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Nigerian court seizes property linked to ex-oil minister

AFP  |  Lagos 

A Nigerian has ordered the permanent seizure of properties worth some USD 7 million from the country's former minister, who is facing a slew of corruption claims.

Judge Abdulaziz Anka, sitting at the Federal High in Lagos, yesterday ordered the forfeiture of properties in Lagos, Abuja and Port Harcourt.

The houses and apartments, valued at 2.6 billion naira and bought through front companies, were linked to Diezani Alison-Madueke and her cousin, Donald Chidi Amamgbo.

Anti-corruption investigators found documents at Amamgbo's office that he owned some 18 companies and properties in and the United States, the has heard.

He told Nigeria's Economic and Financial Crimes Commission (EFCC) the companies had been registered to hold property on Alison-Madueke's behalf.

The 56-year-old, who was also the first female president of the cartel OPEC, was arrested in in October 2015 as part of a British police investigation into corruption.

She is currently on bail.

Last month, a court in south ordered a freeze on five upmarket properties in the British capital linked to Alison-Madueke and a number of her associates.

In August, another Nigerian judge ordered the confiscation of Alison-Madueke's $37 million luxury apartment complex in the upmarket Banana Island area of Lagos.

The previous month, the US authorities announced it had begun proceedings to seize $144 million of assets belonging to associates of the former minister.

Among them were an $80 million superyacht and a $50 million luxury apartment in New York allegedly bought with the proceeds of suspect contracts awarded by Alison-Madueke.

Nigerian President Muhammadu Buhari was elected on a promise to tackle endemic government corruption and claw back what he said were "mind-boggling" sums of stolen public money.

In particular the state-run Nigerian National Petroleum Corporation (NNPC), which Alison-Madueke oversaw, has been singled out for reform.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 12 2017. 15:42 IST