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This List Of Recovered Property is Craaazzzyyyy!!! EFCC Traces N47.2BN, $487.5Million to Diezani Alison-Madueke

DIEZANI ALISON-MADUEKE-600x473The Economic and Financial Crimes Commission said it has traced at least N47.2Billion and $487.5Million in cash and properties to former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

According to an article by PREMIUM TIMES, a search of one of  Alison-Madueke’s palatial residences in Abuja, by the Economic and Financial Crimes Commission (EFCC) turned up boxes of gold, silver and diamond jewellery, worth several million pounds sterling.

The former minister who has been in London since the birth of President Muhammadu Buhari’s administration, has however continued to deny any financial misdeed. She insists she is being severely maligned and persecuted by the EFCC.

But, on the strength of weighty evidence placed before Nigerian courts, there are a string of judicial pronouncements ordering the forfeiture of all allegedly ill-gotten wealth to Mrs. Alison-Madueke’s former employers, the Federal Government of Nigeria.diezani-loot

Here’s a list of other properties and acquisition believed to be hers…

1. A property in Banana Island, Lagos valued at $37.5m. She was said to have purchased the 15-storey building, which comprises 18 flats and six penthouses, between 2011 and 2012 from the developers, YF Construction and Real Estate.The property was allegedly acquired in the name of a shell company, Rusimpex Limited, which is managed by one Afamefuna Nwokedim, Principal Partner, Stillwaters Law Firm, Lagos.

 

2. A total sum of US$2, 740,197.96 and N84, 537,840.70 respectively found by EFCC in Rusimpex USD account No. 1013612486 domiciled in Zenith Bank Plc suspected to be proceeds of unlawful activities. The amount was later revealed to be rent realized on the property.

 

3.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.

 

4. Other properties in Yaba, Lagos, also discovered by the eagle eyes of EFCC, located at number 7, Thurnburn Street and 5, Raymond Street. The Thurnburn Street property consists of 21 mixed housing units of eight 4-bedroom apartments, two penthouse apartments of 3-bedrooms each and six 3-bedroom (all en-suite) terrace apartments.The Raymond Street property is made up of two en-suite 2-bedroom apartments and one 4-bedroom apartment.

The Yaba, Lagos properties, which cost an eye-popping N1 Billion (One Billion Naira), were paid for on May 30, 2012.

 

5. 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. Mrs. Alison-Madueke shelled out N900 Million (Nine Hundred Million Naira) for it also on May 30, 2012.

 

6. A twin four-bedroom duplex located on Plot 33, Block 112, Lekki Peninsula Residential Scheme Phase 1, Lekki, Lagos, with an estimated value of over N200 Million (Two Hundred Million Naira).

 

7. A large expanse of land at Oniru, Victoria Island, Lagos which is located in Oniru Chieftaincy Family Private Estate, Lekki peninsular, Lagos and currently being utilized as a dumping site. It was bought on February 16, 2012, for N135 Million (One Hundred and Thirty- Five Million Naira).

 

8. A penthouse on Plot 8, Gerard Road Ikoyi, Lagos situated on the 11th Floor in the Block B Wing of the building. It was bought for N12 Million (Twelve Million Naira) on December 20, 2011.

 

9. A tastefully built and finished duplex on Plot 10, Frederick Chiluba Close, in the serene, upscale Asokoro district of Abuja.  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. The property was acquired by the ex-minister in December, 2009, at the cost of N400 Million (Four Hundred Million Naira) which was never declared in any of the asset declaration forms filed by Mrs. Alison-Madueke.

 

10. 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 N650 Million (Six Hundred and Fifty Million Naira).

 

11. A 6-bedroom en-suite apartment in Aso Drive, Maitama, Abuja, 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 N80 Million (Eighty Million Naira).

 

12. An apartment with two blocks of flats, all en-suite, and with a Maid’s Quarters 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.

 

13. N23,446,300,000 and $5milion (about N1.5billion) in various Nigerian banks.

 

14. N9 billion allegedly laundered by some bank officials for Alison-Madueke.

 

15. N34 Billion naira which has also been traced to the former minister.

 

16. The sum of over $100 Million (One Hundred Million US dollars) traced to the accounts of several Independent National Electoral Commission (INEC) staffers, who were allegedly bribed by Alison-Madueke to compromise Nigeria’s 2015 general elections.

Alison-Madueke was a former Minister of Petroleum Resources in Ex-President Goodluck Jonathan’s administration.

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Peace is a wife and mother who reports and analyses global trends from the perspective of a Deeva; in the hope of invoking a thought process that will lead to a positive change.

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