa, said that GOMYCODE’s role was to provide the critical infrastructure and local expertise needed to nurture Nigeria’s tech talent.

Olaifa said that partnering with Google allowed it to bring world-class curriculum and technology directly to the developer community.

“We are creating an environment where innovation can thrive, and we are incredibly excited to see the solutions that will emerge from this programme built by Nigerians, for Nigeria and the world,” the GOMYCODE boss said.

He said that the “Build with AI” programme was now accepting applications from developers across Nigeria.

According to him, the initiative will culminate in a demo day where top participants will showcase their AI-powered solutions to a team from Google and other industry leaders.

He urged developers that are interested in being part of the AI revolution to apply by visiting bit.ly/BwAIDevTraining.

Headline

Sean Kingston Sentenced To 3.5 Years In Prison Over Fraud

Published

10 hours ago

August 17, 2025

Editor

American-Jamaican singer Sean Kingston has been sentenced to three and a half years in prison for his role in a $1 million fraud scheme involving luxury goods.

Kingston, born Kisean Paul Anderson, was convicted in March alongside his mother, Janice Eleanor Turner, on charges of conspiracy to commit wire fraud and four counts of wire fraud. Turner, sentenced last month, received five years in prison.

Prosecutors said Kingston used his celebrity status to fraudulently obtain expensive items, including a bulletproof Cadillac Escalade, luxury watches, and a 19-foot LED television.

Court documents revealed he presented falsified wire transfer receipts and enticed sellers with promises of social media promotion in exchange for the goods.

U.S. District Judge David Leibowitz ordered his immediate remand after Friday’s sentencing in a South Florida courtroom, rejecting a request by Kingston’s lawyer for a delayed surrender due to health concerns.

Assistant U.S. Attorney Marc Anton described the singer as a “thief and a conman,” accusing him of exploiting his fame to defraud victims for years.

His defence lawyer, Zeljka Bozanic, countered that Kingston, 35, had poor financial discipline but had begun repaying victims.

Kingston and his mother were arrested in May 2024 after a SWAT raid on his rented mansion in Fort Lauderdale.

The singer, who was born in Florida and raised in Jamaica, shot to fame at 17 with his 2007 global hit Beautiful Girls.