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Court Orders Permanent Forfeiture of 56 Houses Linked to Diezani Alison-Madueke

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2017/10/11
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The Federal High Court in Lagos on Wednesday ordered the permanent forfeiture of 56 houses linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The houses, located in Lagos and Port Harcourt, were said to have been acquired by the ex-minister between 2011 and 2013 using front companies.

The Economic and Financial Crimes Commission claimed that Diezani paid $21,982,224 for the properties, adding that it believed that the funds were proceeds of crime.

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

The permanent forfeiture order was made by Justice Abdulaziz Anka.

TAGGED:CourtDiezani Alison-Madueke
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ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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