Court Fixes DateTo Hear Application For Final Forfeiture Of Diezani's N2.6bn Properties

A Federal High Court sitting in Ikoyi, Lagos State, on Friday fixed September 22, 2017, to hear the application for the final forfeiture of four properties across Lagos and River States, and Abuja, valued at N2,611, 592, 199, linked to the former Minister of Petroleum, Diezani Allison-Madueke and her associates.

The said application was filed by the Economic and Financial Crimes Commission (EFCC) to get the properties finally forfeited to the Federal Government of Nigeria.


Counsel to the anti-graft agency, ABC Ozioko stated that there was no such order mandating the commission to serve the exparte application on the respondents, arguing that the companies involved have no directors and did not even exist. Therefore we ask for time to respond and to take the application for final forfeiture.



Justice Anka has directed EFCC to notify the respondents in whose possession the assets/properties sought to be forfeited are found to appear before the court and show cause within 14 days why the properties should not be forfeited to the FGN.


Justice Anka also directed EFCC to make the publication of the interim order in a National newspaper for the respondents and anyone who is interested in the properties to appear before the court to show cause within 14 days why the final order of forfeiture of the properties should not be made in favour of the Federal Government.


From P.M News