JUST IN: Court Orders Foifeture of Diezani’s Multi-Million Naira Assets

The Federal High Court sitting in Lagos has ordered the forfeiture of assets valued at $16,441,906 linked the former Petroleum Minister, Mrs Diezani Alison-Madueke, in the meantime.

The Economic and Financial Crimes Commission told Justice Abdulaziz Anka of the Federal High Court that the assets are suspected to be proceeds of corruption while the alleged was the minister of petroleum.

About two weeks ago, the court ordered the permanent forfeiture of a $37.5 million property on Banana Island, Lagos state, said to belong to the ex-minister.

Mrs. Diezani is currently in UK facing charges of money laundering. She also corruption charges alongside two of her associates, Jide Omokore and Kola Aluko, in the United States.

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