Justice Abdulaziz Anka of the Federal High Court in Ikoyi, Lagos, has ordered the permanent forfeiture of 56 houses allegedly owned by former petroleum minister Diezani Alison-Madueke to the federal government of Nigeria.
The assets, with an estimated value of N3 billion, had been on temporal forfeiture to the federal government following an ex parte order obtained by the Economic and Financial Crimes Commission (EFCC).
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.
Property in London owned by former petroleum minister Diezani Alison-Madueke The houses, located at 7 Turnbull Street and 5 Raymond Street, Yaba, were allegedly bought by Mrs. Alison-Madueke for the United States dollar equivalent of N937m through Chapel Properties Ltd.
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