U.S. Hunt for Nigeria Fraud Cash May Come Second to a Small Bank
- Banque Havilland lines up first for N.Y. condominium proceeds
- Aluko signed One57 mortgage as U.K. investigated his wealth
One57 building in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
U.S. prosecutors trying to recover proceeds from an alleged $1.5 billion Nigerian fraud may have to wait their turn.
A plum penthouse condominium in one of Manhattan’s most expensive buildings is among the cash, real estate and luxury yacht the U.S. moved last week to seize from Nigerian tycoon Kolawole Akanni Aluko, whom it accuses of laundering money and bribing a foreign official. That’s where it gets complicated.