Court orders forfeiture of 56 houses linked to Diezani

The Federal High Court in Lagos on Tuesday ordered the temporary forfeiture of 56 houses linked to a 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.


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

Properties listed included 29 terraced houses comprising eight four-bed rooms, penthouse apartments, six three-bed rooms apartments, two three-bed rooms maisonettes, two twin bed rooms 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.

Author: Jenny

A freelance Journalist, and an advocate of peace

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