Government

Diezani Loot: Court Finally Forfeit Expensive House Worth $2.6 million, Luxury Cars to FG

A federal high court sitting in Abuja has finally forfeited two expensive houses in Abuja and luxury cars belonging to Diezani Alison Madueke to the Federal Government.

Diezani Alison Madueke was a former minister of petroleum resources during President Goodluck Jonathan’s administration.

According to the Economic and Financial Crime Commission (EFCC), one of the properties located at Plot 1854 Mohammed Mashir Street was valued at $2.67 million while the other located at No.6, Aso Drive, Asokoro was valued at N380,000,000. 

Investors King learnt that other properties forfeited include a black BMW saloon car and a black Jaguar saloon car both valued at N36,000,000.

It could be recalled that EFCC secured an interim forfeiture of the properties in November 2021. The anti-graft agency claimed that the properties were proceeds of corruption.

While delivering the judgement, Justice Bolaji Olajuwon also issued an arrest warrant against Diezani Alison Madueke who is believed to be residing in the UK. 

EFCC had earlier submitted a court request for the extradition of the former minister by the way of an arrest warrant. The anti-graft agency through its legal counsel Abdullah noted that the arrest warrant will give an impetus to the extradition of the former minister.

Abdallah noted that the International Police (Interpol) has been briefed about the development.

The Judge who granted all the applications submitted by the EFCC later adjourned the case until when the defendant is arrested and appeared in court. 

Diezani Alison Madueke alongside some of her allies were in the news for several cases of money laundering. 

The EFCC claimed that it recovered jewellery worth millions of dollars at her residence in Asokoro, Abuja while other properties in the UK, US, United Arab Emirates and South Africa were linked to her.

Similarly, EFCC Chairman, Abdulrasheed Bawa stated in April 2021 that the agency has recovered $153 million and several properties valued at $80 million from the ex-minister. 

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