By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Diezani Alison-Madueke Denies Links to Repatriated $52.8 Million, Accuses Critics of Defamation
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Diezani Alison-Madueke Denies Links to Repatriated $52.8 Million, Accuses Critics of Defamation

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: January 19, 2025
Share
3 Min Read
Diezani Alison-Madueke
Diezani Alison-Madueke
SHARE

Diezani Alison-Madueke, former Minister of Petroleum Resources, has strongly refuted allegations connecting her to the recently repatriated $52.8 million from the United States to Nigeria.

In a statement issued through her counsel, Professor Mike Ozekhome (SAN), Alison-Madueke clarified that the funds originated from the sale of assets owned by Nigerian oil magnate Kola Aluko, not her.

The statement, titled “There is No Such Thing as Diezani Loot,” dismissed the claims as part of a calculated effort to tarnish her reputation.

“We note with concern the recent deliberate attempt to link her with what has been described as a civil forfeiture of a yacht, Galactica, the sale of which was said to have yielded $52.8 million to the U.S. government; which sum has since been repatriated to Nigeria,” the statement read.

- Advertisement -

Alison-Madueke emphasized that she had no involvement in the purchase, use, or forfeiture of the yacht and accused critics of orchestrating a campaign of misinformation.

“This is a clear example of the mischievous and cruel sport of tarnishing her image through a consistent and persistent cocktail of falsehoods and misinformation,” the statement continued.

She reiterated that the yacht, Galactica, was publicly known to belong to Aluko, who used it until it was forfeited to the U.S. authorities.

“The yacht Galactica, from information readily available in the public domain and open sources, was purchased by Mr. Kola Aluko, who had used the vessel until he agreed to its forfeiture to the United States of America,” the statement clarified.

- Advertisement -

Alison-Madueke described the narrative linking her to the recovered funds as “false and defamatory” and urged those propagating such claims to cease further defamation.

“The purveyors of this line of misinformation term it ‘name-and-shame.’ To sell the storyline, the architects ensured they attached Diezani’s name to a recovered yacht which is not in any way linked to her. They now falsely termed it ‘Diezani loot.’ Nothing of the sort ever happened,” she said.

The former minister called for an end to the attacks on her character, accusing detractors of pushing a broader agenda to vilify her.

The $52.8 million, recovered by the U.S. government from assets linked to Aluko, was recently repatriated to Nigeria as part of efforts to recover stolen public funds. Aluko has been implicated in cases of money laundering and financial crimes, which have drawn international scrutiny.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Diezani Alison-Madueke
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Dangote Refinery Explains Petrol Price Adjustment, Assures ₦970 Retail Price
Next Article Muhammadu Sanusi II FG Twisted My Words On Tinubu’s Reforms -Emir Sanusi

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 3 weeks ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Taiwo Oyedele
FG Sets Ambitious Target to Raise Tax-to-GDP Ratio to 18% Within Three Years
Economy
Suspected IPOB/ESN Landmine Explosion Claims Six Lives in Imo Market
News
Political Rift Between Wike and Fubara Resolved After Presidential Mediation
News
NNPC
Senate Issues Ultimatum as NNPCL Fails to Appear Over N210 Trillion Audit Discrepancies
Energy & Oil
Federal Revenue Agencies to Undergo Restructuring as President Tinubu Enacts Major Tax Reform Legislation
News Top stories
- Advertisement -
Ad imageAd image

You May Also Like

NewsTop stories

BREAKING: President Tinubu Endorses Four Major Tax Reform Bills

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
Lagos State Government
News

Lagos State Government Refutes Peter Obi’s Allegation of Property Demolition, Orders Probe

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
News

Oyo State Governor Seyi Makinde Renames Polytechnic Ibadan in Honour of Late Dr. Omololu Olunloyo

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?