Glamtush reports that Justice Mobolaji Olajuwon of the Federal High Court in Abuja on Monday ordered the final forfeiture of two Abuja properties and two luxury cars belonging to a former minister of petroleum resources, Mrs. Diezani Alison-Madueke, to the Federal Government.
This online newspaper understands that the two properties are located at Plot 1854 Mohammed Mahashir Street, and No. 6, Aso Drive, in the highbrow Asokoro and Maitama Districts of Abuja are valued at $2,674,418USD and N380, 000,000 respectively.
The luxury cars are a black BMW saloon with Chassis No B8CV54V66629 and registered number, RBC155 DH and a black Jaguar saloon car with Chassis No SAJAA.20 GRDMv43376, valued at N36,000,000.
The judge gave the order forfeiting the assets to the Federal Government of Nigeria while ruling on the application by the Economic and Financial Crimes Commission, EFCC in Suit No. 1122/2021 and Suit No 1123/2021, asking for the final forfeiture of the assets.
The Commission had on November 29, 202 secured the interim forfeiture on the assets in a ruling on separate motion ex-parte filed on September 27, 2021 which prayed the court to order the interim forfeiture of the assets on the grounds of reasonable suspicion that they were proceeds of unlawful activities.
In granting the interim forfeiture Order, Justice Olajuwon had ordered the EFCC to publish a notice in a national newspaper, inviting anyone with interest in the assets to show cause why they should not be finally forfeited to the Federal Government of Nigeria. The court consequently adjourned till January 22, 2022 for report.
In compliance with the Order of Court, the Forfeiture Order was published in Thisday Newspaper of Wednesday April 6, 2022.
In the absence of any contestation of the Interim Order, the Court, today, forfeited the properties to the Federal Government.
FIRS has begun a scrutiny of tax incentives and identified infractions. Glamtush reports that…
Telenovela star William Levy has broken his silence after his release from jail. Glamtush…
The court has declared the removal of Obasa as Lagos Speaker illegal. Glamtush…
The police have declared the daughter of the ABC transport owner wanted. Glamtush reports…
The Nigerian Navy has dismantled an illegal refinery in Delta. Glamtush reports that the…
Access Holdings has recorded 88% growth in gross earnings to N4.878 trillion. Glamtush reports…