Paulinus Iheanacho Okoronkwo, a top NNPC official, has lost his luxurious $2.5 million mansion in Los Angeles, California, to the U.S. government due to his conviction on three counts of money laundering. The U.S. District Court ruled that the property, valued at $2.5 million, was acquired using proceeds from illicit financial transactions, making it subject to forfeiture. This case is part of an ongoing U.S. federal probe into international financial crimes linked to politically exposed individuals from Nigeria and other countries.
