US Court Orders Forfeiture of Ex-NNPC GM's California Home Over $2.1m Bribery Scandal
A US court has ordered the forfeiture of a California property linked to a Nigerian-American former NNPC general manager, Okoronkwo, due to his involvement in a $2.1 million bribery scandal. Okoronkwo was found guilty of financial crimes related to accepting bribes from Addax Petroleum, a Swiss subsidiary of China's state-owned Sinopec.
The court revealed that the bribe was disguised as a consulting fee to secure drilling rights in Nigeria. Okoronkwo faces penalties for money laundering, tax evasion, and obstruction of justice.
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