• Contact Us
  • About Us
Tuesday, December 23, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Court orders Diezani Alison-Madueke’s property worth $37.5 to be seized

metro by metro
July 20, 2017
in News
0
0
SHARES
0
VIEWS
Alison Madueke
Alison Madueke

A Nigerian court has ordered that a $37.5 million property owned by former oil minister Diezani Alison-Madueke be seized, the state news agency said, as she faces charges of corruption and money laundering.

The U.S. Justice Department filed a civil complaint last Friday aimed at recovering about $144 million in assets allegedly obtained through bribes to Alison-Madueke, petroleum minister from 2010 to 2015 under the presidency of Goodluck Jonathan.

Read Also

Trump Recalls US Envoy To Nigeria, Others  As Part Of “America First” Diplomatic Overhaul 

Amid Brewing Backlash, Trump Set To Expand Immigration Crackdown In 2026

Anthony Joshua Floors Jake Paul In 6th Round Of Heavyweight Bout, Opponent Hospitalised After Defeat

Alison-Madueke’s whereabouts are unclear, but she was last known to be in Britain.

In April, she was charged in absentia with money laundering by Nigeria’s financial crimes agency. She had previously denied to Reuters any wrongdoing when questioned about missing public funds and corruption allegations.

On Wednesday the Federal High Court in the commercial capital Lagos issued the order over Alison-Madueke’s property in the city’s upmarket Banana Island district which she bought in 2013, the News Agency of Nigeria (NAN) said.

It also ordered a temporary freeze on sums of $2.74 million and 84.54 million naira ($269,000) that were said to be part of the rent collected on the property.

The temporary seizure orders were made following an application to the court by the Economic and Financial Crimes Commission (EFCC).

Anselem Ozioko, the barrister representing EFCC, told the court that the financial crimes agency suspected the property was acquired with the proceeds of alleged illegal activities.

Tags: Diezani Alison-Madueke
Previous Post

Airlift of Gombe hajj pilgrims begins Aug. 2

Next Post

Wema bank plans equity raise next year to bolster capital ratio

Related Posts

Trump Recalls US Envoy To Nigeria, Others  As Part Of “America First” Diplomatic Overhaul 
News

Trump Recalls US Envoy To Nigeria, Others  As Part Of “America First” Diplomatic Overhaul 

December 22, 2025
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Amid Brewing Backlash, Trump Set To Expand Immigration Crackdown In 2026

December 21, 2025
Anthony Joshua Floors Jake Paul In 6th Round Of Heavyweight Bout, Opponent Hospitalised After Defeat
News

Anthony Joshua Floors Jake Paul In 6th Round Of Heavyweight Bout, Opponent Hospitalised After Defeat

December 20, 2025
Don’t Add Social Media Handles On ‘KYC’ Requirements, Reps Order CBN
News

Rep Raises Alarm Over Discrepancies In Gazetted Tax Laws

December 17, 2025
Next Post

Wema bank plans equity raise next year to bolster capital ratio

Trump Recalls US Envoy To Nigeria, Others  As Part Of “America First” Diplomatic Overhaul 

Trump Recalls US Envoy To Nigeria, Others  As Part Of “America First” Diplomatic Overhaul 

December 22, 2025
Trump

US Conducts Surveillance Flights Over Nigeria Amid Rising Insecurity

December 22, 2025

Yango Group releases its inaugural Impact Report, highlighting $4B earned by partners and growing investments in STEM talents.

December 22, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version