The United States government has been accused of going into business with Gilbert Chagoury, Nigerian-Lebanese developer and funder of Eko Atlantic, despite his criminal records, The Cable has reported.
The project is planned to be completed in 2027.
Born in Nigeria to Lebanese immigrants, Chagoury co-founded the Chagoury Group in Lagos in 1971. The conglomerate owns construction, real estate, hotel, glass and flour milling businesses.
The Cable further reported that the Eko Atlantic project, which started in 2008, is a real estate project that features residential and commercial properties.
The project is privately funded by South Energyx Nigeria Limited – the developers and city planners, a subsidiary of the Nigeria-based Chagoury Group of companies.Advertisement
The company is working in partnership with the Lagos state government and is supported by the Nigerian government.
In May 2019, the US mission in Nigeria announced that it had purchased about 50,000 square meters of land at Eko Atlantic city to build its new consulate.
The consulate is expected to be the largest US consulate in the world.Advertisement
However, the development has raised concerns about President Joe Biden’s pledge to tackle international corruption.
According to Bloomberg, Matthew Page, the state department’s lead intelligence analyst on Nigeria from 2012 to 2015, said the department was not privy to the decision of the US to locate its consulate at Eko Atlantic.
“We did not have input into that process, or we would have flagged that,” Page reportedly said.
“Either the U.S. government was incompetent and didn’t do that due diligence, or did that due diligence, understood who it was dealing with and basically disregarded the obvious concerns.”
The newspaper also quoted a source as saying objections to the consulate deal were raised within the US mission to Nigeria as negotiations were ongoing but they were disregarded.
The 76-year-old Chagoury has reportedly spent decades cultivating relationships with politicians in the US and Nigeria.
His company reportedly flourished in the 1990s through its close association with the late Sani Abacha, former Nigerian military ruler.
In 2000, he was reportedly convicted by a Swiss court for laundering some of the funds Abacha looted from the Nigeria.Advertisement
Chagoury reportedly agreed to pay a fine of about 1 million Swiss francs (about $600,000 at that time) and handed back $66 million to the Nigerian government.
He denied knowing the funds were stolen.
Between 2012 and 2016, Chagoury reportedly sought to help fund election campaigns of US politicians believed to be “supportive to his cause” — the protection of Christians in the Middle East.
One of the campaigns he funded was that of Jeff Fortenberry, US lawmaker, in 2016.
Fortenberry was convicted of concealing information and making false statements to US federal authorities who were investigating illegal contributions made by Chagoury– a foreign national– to his re-election campaign.
Fortenberry resigned from office after his conviction.
Chagoury, however, reportedly paid $1.8 million in fines in December 2019 to resolve the investigation.
The cost for consulate project in the Eko-Atlantic City, Lagos is $537 million.
The 10-floor project sited on 12.2 acres is expected to provide an estimated $95 million investment in the Lagos economy and employ approximately 2,500 Nigerians, including engineers, architects, artisans, construction workers and administrative staff, who will learn new technical skills and safety awareness that will boost their capacity in the local labour market.
The new construction also provides 300,000 square feet Gross Chancery size and targets Leadership in Energy and Environmental Design (LEED) Silver Certification, a globally recognised designation for achievement in high performance, best-in-class technology, green buildings and incorporates features to make the building more sustainable.
The Cable with other online reports