Judge orders temporary forfeiture of N1.5 billion properties linked to Alison-Madueke

Former Minister of Petroleum Resources, Diezani Alison-Madueke
Former Minister of Petroleum Resources, Diezani Alison-Madueke

Justice Mojisola Olatoregun of the Lagos Division of the Federal High Court has granted a request by the Economic and Financial Crimes Commission for the temporary forfeiture two properties allegedly belonging to Diezani Alison-Madueke, the former Petroleum Minister.

The properties, valued at $4.7 million include Penthouse 21 building 5, Block C, 11th floor (Bella Vista Estate) Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos.

The judge ruled that the properties be forfeited to the Federal Government pending the conclusion of EFCC’s investigation into the ownership of the properties which it reasonably believes were procured with proceeds of crime.

The EFCC in an ex parte application brought for the forfeiture of the properties lists Diezani Alison-Madueke, Donald Amagbo, Schillenburg LLC, and Sequoyah Property Limited, as respondents.

Details shortly….


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  • Abdulmojeed Nojeemdeen

    Here comes another food for the mumus to shout witch hunt. Our oyel,she is a Christian, she is from the south south. What does she do to earn such wealth, by serving his Excellency, Jonathan,or by what, please?

  • share Idea

    Another distraction from propaganda party after EFCC was disgraced by Patience Jonathan in her Abuja case. Nigeria we hail thee

  • Message66

    I wonder what this woman would do with all the money she stole. But for her cancer, she should be jailed and the key thrown into the Atlantic.