A Federal High Court in Lagos has ordered the interim forfeiture of an estate in highbrow Banana Island, Lagos belonging to former Petroleum Minister Diezani Alison-Madueke.
The court also ordered the seizure of 37 million dollars alleged to have been fraudulently siphoned by Alison-Madueke.
The Economic and Financial Crimes Commission says the money was stolen from the Nigerian National Petroleum Corporation and kept in three banks in Nigeria.
EFCC reveals huge amount, properties traced to Alison-Madueke
Justice Muslim Hassan, who gave the order, directed one of the banks to appear before it within 14 days, to prove the legitimacy of the money.
This post was first published on TVC Online
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