00:00:00
TFMNGTV LIVE SPORTS 1-5 STREAMS AT THE TOP LEFT SPACE BELOW (if not on autoplay already, click play, cancel redirecting pages, this may take 3 or more attempts, then get the audio unmuted thereafter by moving your cursor on the video in search of unmute icon by the right bottomđź‘Ś). WATCH AND LISTEN TO TFMNGTV GENERAL CHANNEL ATOP & TFMNGRADIO GENERAL CHANNEL BY THE TOP RIGHT SIDE WITH THE TV TOO

Tuesday, 25 October 2022

At last, Court orders final forfeiture of over $2.7m former Petroleum Minister Diezani’s Abuja assets



Justice Mobolaji Olajuwon of the Federal High Court, Abuja Monday ordered the final forfeiture of two Abuja property and two luxury cars belonging to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to the Federal Government.


The judge gave the order forfeiting the assets to the federal government while ruling on the application by the Economic and Financial Crimes Commission (EFCC) in Suit No. 1122/2021 and Suit No 1123/2021, asking for the final forfeiture of the assets.

The Commission had on November 29, 2021, secured the interim forfeiture of the assets in a ruling on a separate motion ex-parte, filed on September 27, 2021, which prayed the court to order the interim forfeiture of the assets on the grounds of reasonable suspicion that they were proceeds of unlawful activities.

The two property are located at Plot 1854 Mohammed Mahashir Street, and No. 6, Aso Drive, in the highbrow Asokoro and Maitama Districts of Abuja and are valued at $2,674,418USD and N380, 000,000 respectively.

The luxury cars are a black BMW saloon with Chassis No B8CV54V66629 and registered number, RBC155 DH and a black Jaguar saloon car with Chassis No SAJAA.20 GRDMv43376, valued at N36,000,000

In granting the interim forfeiture Order, Justice Olajuwon had ordered the EFCC to publish a notice in a national newspaper, inviting anyone with interest in the assets to show cause why they should not be finally forfeited to the federal government.

The court consequently adjourned till January 22, 2022, for a report.

In compliance with the Order of the Court, the Forfeiture Order was published in Thisday Newspaper of Wednesday, April 6, 2022.

In the absence of any contestation of the Interim Order, the Court, today, forfeited the property to the federal government.

No comments:

Post a Comment

Disclaimer!!! Opinions expressed in comments do not represent THE FOREFRONT MEDIA NG's views. All participants are entitled to their opinions. Thank you!!!


Advertise on the Forefront: For advert placement in the blog or advert posts like news updates, reach +2348124620827 [WhatsApp].

Copyright 2022 The Forefront Media Ng. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from The Forefront Media Ng

Featured post

CBN Confirms evacuation of banknotes to Deposit Money Banks

The Central Bank of Nigeria, CBN has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

TRENDING POSTS IN ONE WEEK