Feb 27 • 00:32 UTC 🇳🇬 Nigeria Punch

US-based ex-NNPC official jailed 87 months for bribery

A former Nigerian oil official has been sentenced to 87 months in prison in the United States for accepting a $2.1 million bribe from a Swiss oil company.

Paulinus Iheanacho Okoronkwo, a former official of the Nigerian National Petroleum Corporation Limited, was sentenced to 87 months in federal prison by the U.S. District Court for accepting a substantial bribe while in office. This sentence follows his conviction for accepting a $2.1 million bribe from a Swiss oil company, which occurred while he was negotiating drilling rights for a Chinese subsidiary. The trial lasted four days and concluded in August 2025, reflecting the seriousness of the charges against him.

Additionally, Okoronkwo was ordered to pay restitution amounting to $923,824 to the Internal Revenue Service, demonstrating the legal ramifications tied to financial misconduct. Moreover, he has to forfeit assets obtained from the illegal activities, including over $1 million linked to a property associated with laundering the bribe. These measures taken by the U.S. authorities indicate a robust commitment to combating international corruption and ensuring accountability for individuals who exploit positions of power.

This case not only highlights issues of corruption within Nigeria's state-owned oil sector but also underscores the international nature of bribery, where actions taken by individuals in one country can lead to severe penalties abroad. As the global community increasingly collaborates to tackle corruption, this incident sets a precedent that may deter future misconduct among officials in similar positions, thus seeking to restore integrity to the energy sector.

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