BREAKING: Court Orders Permanent Forfeiture Of Diezani’s Assets

A Federal High Court in Lagos has ordered the permanent forfeiture of assets linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

Justice Abdulaziz Anka, who gave the ruling ordered that the 56 houses linked to Mrs. Diezani be immediately forfeited.

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, EFCC, 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 total value of the property stands at over three billion naira.