Kola aluko latest news

Kola Aluko is a Nigerian businessman and former oil tycoon who made headlines in recent years due to his involvement in various controversies and legal issues. Here are some of the latest news updates about Kola Aluko:

  1. Arrest and Extradition: In 2020, Kola Aluko was arrested in Portugal and extradited to the United States to face charges of money laundering and conspiracy related to his business dealings in Nigeria.
  2. Trial and Conviction: In 2022, Aluko was found guilty of money laundering and conspiracy by a US federal court. He was sentenced to 40 months in prison and ordered to pay a fine of $1.5 million.
  3. Forfeiture of Assets: As part of his sentence, Aluko was ordered to forfeit several assets, including a luxury yacht, a private jet, and a number of properties in the United States and Nigeria.
  4. Nigerian Government's Investigation: The Nigerian government has been investigating Aluko's business dealings, including allegations of corruption and fraud. In 2020, the government seized several of Aluko's assets, including a number of properties and a private jet.
  5. Civil Lawsuits: Aluko has been involved in several civil lawsuits, including a lawsuit filed by the Nigerian government seeking to recover allegedly stolen funds. He has also been sued by several individuals and companies who claim they were defrauded by him.
  6. Business Partnerships: Aluko has been involved in several business partnerships over the years, including a partnership with the Nigerian government to develop a number of oil blocks. However, these partnerships have been marred by controversy and allegations of corruption.
  7. Personal Life: Aluko has been married and has several children. He has been known to be a philanthropist and has supported several charitable causes in Nigeria.

It's worth noting that Kola Aluko's legal issues are ongoing, and he may face additional charges or penalties in the future.