A Nigerian Federal High Court in Lagos has adjourned till June 29, 2016, hearing on the seizure of assets belonging to two associates affiliated to Diezani Alison-Madueke, Kola Aluko and Jide Omokore, and their company, Atlantic Energy.
Both Aluko and Omokore have been accused of suspected business transactions that illegally transferred the country’s oil assets to them and their companies.
The Federal Government had approached Justice Oluremi Oguntoyinbo, seeking a global freeze of $1.8bn in assets allegedly stolen by Aluko and Omokore.
Their company, Atlantic Energy, was allegedly granted enormous contracts from the Nigerian Petroleum Development Company on the instructions of Diezani.
Reports has it that Atlantic Energy did not legally exist when Diezani granted them contracts through the Strategic Alliance Agreements,.
According to legal documents, Aluko and Omokore took more than $1.7bn from the Federal Government.
While Aluko is a subject of an INTERPOL investigation, Omokore had been arrested several times by the EFCC.
Part of the assets the government seeks to specifically freeze include three mansions in Los Angeles; two high-end apartments in New York City; properties in Santa Barbara, California; numerous properties in Lagos, including 43 apartments on Banana Island, 58 vehicles, the Galactica Star yacht and three aeroplanes.
