Skip to main content

Court Orders Final Forfeiture Of Diezani Alison-Madueke's N7.6bn Loot


Justice Abdulazeez Anka of the Federal High Court in Ikoyi, Lagos, has ordered the permanent forfeiture of the sum of N7.6billion suspected to belong to former Minister of Petroleum Resources, Mrs. Deziani Alison Madueke to the Federal Government of Nigeria.

Justice Anka gave the ruling sequel to an application filed by the Economic and Financial Crimes Commission (EFCC) seeking the final and permanent forfeiture of the said sum to the Federal Government.

The anti-graft agency in its supporting affidavit averred that consequent upon the investigation carried out on the intelligent reports received by the commission, it discovered that the sum of N7.6billion kept in the accounts of some banks were proceeds of unlawful activities.

The forfeited sum was allegedly laundered through Gbenga Olu Komolafe, former Group Managing Director, Crude Oil Marketing Division of the Nigerian National Petroleum Corporation; Prince Haruna Momoh, former Group Managing Director, Pipelines and Product Marketing Company (PPMC) ; Umar Farouk Ahmed , Group Managing Director of Nigerian Products Marketing Company (NPMC) on behalf of Mrs Deziani Alison-Madueke.

It would be recalled that the Federal High Court in Lagos presided over by Justice Chuka Obiozor had on August 7th this year ordered the temporary forfeiture of the money which was allegedly hidden in several banks by the former Minister of Petroleum Resources.

The EFCC in the interim forfeiture application had alleged that Mrs. Alison-Madueke stashed the money in banks.

It further alleged that the Federal Government had since February last year, through an order granted by the same court but before another judge, Justice Muslim Hassan, recovered part of the huge money stashed in banks across the country by the former minister.

http://saharareporters.com/2017/08/28/court-orders-permanent-forfeiture-ex-oil-minister-diezani%E2%80%99s-n76bn-nigerian-government
Post a Comment

Popular posts from this blog

U.S. Military Helicopter Crashes In Iraq On Thursday, Killing 7 People On Board

One of the U.S. military helicopter in Iraq has crashed after hitting a power line in Iraq's western Anbar province, killing all seven personnel aboard.

According to a statement from Pentagon this morning, the officials said the crash of the HH-60 Pave Hawk helicopter occurred Thursday afternoon near the town of Qaim.

"All personnel aboard were killed in the crash," Brig. Gen. Jonathan P. Braga, director of operations, Combined Joint Task Force - Operation Inherent Resolve, said in a statement.

"This tragedy reminds us of the risks our men and women face every day in service of our nations," he said. "We are thinking of the loved ones of these service members today."

The statement further said;

Wife Of Donald Trump Junior Files For Divorce

(Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.

Vanessa Trump, a former model and actress, and Trump Jr. said in a joint statement on Thursday: "After 12 years of marriage, we have decided to go our separate ways."

The statement was provided by the Trump Organization, the president's business empire, which his son helps manage.


Further details were not immediately available on the uncontested divorce filing by Vanessa Trump in a New York state court. She and Trump Jr. have "enormous respect" for each other, according to the joint statement, which also asked for privacy.

Prison Officers Secretly Move Charles Okah To Borno Prisons After Life Sentence

Charles Okah, the brother of the leader of the Movement for the Emancipation of the Niger Delta (MEND), who was given a life sentence for terrorism, has been secretly moved from Kuje Prisons, Abuja, to one of the prison facilities in Borno State, THISDAY has learnt.

Worried about his seeming familiarity with the prison environment and the officers at the Kuje Prisons, the authorities of the Nigerian Prison Service (NPS) last Tuesday transferred him quietly.