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High Court orders forfeiture of 56 houses linked to former petroleum minister

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[dropcap]T[/dropcap]he Federal High Court in Lagos on Wednesday ordered the permanent forfeiture of 56 houses linked to  former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The houses, located in Abuja, Lagos and Port Harcourt, were said to have been acquired by the ex-minister between 2011 and 2013 using front companies.

The Economic and Financial Crimes Commission claimed that Diezani paid $21,982,224 for the properties, adding that it believed that the funds were proceeds of crime.

The anti-graft agency listed the properties to include 29 terraced houses comprising eight four-bedroomed penthouse apartments, six three-bedroomed apartments, two three-bedroomed maisonettes, two twin bedroomed apartments and one four-bedroom apartment.

The houses, located at No. 7, Thurnbull Street and 5, Raymond Street, Yaba, were allegedly bought by Diezani for the United States dollar equivalent of N937,000,000 through Chapel Properties Ltd.

Others seized houses are 16 four-bedroomed terraced houses in Heritage Court Estate, Plot 2C, Omerelu Street, Diobu, Government Residential Area (GRA) Phase 1 extension, Port-Harcourt, Rivers State, purchased for N928,000,000 through Blue Nile Estate Ltd.

The properties also include 13 three-bedroomed terraced houses with one-room maid’s quarters ensuite for N650,000,000 through Azinga Meadows Ltd.

 

 

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