By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Court orders final forfeiture of Alison-Madueke’s multi-million Naira properties
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

Court orders final forfeiture of Alison-Madueke’s multi-million Naira properties

Adamu Abubakar Isa
By
Adamu Abubakar Isa
ByAdamu Abubakar Isa
Web content creator, social media manager
Follow:
Published: 2022/10/24
2 Min Read
Share
SHARE

A Federal High Court sitting in Abuja, on Monday ordered the final forfeiture of two Abuja properties and two luxury cars belonging to a former minister of petroleum resources, Mrs. Diezani Alison-Madueke, to the Federal Government.

The two properties situate at Plot 1854 Mohammed Mahashir Street, and No. 6, Aso Drive, in the highbrow areas of Asokoro and Maitama Districts in Abuja were valued at $2,674,418USD and N380,000,000 respectively according to the Economic and Financial Crimes Commission.

In a statement by the EFCC spokesman, Wilson Uwujaren, the luxury cars are a black BMW saloon with Chassis No B8CV54V66629 and registered number, RBC155 DH and a black Jaguar saloon vehicle with Chassis No SAJAA.20 GRDMv43376, valued at N36,000,000.

The judge, Justice Mobolaji Olajuwon, gave the order forfeiting the assets to the government while ruling on the application by the EFCC, in Suit No. 1122/2021 and Suit No 1123/2021, asking for the final forfeiture of the assets.

- Advertisement -

Okay.ng reports that the Commission had on November 29, 2021 secured the interim forfeiture on the assets in a ruling on separate motion ex-parte filed on September 27, 2021 which prayed the court to order the interim forfeiture of the assets on the grounds of reasonable suspicion that they were proceeds of unlawful activities.

In granting the interim forfeiture Order, Justice Olajuwon had ordered the EFCC to publish a notice in a national newspaper, inviting anyone with interest in the assets to show cause why they should not be finally forfeited to the Federal Government of Nigeria. The court consequently adjourned till January 22, 2022 for report.

In compliance with the Order of Court, the Forfeiture Order was published in Thisday Newspaper of Wednesday April 6, 2022.

In the absence of any contestation of the Interim Order, the Court, today, forfeited the properties to the Federal Government.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:Diezani Alison-Madueke
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Muhammadu Buhari Flood: Buhari breaks silence, orders ministers to produce prevention plan in 90 days
Next Article FG cautions job-seekers against fast spreading fraudulent appointment letters

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

Migrant Boat Tragedy off Libya Leaves 53 Dead, UN Agency Says

By Adamu Abubakar Isa
3 Min Read
News

BREAKING: Appeal Court Says Senate Had Power To Suspend Natasha Akpoti-Uduaghan

By Oluwadara Akingbohungbe
2 Min Read
News

NAFDAC Denies Reports Claiming Amoxicillin Has Been Banned in Nigeria

By Adamu Abubakar Isa
3 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up