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Wednesday, October 11, 2017

Court orders permanent forfeiture of Diezani’s N3billion property


Justice Abdulaziz Anka of the Federal High Court in Lagos on Wednesday ordered the permanent forfeiture of some houses purportedly owned by a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The house located in Lagos and Port Harcourt, the Rivers State capital have a market value of about N3 billion, and were said to have been acquired by Mrs Alison-Madueke between 2011 and 2013 using front companies.

The court order is sequel to an application by the Economic and Financial Crimes Commission (EFCC) which claimed that the houses, about 56 in number, were paid for with proceeds of crime.

More details coming ….


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