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Court orders permanent forfeiture of Diezani’s 56 houses

The Citizen by The Citizen
October 12 2017
in Financial Crimes, Headlines
A A
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Court orders seizure of Diezani’s Banana Island house, funds

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 (EFCC) 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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