NIGERIAN COURT ORDERS FORFEITURE OF 153 MLN USD LINKED TO FORMER OIL MINISTER
Last Updated: 2017-02-17
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LAGOS, Feb 17 (NNN-NAN) -- A Federal High Court Lagos has ordered the final forfeiture of 34 billion Naira (about 153 million US dollars) linked to a former Minister of Petroleum Resources, Diezani Allison-Madueke.

Justice Muslim Hassan issued the order Thursday while delivering judgment in a suit brought by the Economic and Financial Crimes Commission (EFCC) seeking the forfeiture of the money as proceeds of crime.

Justice Hassan had on Jan 6 issued an interim order of forfeiture of the N34 billion to the Federal Government following an ex parte application by the EFCC seeking a similar relief. The EFCC had initiated an ex-parte application, seeking an interim order for the temporary forfeiture of the sum which it claimed was linked to the former Minister.

Also joined in the suit was Dauda Lawal as respondent.

The court had also issued 14 days to any interested party to appear and prove the legitimacy of the money failing which the money would be permanently forfeited to the government. -- NNN-NAN