ADVERTISEMENT

Ex-Minister loses 2 Lagos properties valued at $4.8m to FG

The federal high court sitting in Lagos ordered the temporary forfeiture of two penthouses which are linked to the ex-minister.

According to a report by TheCable, the federal high court sitting in Lagos ordered the temporary forfeiture of two penthouses which are linked to the ex-minister.

The properties, located in Lagos, are said to be valued at $4.760 million.

At its sitting on Tuesday, Mojisola Olatoregun, the presiding judge, ordered that the two properties be temporarily forfeited to the federal government pending investigations by the Economic and Financial Crimes Commission (EFCC).

The forfeiture order follows an ex-parte motion filed by the EFCC which told the court the properties are suspected to be proceeds of crime.

ADVERTISEMENT

Diezani in the eye of the storm

With a trail of corruption allegations against her, Diezani has been holed up in the United Kingdom where she is also waiting to stand trial for alleged bribery, corruption and money laundering.

In November Justice Abdulaziz Anka of the Federal High Court in Lagos ordered the permanent forfeiture of 56 houses linked to a former Minister of Petroleum Resources, Diezani Alison-Madueke.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Ex-Governor, Fayose's money laundering trial adjourned as court fails to sit

Ex-Governor, Fayose's money laundering trial adjourned as court fails to sit

Travel alert: Panic as fire breaks out at Lagos Airport

Travel alert: Panic as fire breaks out at Lagos Airport

NGO allocates $36.5m to Nigeria, 15 other countries to eradicate trachoma

NGO allocates $36.5m to Nigeria, 15 other countries to eradicate trachoma

Senator sacrifices chicken to rain god to ask for rainfall — people are mad at him

Senator sacrifices chicken to rain god to ask for rainfall — people are mad at him

Telecom calls on FG to tackle pricing issues, balance consumers affordability

Telecom calls on FG to tackle pricing issues, balance consumers affordability

Tension in Niger State as over 100 inmates escape Suleja prison

Tension in Niger State as over 100 inmates escape Suleja prison

Worshippers take to the streets to pray for rain as heatwave worsens

Worshippers take to the streets to pray for rain as heatwave worsens

Nigerians express frustration over DSTV, GOtv sub hike, opt for smart TVs

Nigerians express frustration over DSTV, GOtv sub hike, opt for smart TVs

PHOTOS: Owner of Chinese supermarket in discrimination row appears before FCCPC

PHOTOS: Owner of Chinese supermarket in discrimination row appears before FCCPC

ADVERTISEMENT
ADVERTISEMENT