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    Nigeria seizes N7.6b from Diezani Alison-Madueke

    Chronicle EditorBy Chronicle EditorAugust 28, 2017No Comments2 Mins Read
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    Ozekhome says traducers spun ‘cocktail of lies’ around Diezani Alison-Madueke corruption cases in last 10 years
    Former Petroleum Minister, Diezani Alison-Madueke
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    Former Petroleum Minister, Diezani Alison-Madueke
    Former Petroleum Minister, Diezani Alison-Madueke

    A Nigerian court seized $21 million on Monday from bank accounts linked to a former oil minister accused of corruption as investigators continue to claw back her fortune.

    Federal high court judge Abdulazeez Anka ordered the immediate forfeiture of 7.6 billion naira ($21 million, 17.9 million euros) allegedly held in local bank accounts by Diezani Alison-Madueke, who was once one of Africa’s most prominent female politicians.

    Nigeria’s anti-graft Economic and Financial Crimes Commission (EFCC), which accuses Alison-Madueke of corruption, argued in court that she had illicitly laundered the funds with the help of top oil officials.

    Read Also Buhari happy that Nigeria economy is improving

    Since leaving office in 2015, Alison-Madueke has been implicated in bribery, fraud, misuse of public funds and money laundering cases in Nigeria, Britain, Italy and the United States.

    The former president of the global oil cartel OPEC, the first female to hold the post, Alison-Madueke has always denied the allegations which involve billions of dollars syphoned from oil deals and state accounts.

    The ruling followed two applications by the EFCC which earlier this month successfully seized properties worth $44 million that Alison-Madueke allegedly purchased with the proceeds of corruption.

    President Muhammadu Buhari, elected in 2015 on an anti-corruption platform, is seeking to stamp-out Nigeria’s widespread graft.

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    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources 

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    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources 

    Tinubu wept over June 12 disunity abroad, NADECO leader reveals on Inside Sources

    June 28, 2025
    Nigeria’s Customs boss, Adeniyi, elected WCO chairperson

    Nigeria’s Customs boss, Adeniyi, elected WCO chairperson

    June 28, 2025
    Goodluck Jonathan reveals how Yar'Adua's aide withheld handover letter

    Goodluck Jonathan reveals how Yar’Adua’s aide withheld handover letter

    June 28, 2025
    Atiku sad over Dantata's demise, calls his death 'end of an era'

    Atiku sad over Dantata’s demise, calls his death ‘end of an era’

    June 28, 2025
    NAPTIP declares Speed Darlington wanted for raping 15-year-old girl

    Speed Darlington blows hot, says NAPTIP has no right to declare him wanted

    June 28, 2025
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