EFCC to seize properties worth N3bn from ex-minister

monjola sotubo

September 13, 2016 11:07 AM

Officials of the EFCC are also said to have seized an Abuja asset worth N500 million from Alison-Madueke.

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The properties are said to be located in Port Harcourt, the Rivers State capital, according to The Nation.

Officials of the EFCC are also said to have seized an asset worth N500 million and located in Abuja from Alison-Madueke who is being investigated for money laundering

“Based on latest intelligence, we have been able to trace more choice assets to Mrs. Alison-Madueke in Port Harcourt. We have drafted more operatives in Rivers State,” an EFCC source said.

“We have identified more than five of such assets but we need to verify the ownership by going through some documents before attaching the properties in line with our mandate.

“In the next one week, our team in Port Harcourt would have completed their assignment. We will then release the value of the assets. We are also on the trail of some accomplices who were used for the property deals.

“We are still working in collaboration with NCA in the UK. I think we are getting closer to the final leg of the Mrs. Alison-Madueke probe,” the source added.

The EFCC, in June 2016, seized an Abuja mansion worth $18 million from Alison-Madueke. The house also contained a bulletproof gym and furnishing worth $2 million.

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According to the agency, the home was bought with stolen public funds and is part of the $10 billion worth of property and cash recovered from corrupt government officials.

monjola sotubo