Ebun Francis || A federal high court in Lagos on Wednesday ordered the final forfeiture of assets worth over three billion naira belonging to the former minister of petroleum resources, Mrs. Alison Dieziani Madueke to the federal government.
Justice Abdulaziz Ankah gave the ruling following an application by the Economic and Financial Crime Commission, EFCC which claimed that the $21, 928,224 which the former oil minister used to pay for the properties were proceeds of crime.
The assets comprise of 18 companies and several properties located in the United Kingdom, Nigeria, and the United States.
The properties are listed as 21 mixed housing units of 8 terrace units of 4 bedrooms each all ensuite, six three bedroom apartments all ensuite and some other property located at Thoburn Street in the Yaba area of Lagos.
Others are 16 four bedroom terrace houses located at Heritage Court Estate, GRA Extension, Port Harcourt, Rivers State, 13 three bedroom terrace houses located at Mabushi Gardens Estate, Abuja and 6 flats of three bedrooms, a lawn tennis court, gym, garden and other appurtenances located at Plot 808, Awolowo Road, Ikoyi, Lagos.
Four companies, Chapel Properties Ltd, Blue Nile Estate Ltd, Azinge Meadows Ltd and Vistapoint Property Development were allegedly used to acquire the properties.
Details to follow…