Categories: Latest News

EFCC recovers N58 billion, 80 houses from former Petroleum minister, Diezani Madueke

A whooping N58 billion ($153m) and 80 houses have been recovered from former petroleum minister, Diezani Alison-Madueke, by the Economic and Financial Crimes Commission, EFCC.

This was disclosed by the anti-graft agency chairman, Abdulrasheed Bawa, in the April edition of the EFCC magazine, EFCC Alert.

He stated that the commission is trying to get Madueke repatriated from the United Kingdom (UK) where she has been residing since 2014.

“There are several cases surrounding that. As you may have read, I was part of that investigation, and we have done quite a lot. In one of the cases, we recovered $153 million; we have secured the final forfeiture of over 80 properties in Nigeria valued at about $80 million.
“We have done quite a bit on that. The other cases as it relates to the $115 million INEC bribery as the media has sensationalised it, is also ongoing across the federation,” Bawa said.

The EFCC boss, however, pointed out that prosecuting the former minister for alleged corruption is still far from reality since she was out of Nigeria’s jurisdiction.

He noted that despite the challenges associated with repatriating Diezani to face charges in the country, the case against her has not been abandoned.

The EFCC boss stated:

“We are looking forward to the time when we will, maybe, have her in the country, and of course, review things and see what will happen going forward. The case has certainly not been abandoned.”

Sunny Green Itodo

Recent Posts

Latest update on fuel price hike, fuel scarcity for November 22nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…

5 hours ago

Full List of 80,000 delisted companies published by CAC

The Corporate Affairs Commission (CAC) has officially removed companies that failed to file their annual…

5 hours ago

Amended NDLEA Act: Senate approves life imprisonment for drug traffickers, rejects death penalty

The Senate on Thursday agreed with the House of Representatives' recommendation to replace the death…

5 hours ago

Monday Odigie steps down as Bendel Insurance coach

Monday Odigie, the coach of Bendel Insurance Football Club of Benin, has resigned from his…

6 hours ago

Lewandowski reflects on missed Manchester United transfer

Robert Lewandowski has reflected on the time he nearly joined Manchester United in 2012, only…

6 hours ago

Okoye reflects on Super Eagles return after two years

Maduka Okoye has reflected on his first appearance for the Super Eagles in two years.…

7 hours ago