Skip to content
  • Movie

Michest Blog

  • News
  • Celebrity
  • Entertainment
  • Sport
  • Movie
  • Write-ups/Poem
  • Contact Us
  • Toggle search form

Court Orders Forfeit Of Deizani’s $37.5million Banana Island Mansion To FG

Posted on August 8, 2017 By Butosh No Comments on Court Orders Forfeit Of Deizani’s $37.5million Banana Island Mansion To FG

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.

ALSO READ  I paid $2m ransom to E-Money in Nsukka— Kidnap victim

“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.

“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.

News Tags:Corruption, Crime, Diezani

Post navigation

Previous Post: OSHO FREE?!!! Lady Calls Out Raheem Sterling For Failing To Pay Her After Night Together
Next Post: NEW MUSIC: Dr Paul – God Of Heven

Related Posts

Owner Of Hard Drugs Inside Yam Identified News
Naira Reaches All Time Low As It Sells For N570/$ At Parralel Market News
What Is The Meaning Of Sugar Daddy? News
Gospel Singer, Moses Bliss Announces Wedding Date With Ghanaian Fiance Celebrity
President Buhari Orders Immediate Closure Of International Airports And Land Borders News
LOBATAN! JAMB To Introduce ICPC, EFCC and DSS In Forthcoming Exam News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Butosh - Dark Storm

ADVERTISEMENT

Unlimited Music

Copyright © 2025 Michest Blog.

Powered by PressBook Grid Blogs theme