Court orders forfeiture of assets linked to Diezani
- The Federal High Court sitting in Lagos state orders interim forfeiture of 37.5m US dollars alleged to have been fraudulently siphoned by Diezani Alison Madueke
- Presidential aide Lauretta Onochie, shares a news report on how Diezani, allegedly spearheaded one of the biggest oil frauds Nigeria has ever had
- The report states that the former minister is also expected to name over 200 accomplices who participated in the alleged fraud
The Federal High Court sitting in Lagos state has ordered the interim forfeiture of some assets linked to a former minister of petroleum, Diezani Alison Madueke.
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The interim order of forfeiture was in respect to an estate in Banana Island, Lagos, Channels TV reports.
The court in its ruling on Wednesday, July 19, also ordered the forfeiture of 37.5m US dollars alleged to have been fraudulently siphoned by the former minister.
The judge presiding over the case, Justice Chuka Obiozor, made the forfeiture order after listening to an exparte application brought by the Head of Legal of the Economic and Financial Crimes Commission, (EFCC) Mr Anselm Ozioko.
The court also directed the EFCC to publish the order in the newspapers so that any interested party who does not want the money to be permanently forfeited to the Federal Government could appear in court within 14 days.
The judge adjourned the case to August 7, 2017 for anyone interested in the property and funds to appear before him.
Meanwhile, Diezani could face a jail term of between 12-15 years in prison if found guilty of fraud which reportedly occurred while she served as minister.
Disclosing this on Tuesday, July 18, the personal assistant to the president on Social Media, Lauretta Onochie, said the former minister is also expected to name over 200 accomplice who connived, helped or participated in one of the biggest oil fraud Nigeria has ever had.
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The presidential aide in a Facebook post titled, The Biggest Oil Industry Heist, Ever, cited a news report which stated that that Diezani is not prepared to go down alone as she is preparing to name all her accomplices.
According to the post, Diezani and her cronies have fraudulently milked Nigeria about $11Billion from offshore processing agreements (OPAs) popularly known as oil swap.
The report stated that within the period Diezani headed the petroleum sector, Nigeria lost about $50 billion.
In the video below, Legit.ng TV asked some Nigerians if they can name any politician in the country who has not been accused of corruption.