Court orders final forfeiture of 7.6 billion naira linked to Alison-Madueke

The Federal High Court sitting in Lagos has ordered the final forfeiture of a sum of about 8 billion Naira allegedly hidden in a bank by a former Minister of Petroleum resources, Mrs Diezani Alison-Madueke, to the Federal Government.

The court had on august 9, 2017, ordered the interim forfeiture of the sum said to have been illegally kept in sterling bank plc.

The order granted by the vacation judge, Justice Chuka Obiozor, followed an ex parte application argued before him by the economic and financial crimes commission (EFCC).

 

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