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A Federal High Court in Lagos has ordered the final forfeiture of assets linked to former petroleum minister, Diezani Alison-Madueke, and five others, the report said. The Economic and Financial Crimes Commission claimed that Diezani acquired the said houses located in Lagos and Port Harcourt between 2011 and 2013 using front companies. EFCC said the former Minister paid $21,982,224 for the properties, adding that the funds were allegedly from proceeds of crime.
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. The assets are estimated to be worth about N3 billion.
The final forfeiture order followed the ruling on an application filed by the anti-corruption agency, EFCC. Mrs. Alison-Madueke is currently in the UK where she is also being investigated for money laundering.
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