A federal court sitting in Lagos has ordered the permanent forfeiture of N23.4 billion, N9.08 billion, and $5 million (about N34 billion in total) linked to former petroleum minister, Diezani Alison-Madueke, Premium Times reports.
Justice Muslim Hassan, who had ealier issued an interim forfeiture order on the funds on January 6, on Thursday gave a final forfeiture order on the funds stating he was satisfied with the Economic and Financial Crimes Commission’s argument that the monies were proceeds of illegal activity.
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