A Federal High Court in Lagos state has ordered the permanent of forfeiture of a $37.5m Banana Island mansion owned by former Minister of Petroleum Resources, Diezani Alison-Madueke, on Monday, August 7, 2017.
Justice Chuka Obiozor had previously ordered a temporary forfeiture of the luxury property to the Federal Government on Wednesday, July 19.
The
court had asked for anyone with vested interest to present the court
with reasons why the property should not be permanently forfeited to the
government before Monday.
During
Monday's hearing, no party showed up to contest the order; thereby,
leaving the court with no option but to forfeit the property to the
Federal Government.
The
property, Building 3, Block B, Bella Vista Plot 1, Zone N, Federal
Government Layout, Banana Island Foreshore Estate, has 24 apartments, 18
flats, and six penthouses.
The Economic and Financial Crimes Commission (EFCC), represented by Anselem Ozioko, argued that the failure of second and third respondent in the case, Afamefuna Nwokedi, and a company, Rusimpex Limited, meant that "they are not willing to contest this application."
In
addition to the building, the court also ordered the permanent
forfeiture of the sums of $2,740,197.96 and N84,537,840.70 realised as
rents on the property.
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