Across Nigeria Corruption Matters Main News News

Court orders final forfeiture of Diezani’s N7.6bn loot

Nigerian court seized $21 million on Monday from bank accounts linked to a former oil minister accused of corruption as investigators continue to claw back her fortune.

Federal high court judge Abdulazeez Anka ordered the immediate forfeiture of 7.6 billion naira ($21 million, 17.9 million euros) allegedly held in local bank accounts by Diezani Alison-Madueke, who was once one of Africa’s most prominent female politicians.

Nigeria’s anti-graft Economic and Financial Crimes Commission (EFCC), which accuses Alison-Madueke of corruption, argued in court that she had illicitly laundered the funds with the help of top oil officials.

Click here to read more...........

 

Subscribe to News Update

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Archives

%d bloggers like this: