EFCC traces N47 Billion, $487 Million to ex-Oil Minister Diezani | Nigeria News Today. Your online Nigerian Newspaper

8


A massive investigation has revealed former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke’s love for property.


The Economic and Financial Crimes Commission(EFCC) has so far traced N47.2 billion and $487.5million to the ex-minister.

The agency also claimed that Mrs. Alison Madueke has N23,446,300,000 and $5milion (about N1.5billion) cash in various banks.

But only the about $37.5million Banana Island property has been forfeited to the Federal Government by the ex-minister.

On Monday , Justice Chuka Obiozor, a vacation judge sitting at the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of the property.

These revelations were contained in a fact-sheet released by the Public Affairs Directorate of the EFCC.

The fact-sheet is signed by two officers of the directorate, Mr. Tony Orilade and Aishah Gambari.

The document reads: “Apart from the jewellery, the EFCC, Nigeria’s foremost anti-corruption agency, has traced N47.2billion and $487.5million in cash and properties to the former Minister of Petroleum Resources in ex-President Goodluck Jonathan’s administration.

“This followed painstaking investigations by operatives of Nigeria’s Economic and Financial Crimes Commission (EFCC).”

In the fact-sheet, the EFCC gave the details of the properties linked with the ex-minister.

It accused Mrs. Alison Madueke of acquiring a block of six units serviced apartments a few metres away from the EFCC zonal operations hub in Ikoyi.

The document added: “Also in Lagos, Alison-Madueke allegedly bought a block of six units serviced apartments at number 135, Awolowo Road, Ikoyi, just a few hundred metres away from the EFCC zonal operations hub.

“The apartment has a standby power generating set, sporting facilities, play ground and a water treatment plant. The property was bought at the rate of N800 million (Eight hundred million naira) on January 6, 2012.

“Other properties in Yaba, Lagos, also discovered by the eagle eyes of the Commission’s operatives, are located at number 7, Thurnburn Street and 5, Raymond Street. The Thurnburn Street property consists of 21 mixed housing units of eight four-bedroom apartments, two penthouse apartments of three bedrooms each and six three-bedroom (all en-suite) terrace apartments.

“The Raymond Street property is made up of two en-suite 2-bedroom apartments and one four bedroom apartment.

“The Yaba, Lagos properties, which dug a deep hole of an eye-popping N1billion (One billion naira), were paid for on May 30, 2012. The same day Alison-Madueke splashed N900 million for the Port Harcourt estate.

“In Lekki Phase one, an upscale neighbourhood of Lagos, operatives found a twin four-bedroom duplex. The duplex is located on Plot 33, Block 112, Lekki Peninsula Residential Scheme Phase 1, Lekki, Lagos, with an estimated value of over N200million (Two hundred million naira).

“Also in Lagos, a large expanse of land at Oniru, Victoria Island, Lagos has also been traced to the former Petroleum Resources Minister. The land, which is located in Oniru Chieftaincy Family Private Estate, Lekki peninsular, Lagos and currently being utilised as a dumping site, was bought on February 16, 2012 for N135million (One hundred and thirty- five million naira).

“Plot 8, Gerard Road Ikoyi, Lagos, another property traced to Alison-Madueke, is a penthouse on the 11th floor in the Block B Wing of the building. It was bought for N12million (Twelve million naira) on December 20, 2011.”

Besides the properties in Lagos, the commission claimed that Mrs. Alison Madueke allegedly bought choice mansions in Abuja, Port Harcourt and Yenagoa in Bayelsa State.

It said: “On Plot 10, Frederick Chiluba Close, in the serene, upscale Asokoro District of Abuja, lies a tastefully built and finished duplex. In the compound, there are also a guest chalet, boy’s quarters, an elegant swimming pool, fully equipped sports gym and a host of other amenities.

“ Investigators have discovered that the property acquired by the ex-minister in December, 2009, at the cost of N400 million (Four hundred million naira) was never declared in any of the asset declaration forms filed by Alison-Madueke.

“Also linked to the former Minister in Abuja is a mini-estate at Mabushi, Abuja. The estate, located on Plot 1205, Cadastral Zone B06, Mabushi Gardens Estate, houses 13 three-bedroom terrace houses, each with one bedroom en-suite maid’s quarters. It was purchased on April 2, 2012 at the princely sum of N650million (Six Hundred and Fifty Million Naira).

“In Aso Drive, Maitama, Abuja, Alison-Madueke reportedly acquired a six bedroom en-suite apartment made up of three large living rooms, two bedroom guest chalets, two-bedroom boys quarters, two lock up garages and a car park. It was bought on July 20, 2011 for N80million (Eighty million naira).

“Down South in Nigeria’s oil city of Port Harcourt, the former minister’s acquisitive appetite took her to Heritage Court Estate, located on Plot 2C, Omerelu Street, Diobu Government Residential Area, Phase 1 Extension, Port Harcourt.

“The Estate, which is made up of 16 four-bedroom terrace duplexes, is equipped with, among other facilities, a massive standby power generating set. Alison-Madueke did not blink as she shelled out N900million (Nine hundred million naira) for it on May 30, 2012.

“In neighbouring Bayelsa State, an apartment with two blocks of flats, all en-suite, and with a maid’s quarters was also traced to her. The house located on Goodluck Jonathan Road, Yenagoa is sitting on a large expanse of land.

“Realtors spoken to by EFCC investigators have placed estimated values running into hundreds of millions of Naira on the property. The apartments have four living rooms, eight bedrooms and gold-plated furniture.”

Besides jewelry and property, Mrs. Alison-Madueke, EFCC operatives claim, has N23,446,300,000 and $5milion (about N1.5billion) in various Nigerian banks.

SOME OF THE ASSETS

A block of six units serviced apartments at 135, Awolowo Road, Ikoyi, Lagos
21 mixed housing units of eight four-bedroom apartments, two penthouse apartments of three-bedrooms each and six three-bedroom (all en-suite) terrace apartments in Yaba
A twin four-bedroom duplex at Lekki Phase one, Lagos
A large expanse of land at Oniru, Victoria Island, Lagos
A duplex at 10, Frederick Chiluba Close in Asokoro, Abuja
A six-bedroom en-suite apartment on Aso Drive, Maitama, Abuja
16 four-bedroom terrace duplexes at No. Heritage Court Estate, Plot 2C, Omerelu Street, Diobu GRA, Phase 1 Extension, Port Harcourt.

Post a Comment Default Disqus

  1. And some idiots will come out to support Jonathan and the party of thieves - PDP! Was it under Buhari that Alison was able to perpetrate all this mind-boggling corruptions or under Jonathan? Jonathan remain the person to blame 'cos he pretended to be blind to all these going on under his nose. Just imagine what part of our economy problems all these monies would have been able to sort out!
    KJoe

    ReplyDelete
  2. Do You Have Any Project That Needs Funding?

    Let Us Know What Type Of Loan You Really Want.

    A. Personal Loan
    B. Business Loan
    C. Education Loan
    D. Agric. Loan
    E. Mortgage Loan
    F. Travel Loan

    Send in Your answer from the options above using this format:

    Your Answer + Full Name + Amount Needed + Tel. No + Location + Your Valid Email address

    To

    call urs on or whatsapp 08107479780
    We will pair you with one or more short term loan lenders who can provide you with access to emergency funds without collateral.

    It's Fast And Simple. Only 50 entries Needed.

    Like our Page and send in your request FAST ...

    N/B. Only Completed Entry Will Be Accepted And Considered.

    Light, Camera, Action. Let's Get Started... Shall We !!

    ReplyDelete
  3. Am simply speechless. This is too much for one person to have.

    ReplyDelete
  4. HAHA ONLY U WOMAN FOR THAT MATTER GOD HAVE MERCY OOOOO

    ReplyDelete
  5. This is very unbelievable.Despite all these, let us not forget that the president has spent more than 90 days off duty.

    ReplyDelete
  6. The President has acted right by handing over power to the Vice President. The Vice President's appellation is Acting President now. This is what the constitution provided. It does not specify the number of days, months the Vice President acting capacity lapsed. Therefore, there is no pain, no gain.

    ReplyDelete
  7. Sadly, her people will defend her saying it's their oil money, the woman needs to be checked mentally, before she is stoned. Nigeria is very rich, the few looters are the ones killing these country and they only deserve capital punishment. The idiot suddenly developed fake cancer when jonadaft lost. #Death on all looters.

    ReplyDelete
  8. God, please just eliminate all political office holder in this country. Our politicians are evil, demons.

    ReplyDelete

Nigeria News Comments are Moderated. Clean Comments will be swiftly approved. No swear words, no racism, allowed.

 
xzb
Top