Stella Dimoko Diezani's Banana Island Mansion To Be Taken Over By FG....


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Tuesday, August 08, 2017

Diezani's Banana Island Mansion To Be Taken Over By FG....

The Federal High Court in Lagos has ordered that a $37.5m mansion on Banana Island, Lagos linked to a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, be permanently forfeited to the Federal Government.

The court also ordered that the sums of sums of $2,740,197.96 and N84,537,840.70 realised as rents on the property should equally be forfeited to the Federal Government.

The orders were made on Monday by Justice Chuka Obiozor, following a motion on notice argued before him by the Economic and Financial Crimes Commission.
The anti-graft agency had on July 19, 2017, obtained a court order to temporarily seize the property designated as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana Island Foreshore Estate, which is said to have 24 apartments, 18 flats and six penthouses.

The court had directed that the temporary forfeiture order be published in a newspaper and then adjourned till Monday for anyone interested in the property and funds to appear to convince the court why they should not be permanently forfeited to the Federal Government.

At the Monday’s proceedings, the EFCC lawyer, Mr. Anselem Ozioko, told Justice Obiozor that the publication order had been complied with.

From Punch

*They keep collecting all these monies and properties and no improvement in the Economy....


  1. Stella no improvement is an understatement o.People are living in poverty of d highest order in Nigeria.I once sent some things to u abt our oil blocks.They are for Nigerians dat is d masses why shd It be shared among d Elite only.They shd revoke all and let d money be used to develop Nigeria and pay Nigerians monthly those who do not have jobs.Den Nigeria will be a better place.Look at our airport compared to South Africa airport.God help us o.

  2. Is this happening in the same country that we still have the most corrupt Senate President (Saraki) and Stella Oduah in the senate? She must have done wrong so is 90% of people in Nigeria government and wonder why they didn't go after other people too. BTW,last time I checked,none of Saraki, Oduah properties was taken by the FG. She might have done wrong but same applies to all of them and this is pure Witch hunt

  3. After selling off the property what will happen to the money, as we don't get to hear of all the recovery funds

  4. no improvement ,no good road ,no electricity ;simple thing that Nigerians needs,we just have wicked leaders from pit of hell .

  5. Recovered loot cannot be spent without being properly captured and appropriated for in the budget.

    The loot is housed in the CBN and well documented with the ministry of finance.

  6. This woman is a thief,ahn ahn $37.5mill mansion not naira?onyeoshi,chai this people have finished us,with her ernomous eyes,anya onyeoshi#sopissed#

    1. She stole too much.
      Way too much!☹️

      Stil waiting for the main deal.

      *crosses legs and sips imaginary water in anticipation*

  7. Please ignorance won't be an excuse for foolhardy. Seized property or loot can't be used unless fully processed ....


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