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Court orders permanent forfeiture of Diezani’s 56 houses

metro by metro
October 11, 2017
in News
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Diezani Alison Madueke’s Banana Island Property seized by FG

The Federal High Court in Lagos on Wednesday ordered the permanent forfeiture of 56 houses linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The houses, located in Lagos and Port Harcourt, were said to have been acquired by the ex-minister between 2011 and 2013 using front companies.
The Economic and Financial Crimes Commission claimed that Diezani paid  $21,982,224 for the properties, adding that it believed that the funds were proceeds of crime.
The anti-graft agency listed the properties to include 29 terraced houses comprising eight four-bedroomed penthouse apartments, six three-bedroomed apartments, two three-bedroomed maisonettes, two twin bedroomed apartments and one four-bedroom apartment.
The permanent forfeiture order was made by Justice Abdulaziz Anka.
Details later.

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