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Diezani Permanently Loses Her 56 Houses

Wednesday, 11 October 2017

Fifty-six houses allegedly belonging to former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke have been permanently forfeited.

On Wednesday, a Federal High Court sitting in Lagos ordered the permanent forfeiture of 56 houses linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

According to a report by Punch, 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 (N7 billion) 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.

Source: Punch

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