BREAKING: Court Orders Forfeiture Of N34bn Linked To Diezani Alison-Madueke
[caption id="attachment_16735" align="alignnone" width="600"]Diezani Alison-Madueke, Ex-Petroleum Minister[/caption]
Diezani Alison-Madueke, Ex-Petroleum Minister[/caption]
A Federal High Court sitting in Lagos has ordered the forfeiture of about N34bn linked to former petroleum minister, Diezani Alison-Madueke.
Justice Muslim Hassan, who had on January 6, 2017 issued an interim forfeiture order on the funds, gave a “final forfeiture order” on the assets on Thursday.
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The judge said he was contented with the argument brought forward by the Economic and Financial Crimes Commission that the recovered monies were illegal proceeds.
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Breakdown of the monies linked to the former Minister include, N23.4bn, N9.08bn and $5m (about N34 billion in total).
