Tag Archives: $37.5m

Court orders forfeiture of Diezani’s Banana Island estate, $37.5m

July 19, 2017 by Delia Innoma 0 Comments

The Federal High Court sitting in Lagos has ordered a temporary forfeiture of  an estate in Banana Island area of Lagos reportedly owned by former Minister of Petroleum, Diezani Alison Madueke. The court also ordered the forfeiture of $37.5m alleged to have been fraudulently siphoned by the former minister. The property, designated as Building 3, […]

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