( August 28, 2025, 22:30 GMT | Official Statement) -- MLex Summary: A Los Angeles-area lawyer was found guilty of receiving a $2.1 million bribe while serving as an officer of Nigeria’s state-owned oil company in connection with negotiating favorable drilling rights for a subsidiary of a Chinese state-owned oil company. Paulinus Iheanacho Okoronkwo, of Valencia, California, who practiced immigration, family, and personal injury law out of an office in Koreatown, was convicted of three counts of transactional money laundering, one count of tax evasion, and one count of obstruction of justice.Statement follows below:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.