• Breaking News

    Diezani Permanently Loses Her 56 Expensive Houses Worth N7 billion

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

    The Justice Abdulaziz Anka-led court made the pronouncement while ruling on the matter, on Wednesday.
    The Economic and Financial Crimes Commission alleged that Diezani acquired the houses in question, located in Lagos and Port Harcourt between 2011 and 2013 using front companies.
    The anti-graft agency also claimed that the former Minister paid $21,982,224 for the properties, noting that the funds were allegedly got through earnings from criminal activities.

    According to the EFCC, the properties comprise 29 terraced houses comprising eight four-bedroomed penthouse apartments, six three-bedroom apartments, two three-bedroom maisonettes, two twin bedroom apartments and one four-bedroom apartment.

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