Nigeria: Court Orders Temporary Forfeiture of U.S.$4.760 Million Penthouses Linked to Alison-Madueke

6 December 2017

A Federal High Court in Lagos on Tuesday ordered that two penthouses linked to the former Minister of Petroleum Resources, Diezani Alison-Madueke, and valued at $4.760million, be temporarily forfeited to the federal government.

Justice Mojisola Olatoregun ordered that two properties: Penthouse 21, Building 5, Block C, 11 floor (Bella Vista Estate) Banana Island, Ikoyi, and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos, be forfeited to the government, pending the conclusion of the investigation.

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