Former Nigerian state-oil executive sentenced over $2.1m bribe scheme
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The US Department of Justice said Paulinus Iheanacho Okoronkwo was sentenced to 87 months in prison after a jury convicted him in August 2025 of transactional money laundering, tax evasion and obstruction of justice. The case concerned a $2.1 million payment from Addax Petroleum, a Sinopec subsidiary, routed through his law firm’s client account while he was an officer of Nigeria’s state-owned oil company.
