Court Orders Diezani to Permanently Forfeit Her $37.5m Banana Island Mansion to FG

Published 2 years ago by: kacy lee
at 7-08-2017 07:06PM (2 years ago)

(25711 | Addicted Hero) (f)

According to reports, a court in Lagos, has ordered Diezani to forfeit one of her mansions located on Banana Island.

Via  Punch.......

The Federal High Court in Lagos has ordered that a $37.5m mansion on Banana Island, Lagos linked to a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, be permanently forfeited to the Federal Government.

The court also ordered that the sums of sums of $2,740,197.96 and N84,537,840.70 realised as rents on the property should equally be forfeited to the Federal Government.

The orders were made on Monday by Justice Chuka Obiozor, following a motion on notice argued before him by the Economic and Financial Crimes Commission.

The anti-graft agency had on July 19, 2017, obtained a court order to temporarily seize the property designated as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana Island Foreshore Estate, which is said to have 24 apartments, 18 flats and six penthouses.

The court had directed that the temporary forfeiture order be published in a newspaper and then adjourned till Monday for anyone interested in the property and funds to appear to convince the court why they should not be permanently forfeited to the Federal Government.

At the Monday’s proceedings, the EFCC lawyer, Mr. Anselem Ozioko, told Justice Obiozor that the publication order had been complied with.

He, however, noted that despite going the extra length to personally serve the second and third respondent in the case, Afamefuna Nwokedi, and a company, Rusimpex Limited, they did not show up in court to contest the forfeiture order.

“In summary, it appears as if they are not willing to contest this application,” Ozioko said, urging Justice Obiozor to go ahead and order the permanent forfeiture of the property and the funds.

In a short ruling, The judge held, “In the face of the publication, which I find in Exhibit B of the affidavit of compliance before me, and there being no responses from any interested party, I have no other option but to grant the orders as prayed.”

The EFCC had earlier told the judge that the Banana Island manson was reasonably suspected to have been acquired with proceeds of unlawful activities by Diezani.

The anti-graft agency said its investigations revealed that Diezani purchased the property sometime in 2013 at the price of $37.5m, which she paid in cash.

According to the EFCC, the $37.5m was moved straight from Diezani’s house in Abuja and paid into the selller’s First Bank account in Abuja.

“Nothing could be more suspicious than someone keeping such huge amounts in her apartment. Why was she doing that? To avoid attention.

“We are convinced beyond reasonable doubt because as of the time this happened, Mrs. Diezani Alison-Madueke was still in public service as the Minister of Petroleum Resources,” the EFCC lawyer, Ozioko, had told Justice Obiozor.

tegonwa at 7-08-2017 07:11PM (2 years ago)
(6581 | Gistmaniac) (m)

All These Politicians Are The Same.Thieves!Thieves!Looters!Thieves!Just Watch Out For The Worst Revolution The World Has Never Witnessed!Very Hopeless!Nawaa O!
Zaki68 at 7-08-2017 07:36PM (2 years ago)
(993 | Upcoming) (m)

Starnixx at 7-08-2017 08:38PM (2 years ago)
(1009 | Gistmaniac) (m)

if na me eno go happen oo for my dictionary
pricklong at 7-08-2017 09:39PM (2 years ago)
(4171 | Gistmaniac) (m)

Wazubia at 7-08-2017 10:23PM (2 years ago)
(5519 | Gistmaniac) (m)

this woman should be executed by firing squad .
dareper at 7-08-2017 10:37PM (2 years ago)
(20578 | Addicted Hero) (m)

hmmm. nice judgement
deboalabi262 at 8-08-2017 12:00AM (2 years ago)
(13162 | Hero) (m)

 Cool Cool Cool Cool

paulantony at 8-08-2017 12:03AM (2 years ago)
(103 | Upcoming) (m)

rubbish,wasn't not the same high court that said she is not guilty..if not that americans has involved.
robertedo3 at 8-08-2017 06:21AM (2 years ago)
(158 | Upcoming) (m)

I  hope we dont hear tomorrow that property have been released again to  her by another court cos its always like this in nig
Henrybobo at 8-08-2017 08:55AM (2 years ago)
(1713 | Gistmaniac) (m)

Even after FG don collect dis one, we no go hear anything about am again dem go still say money no de, to me de are jus using FG as a way to bully others and collect their properties and money for themselves
ruthie at 8-08-2017 09:12AM (2 years ago)
(17435 | Hero) (f)

Sniper101 at 8-08-2017 01:47PM (2 years ago)
(2102 | Gistmaniac) (m)

na wa o

see what a "woman" illegally acquired just during a short appointment she had

...I wonder what "men" who have stayed in similar positions, for as long as I can remember, have acquired; illegally.
james987 at 8-08-2017 03:33PM (2 years ago)
(8653 | Hero) (m)