Allison-Madueke forfeits $40m jewelry to government
A federal High Court, Lagos has granted the application for final forfeiture of $40million worth of jewelry allegedly belonging to former Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke.
Interpol issues arrest warrant for Allison-Madueke, as EFCC confirms collaboration on extradition process
The International Police (Interpol) have issued an arrest warrant for former minister of Petroleum Resources, Mrs. Diezani Allison- Madueke, following a request by the Federal Government to the agency.
Federal Government approves N26 billion to pay debt owed DISCOs by MDAs
The Federal Executive Council (FEC) yesterday approved N26 billion to facilitate the payment of accumulated debt owed electricity Distribution Companies (DISCOs) for power consumed by Ministries, Departments and Agencies (MDAs).
Court adjourns ruling in forfeiture of Alison-Madueke's properties to September 22
Jusice Chuka Obiozor of the Federal High Court, Lagos, yesterday fixed September 22, 2017, to hear the application for the final forfeiture of four properties valued at N2.6b, linked to former Minister of Petroleum, Diezani Allison-Madueke and her associates.
Court orders interim forfeiture of Madueke's property
Apart from the property, the court also ordered a temporary forfeiture of the sums of $2.7 million and N85 million said to be part of rents collected on the property.
Court rejects plea bargain for INEC official
A Federal High Court in Lagos on Thursday held that a plea bargain agreement between the EFCC and an INEC official charged with money laundering, cannot avail the accused.
Court orders final forefeiture of N34bn linked to Madueke
A Federal High Court Lagos on Thursday ordered the final forfeiture of the sum of N34 billion (153 million dollars) linked to a former Minister of Petroleum Resources, Mrs Diezani Allison-Madueke.
‘How bank chief laundered N9b for ex-petroleum minister Allison-Madueke’
The Economic and Financial Crimes Commission (EFCC), yesterday, informed a Federal High Court Lagos that an Executive Director of First Bank Plc, Dauda Lawal, laundered funds on behalf of former Minister of Petroleum Resources...