Stella Dimoko Court Orders Final Forfeiture Of Diezani’s Penthouses To FG


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Thursday, March 01, 2018

Court Orders Final Forfeiture Of Diezani’s Penthouses To FG

The Federal High Court in Lagos on Wednesday ordered the final forfeiture of two penthouses valued at $4.760m allegedly belonging to former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

They are – Penthouse 21, Building 5, Block C, 11th floor (Bella Vista Estate) Banana Island, Ikoyi and Penthouse 22, Block B (Admiralty Estate) also in Ikoyi, Lagos. Ruling on an application filed by the Economic and Financial Crimes Commission (EFCC), JJustice Mojisola Olatoregun ordered that the buildings be forfeited to the Federal Government.

The Commission’s lawyer, Mr. ABC Ozioko, told the court that he had a motion on notice for a final forfeiture order in respect of the properties. He prayed for an order prohibiting the disposal of any mortgage or sale of the properties, and for an order authorising the EFCC to appoint a competent person or firm to manage the properties. The respondents’ counsel, Mr. Emmanuel Bassey, did not object to the prayers.

Justice Olatoregun granted the orders as prayed. She said: “I have observed the facts and exhibits attached and I am also mindful that the second, third and fourth respondents have no objections to the application. I, therefore, have no hesitation in ordering a final forfeiture of the properties to the federal government.

From the nation

*WOW...Na wah oh....


  1. This woman must have acquired so much properties. Happy New Month Stella and lovely BVs.

  2. It's about time.

  3. There's something psychologically wrong with anyone that can hoard this amount of money.


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