Wednesday, December 1, 2021

Nigerian Court Orders Interim Forfeiture Of N2.6 Billion Linked To Ex-Oil Minister

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The Federal high court sitting in Lagos has ordered the interim forfeiture of assets valued at ₦2.6 billion linked to former Petroleum Minister, Mrs. Diezani Alison Madueke to the federal government. The assets, seized from many Nigerian states are suspected to have been acquired through proceeds of corruption. Justice AbdulAziz Anka gave the order while granting an Ex-parte application marked FHC/L/CS/1279/17, filed and argued before the court by the lawyer to the Economic and Financial Crimes Commission (EFCC), Mr. Anselm Ozioko.

The properties ordered to be temporarily forfeited to the Federal Government of Nigeria (FGN) includes 21 mixed housing units of 8 numbers of four bedrooms penthouse apartment; six numbers of three bedrooms apartments; two numbers of three bedrooms apartment and one of four bedrooms apartment, all en-suite, located at 7, Thurnburn Street, and 5 Raymond Street, Yaba, valued at N937 million.

Photo Credit: Getty

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