Corruption: N47.2bn, $487.5m Traced to Diezani'

Former minister Alison Madueke was under govt. probe for alleged corruption and money laundering. Net

The commission told Obiozor via an ex parte application that the N7.6bn was part of the $153,310,000 which Diezani allegedly siphoned from the coffers of the Nigerian National Petroleum Corporation (NNPC) in 2014.

"A search of one of Alison-Madueke's palatial residences in Abuja, by the Economic and Financial Crimes Commission, EFCC, turned up boxes of gold, silver and diamond jewellery, worth several million pounds sterling".

Justice Chuka Obiozor of the Federal High Court court in Lagos, Nigeria's commercial capital, ordered Alison-Madueke on August 7 to forfeit a $38 million property in the Banana Island district, one of the richest areas of the city, saying it was unlawfully acquired.

The EFCC also alleged that Mrs. Alison-Madueke stashed the money in three banks, and the Federal Government had since February previous year, through an order granted by another judge, Justice Muslim Hassan also of the Federal High Court, recovered part of the money from the other banks.

Carmelo Anthony won't be easily recruited by DeMarcus Cousins and Pelicans
I mean, I don't want to throw names out there, but some of the biggest names that are on the block right now I've reached out to. According to an National Basketball Association source , New Orleans also would have interest in getting Anthony for its roster.

Among the properties traced to her are a $37.5m property on Banana Island, Lagos, two apartments valued at $350m also on Banana Island, two properties valued at N1bn in Yaba, Lagos and a N900m property in Port Harcourt - the Rivers State capital.

The anti-graft agency recalled that the monies recovered so far include N23.4bn, $5m and another N9.08bn out of the $153.3m.

It, therefore, prayed the court to order Sterling Bank to deliver up to the Federal Government the N7.6bn still in its custody.

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