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Diezani to forfeit two luxurious homes, cars worth N2.4bn as Court gives verdict

by Frank Ulom
April 8, 2023
in Metro
A A
Diezani to forfeit two luxurious homes, cars worth N2.4bn as Court gives verdict

Diezani Alison-Madueke to forfeit properties to the Federal Government of Nigeria

Former Nigeria’s Minister of Petroleum Resources, Mrs Diezani Alison-Madueke will be forfeiting her two Abuja properties and luxury cars worth N2.4bn to the Federal Government.

CONVERSEER gathered that the order was given by Justice Mobolaji Olajuwon of the Federal High Court, Abuja today Monday, October 24, 2022.

The two properties located at Plot 1854 Mohammed Mahashir Street, and No. 6, Aso Drive, in the highbrow Asokoro and Maitama Districts of Abuja are valued at $2,674,418 and N380,000,000 respectively.

Diezani to forfeit two luxurious homes cars worth N2.4bn as Court gives verdict 3 | Diezani to forfeit two luxurious homes, cars worth N2.4bn as Court gives verdict | Converseer
One of Diezani Alison-Madueke’s properties

The luxury cars are a black BMW saloon with Chassis No B8CV54V66629 and registered number, RBC155 DH and a black Jaguar saloon car with Chassis No SAJAA.20 GRDMv43376, valued at N36,000,000

The judge gave the order forfeiting the assets to the Federal Government of Nigeria while ruling on the application by the Economic and Financial Crimes Commission, EFCC, in Suit No. 1122/2021 and Suit No 1123/2021, asking for the final forfeiture of the assets.

Diezani to forfeit two luxurious homes cars worth N2.4bn as Court gives verdict 2 | Diezani to forfeit two luxurious homes, cars worth N2.4bn as Court gives verdict | Converseer
One of Diezani Alison-Madueke’s properties

The Commission had on November 29, 2021, secured the interim forfeiture of the assets in a ruling on a separate motion ex-parte filed on September 27, 2021, which prayed the court to order the interim forfeiture of the assets on the grounds of reasonable suspicion that they were proceeds of unlawful activities.

In granting the interim forfeiture Order, Justice Olajuwon had ordered the EFCC to publish a notice in a national newspaper, inviting anyone with interest in the assets to show cause why they should not be finally forfeited to the Federal Government of Nigeria. The court consequently adjourned till January 22, 2022, for the report.

Diezani Alison Madueke | Diezani to forfeit two luxurious homes, cars worth N2.4bn as Court gives verdict | Converseer
Diezani Alison-Madueke

In compliance with the Order of the Court, the Forfeiture Order was published in Thisday Newspaper on Wednesday, April 6, 2022.

In the absence of any contestation of the Interim Order, the Court, today, forfeited the properties to the Federal Government.

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Frank Ulom

Frank Ulom

Frank Ulom is an experienced Journalist, Blogger and a Biochemist with specialisation in Human Nutrition. He has worked and still working with various news organisations.

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