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Court Orders Final Forfeiture Of 56 Houses Linked To Diezani

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A Federal High Court in Lagos under Justice Abdulaziz Anka has ordered the permanent forfeiture of 56 houses linked to former petroleum minister, Diezani Alison-Madueke, and five others.

The assets are estimated to be worth about N3 billion. Economic and Financial Crimes Commission, EFCC said the former Minister paid $21,982,224 for the properties between 2011 and 2015, ladding that the funds were allegedly from proceeds of crime.

The final forfeiture order followed the ruling on an application filed by the anti-corruption agency.

Mrs. Alison-Madueke is currently in the UK where she is also being investigated for money laundering.

The Commission listed the properties to include 29 terraced houses comprising eight four-bedroomed penthouse apartments, six three-bedroom apartments, two three-bedroom maisonettes, two twin bedroom apartments and one four-bedroom apartment

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Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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