Court orders permanent forfeiture of Dieziani’s N7.6bn loot

Ebun Francis || A Federal High Court in Lagos presided over by Justice Chuka Obiozor has ordered a permanent forfeiture of the sum of N7,646,700,000 linked to former Minister of Petroleum Resources, Diezani Alison-Madueke to the Federal Government.

Earlier in August, the court had ordered a temporary forfeiture of the sum kept at Sterling Bank Plc and believed owned by the embattled former minister of Petroluem resources.The Economic and Financial Crimes Commission, EFCC, had told the Justice Chuka Obiozor-led court via an

Nigeria’s anti crime agency, The Economic and Financial Crimes Commission, EFCC, had informed the court via an exparte application that the N7.6bn was part of the sum of $153,310,000 which the former minister allegedly stole from the coffers of the Nigeria’s oil giant, the NNPC in 2014.

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Details to follow…