LAGOS – A Lagos Federal High Court, on Thursday ordered the forfeiture of of about N34bn linked to former Minister of Petroleum Resources, Diezani Alison-Madueke.
Justice Muslim Hassan, who had on January 6, 2017 issued an interim forfeiture order on the funds gave a “final forfeiture order” during today’s court proceedings.
The ruling followed the satisfaction of Justice Hassan with the argument of the Economic and Financial Crimes Commission, EFCC, that the huge funds were proceeds of illegal activity.
It will be recalled that shortly after the interim forfeiture order was made, the former minister issued a statement saying she had nothing to do with money. She had said the allegation was part of a smear campaign to tarnish her image by the EFCC and the present administration.
Details later…