Diezani To Forfeit 56 Houses Valued At $22million

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A Federal High Court in Lagos on Wednesday ordered the final forfeiture to the Federal Government of 56 houses situated in Lagos, Port Harcourt and Abuja linked to a former Minister of Petroleum Resources, Diezani Allison-Madueke.

The value of the properties was put at 22 million dollars.

The forfeited properties include 21 mixed housing units of eight four-bedroom penthouse apartment, six three-bedroom apartments, two three-bedroom apartment and one four-bedroom apartment.

The properties located at 7, Thurnburn St., and 5, Raymond St., Yaba, are valued at N937 million and bought through Chapel Properties Ltd.

The 16 four-bedroom terrace located at Heritage Court Estate, Omerelu Street, Diobu GRA, Port Harcourt, River, valued at N928 million were bought through Blue Nile Estate Ltd.

Others are 13 units of 3-bedroom with one room maid’s quarter situated at Mabushi Gardens Estate, Plot 1205, Cadastral Zone B06, Mabushi, Abuja, valued at N650 million, were bought through Azinga Meadows Ltd.

Also, the A six flats of three-bedroom and one boys quarter located at Plot 808 (135), Awolowo Road, Ikoyi, Lagos, valued at N805 million were bought for the ex-minister through Vistapoint property Development Ltd.

The forfeiture order followed a motion by the Economic and Financial Crimes Commission (EFCC) seeking the permanent forfeiture of the properties.

The anti-graft agency while urging the court to grant the motion, argued that the properties sought to be attached “are reasonably suspected to be proceeds of unlawful activities”.

After listening to the submissions of EFCC’s lawyer, Mr Anselem Ozioko, Justice Abdulazeez Anka, granted the motion.

The judge noted that there was no response to the applicant’s motion on notice for final forfeiture by any of the respondents in spite of the fact that they were served with the hearing notice.

“I have gone through the affidavit attached to motion for final forfeiture as well as the submissions of the EFCC’s counsel, Mr Ozioko.

“The court has no option considering the incontrovertible evidence led by the EFCC than to grant the application.

“The motion for final forfeiture is accordingly granted as prayed. All parties have a right of appeal,” the judge ruled.

Joined as respondents in the suit are Mrs Diezani Alison-Madueke, Donald Chidi Amamgbo, Chapel Properties Ltd, Blue Nile Estate Ltd, Azinga Meadows Ltd, and Vistapoint Property Development Ltd.

(NAN)

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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