The 65m superyacht is part of a $1.76bn 'asset freeze' action initiated by the High Court in Lagos. Galactica Star was delivered by Dutch yacht-builder Heesen in 2013 and is currently en-route from Cuba to Turkey. By David Robinson
Galactica Star was delivered in 2013 by leading Dutch yacht-builder Heesen.
The asset freeze has been ordered as part of an investigation into the two businessmen and a run of deals that generated significant wealth for them through links with former Nigerian oil minister Diezani Alison-Madueke.
Alongside Galactica Star, other assets frozen, according to a report in The Sunday Times, include three private jets, a collection of 58 cars, property in California, New York and Switzerland, as well as equity stakes.
The asset freeze by the High Court in Lagos is part of a series of investigations into a number of business transactions undertaken during the previous government led by Goodluck Jonathan.
The 961-tonne, Cayman-registered Galactica Star is currently en-route from Cuba to Turkey.