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Mega-Consulate Ties U.S. to Convicted Billionaire in Nigeria – Bloomberg

Editor by Editor
June 5, 2022
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Mega-Consulate Ties U.S. to Convicted Billionaire in Nigeria – Bloomberg
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Bloomberg Daybreak Asia. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg. Track your investments 24 hours a day, around the clock from around the world.
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The U.S. has gone into business with a man once convicted of money laundering to build its largest consulate in the world.
The Eko Atlantic development in Lagos, Nigeria.
Photographer: Paul Richardson/Bloomberg
Neil Munshi and
William Clowes
On March 31, billionaire Gilbert Chagoury stood atop the plot of land he’d dredged from the sea around Lagos, beaming in the sweltering heat alongside U.S. Consul-General to Nigeria Claire Pierangelo, as they broke ground for America’s largest consulate in the world.
As a cool spring rain fell on Washington that day, Republican Congressman Jeff Fortenberry, of Nebraska, resigned from the House of Representatives after a conviction announced a week earlier. His crime: lying to the Federal Bureau of Investigation about illegal campaign contributions he’d received from Chagoury.

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