Nigeria recovered more than $160 million in alleged corruption proceeds last week from four people, including $9.2 million from a former head of the state-owned oil company, said Information Minister Lai Mohammed.
“The biggest amount of $136.7 million was recovered from an account in a commercial bank, where the money was kept under an apparently fake account name,” Mohammed said Sunday in an e-mailed statement. The rest was from three others, including an unidentified former group managing director of the Nigerian National Petroleum Corp., according to the statement.
