This is sequel to the filing of a forfeiture order by the Kleptocracy Team of the US Department of Justice on the house in March and a separate one in April on $400,000 (N60m) in a Fidelity Brokerage Services LLC account in Massachusetts.
Both assets were described as proceeds of corruption acquired during his tenure from 1999 to 2005.
Alamieyeseigha was impeached in December 2005 by the Bayelsa State House of Assembly and was consequently prosecuted by the Economic and Financial Crimes Commission on a 40-count charge of money laundering.
He was eventually convicted in 2007 on a six-count charge and sentenced to 12 years imprisonment, although he was expected to spend two years.
He forfeited shares worth over N1bn in the defunct Bond Bank and a luxury penthouse in Cape Town, South Africa, which has three en-suite bedrooms, two lounges, a designer kitchen, an entertainment room, five plasma screen television sets and a sound system worth half a million rands to the Bayelsa State Government.
Other properties forfeited were located in Abuja and Ikoyi in Lagos State. US Assistant Attorney-General Lanny Breuer of the Justice Department’s Criminal Division had given an indication of the move to seize Alamieyeseigha’s property in a speech at the Franz-Hermann Brüner Memorial Lecture at the World Bank on May 25, 2011.
http://www.punchng.com/Articl.aspx?theartic=Art2011072356823
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