November 24, 2021
The U.S. Supreme Court will be asked to review a Fifth Circuit decision nixing a former Enron subsidiary's claim to funds allegedly tied to a massive Nigerian corruption scandal as it looks to enforce a nearly decade-old $22 million arbitral award against the country.
March 21, 2019
A federal judge in Texas has approved a request from the U.S. Department of Justice and the Federal Republic of Nigeria to sell an $82 million mega-yacht linked to an ongoing Nigerian corruption case.
January 30, 2018
The U.S. government blasted a company's attempt to thwart the seizure of an $82 million yacht in a money laundering case, telling a Texas federal judge Monday that Lightray Capital LLC had filed a "highly suspicious lawsuit" to keep the boat stuck in Mexico.
July 14, 2017
The U.S. government filed suit in Texas federal court Friday to recover $144 million in assets that two businessmen allegedly earned by bribing a former Nigerian oil minister into giving them lucrative contracts for oil mining operations.