Diezani Alison-Madueke loses 2 Lagos properties valued at $4.8m to FG


Diezani Alison-Madueke, former minister of petroleum resources has lost two of her prized properties situated in Lagos to a court order.

According to a report by TheCable, the federal high court sitting in Lagos ordered the temporary forfeiture of two penthouses which are linked to the ex-minister.

The properties, located in Lagos, are said to be valued at $4.760 million.

At its sitting on Tuesday, Mojisola Olatoregun, the presiding judge, ordered that the two properties be temporarily forfeited to the federal government pending investigations by the Economic and Financial Crimes Commission (EFCC).

The forfeiture order follows an ex-parte motion filed by the EFCC which told the court the properties are suspected to be proceeds of crime.



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