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

December 6, 2017 6:41 AM

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.

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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.

ALSO READ:UK authorities seize £10 million worth of properties from Diezani

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.

Gbenga Bada

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