Diezani finally forfeits penthouse to FG

Justice Mojisola Olatoregun sitting at a Federal High Court in Lagos, Wednesday ordered the final forfeiture of two property belonging  to a former minister of petroleum, Diezani Alison-Madueke. The properties are: Penthouse 21 building 5, Block C, 11 floor, Bella Vista, Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos. […]

Justice Mojisola Olatoregun sitting at a Federal High Court in Lagos, Wednesday ordered the final forfeiture of two property belonging  to a former minister of petroleum, Diezani Alison-Madueke.

The properties are: Penthouse 21 building 5, Block C, 11 floor, Bella Vista, Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos.

The judge ought to give the judgments on February 14 but the court did not sit because the judge was attending a workshop.

Following an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC) last year, the judge ordered an interim forfeiture of the said properties on December 5, 2017.

Likewise, Justice Olatoregun ordered the commission to make publication of the forfeiture in national dailies to allow anyone interested in the properties to show cause why the houses should not be forfeited to the federal government.

Having fulfilled the orders of the court, the commission asked the court to permanently forfeit said properties to the government.

While granting EFCC’s prayer today, the judge noted that the anti-graft agency has been able to show evidentially why the Ikoyi penthouses should be forfeited to the federal government.

The court had ordered that the properties be forfeited to the federal government, pending the conclusion of investigation.