Diezani: Court Orders Forfeiture Of Properties Worth $4.760m

Deziani Alison-Madueke

A Federal High Court sitting in Lagos, on Tuesday ordered the temporary forfeiture of two penthouses linked to former Minister of Petroleum, Diezani Alison-Madueke, valued at $4.760million.

The affected properties include, Penthouse 21 building 5, Block C, 11th floor (Bella Vista Estate) Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi area of the state.

Justice Mojisola Olatoregun, ordered that the properties be forfeited to the Federal Government pending the conclusion of the Economic and Financial Crimes Commission, EFCC’s, investigation into the ownership of the properties.

The judge gave the forfeiture order following an ex-parte motion filed by the EFCC.

The anti-graft agency, in its motion informed the court that the affected properties were suspected to be proceeds of crime.

 

Source: Daily Post

Advertisements


Categories: News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: