Court orders seizure $37m Banana Island property belonging to Diezani Madueke

A court in Abuja has ordered the temporary seizure of property worth $37.5m (£29m) belonging to former oil minister Diezani Alison-Madueke on the suspicion that it was bought with ill-gotten money, the AFP news agency reports.

Diezani Alison Madueke

The seizure is part of a series of cases brought by the Economic and Financial Crimes Commission (EFCC).

The property is an apartment block on the upmarket Banana Island in Lagos.

Ms Alison-Madueke is currently on bail in London where she was arrested on corruption allegations.

She was oil minister under former President Goodluck Jonathan from 2010 to 2015.


Author: dailynewslagos

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