A federal court in Lagos has ordered the final forfeiture of N23.4 billion, N9.08 billion, and $5 million (about N34 billion in total) linked to former petroleum minister, Diezani Alison-Madueke.
Justice Muslim Hassan, who had issued an interim forfeiture order on the funds on January 6, on Thursday gave a “final forfeiture order” on the funds.
Premium Times reports that the judge said he was satisfied with the Economic and Financial Crimes Commission’s argument that the monies were proceeds of illegal activity.
Details later…
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