FG, US sell $42m Diezani ally’s luxury yacht

FG, US sell $42m Diezani ally’s luxury yacht

The Federal Government of Nigeria and the United States Government have sold off a 65-metre Galactica Star super yacht worth $42m (N15.1bn) belonging to oil magnate Kola Aluko, who was accused of cheating Nigeria out of almost $1.8bn (N648bn) in siphoned crude oil sales.

Although the yacht was priced at $42m, it could not be confirmed the exact amount that the vessel was sold.

Aluko, who is an ally of a former Minister of Petroleum Resources, Diezani Alison-Madueke, has been on the radar of anti-graft agencies for the last four years.

According to Yacht Harbour, the yacht, which was custom-built by Dutch yard Heesen in 2013, is the second largest ever built by Heesen

The vessel, which was sold on July 25, 2019, features exterior styling by Omega Architects, engineering by Van Oossanen & Associates, finished by interiors from the boards of Bannenberg & Rowell.