12/10/2017

Update! Court Orders Permanent Forfeiture Of 56 Houses Linked To Diezani

The Federal High Court in Lagos today 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.


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