EFCC traces N47b, $487m to ex-Oil Minister Diezani

The Economic and Financial Crimes Commission(EFCC) has so far traced N47.2 billion and $487.5million to the ex-minister.

The agency also claimed that Mrs. Alison Madueke has N23,446,300,000 and $5milion (about N1.5billion) cash in various banks.

But only the about $37.5million Banana Island property has been forfeited to the Federal Government by the ex-minister.
On Monday, Justice Chuka Obiozor, a vacation judge sitting at the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of the property.
These revelations were contained in a fact-sheet released by the Public Affairs Directorate of the EFCC.
The fact-sheet is signed by two officers of the directorate, Mr. Tony Orilade, and Aishah Gambari.
The document reads: “Apart from the jewelry, the EFCC, Nigeria’s foremost anti-corruption agency, has traced N47.2billion and $487.5million in cash and properties to the former Minister of Petroleum Resources in ex-President Goodluck Jonathan’s administration.
“This followed painstaking investigations by operatives of Nigeria’s Economic and Financial Crimes Commission (EFCC).”
In the fact-sheet, the EFCC gave the details of the properties linked with the ex-minister.
It accused Mrs. Alison Madueke of acquiring a block of six units serviced apartments a few metres away from the EFCC zonal operations hub in Ikoyi.
The document added: “Also in Lagos, Alison-Madueke allegedly bought a block of six units serviced apartments at number 135, Awolowo Road, Ikoyi, just a few hundred metres away from the EFCC zonal operations hub.
“The apartment has a standby power generating set, sporting facilities, play ground and a water treatment plant. The property was bought at the rate of N800 million (Eight hundred million naira) on January 6, 2012.
“Other properties in Yaba, Lagos, also discovered by the eagle eyes of the Commission’s operatives, are located at number 7, Thurnburn Street and 5, Raymond Street. The Thurnburn Street property consists of 21 mixed housing units of eight four-bedroom apartments, two penthouse apartments of three bedrooms each and six three-bedroom (all en-suite) terrace apartments.
“The Raymond Street property is made up of two en-suite 2-bedroom apartments and one four bedroom apartment.
“The Yaba, Lagos properties, which dug a deep hole of an eye-popping N1billion (One billion naira), was paid for on May 30, 2012. The same day Alison-Madueke splashed N900 million for the Port Harcourt estate.
“In Lekki Phase one, an upscale neighborhood of Lagos, operatives found a twin four-bedroom duplex. The duplex is located on Plot 33, Block 112, Lekki Peninsula Residential Scheme Phase 1, Lekki, Lagos, with an estimated value of over N200million (Two hundred million naira).
“Also in Lagos, a large expanse of land at Oniru, Victoria Island, Lagos has also been traced to the former Petroleum Resources Minister. The land, which is located in Oniru Chieftaincy Family Private Estate, Lekki peninsular, Lagos and currently being utilised as a dumping site, was bought on February 16, 2012, for N135million (One hundred and thirty- five million naira).
“Plot 8, Gerard Road Ikoyi, Lagos, another property traced to Alison-Madueke, is a penthouse on the 11th floor in the Block B Wing of the building. It was bought for N12million (Twelve million naira) on December 20, 2011.”
Besides the properties in Lagos, the commission claimed that Mrs. Alison Madueke allegedly bought choice mansions in Abuja, Port Harcourt, and  Yenagoa in Bayelsa State.
It said: “On Plot 10, Frederick Chiluba Close, in the serene, upscale Asokoro District of Abuja, lies a tastefully built and finished duplex. In the compound, there are also a guest chalet, boy’s quarters, an elegant swimming pool, fully equipped sports gym and a host of other amenities.
“ Investigators have discovered that the property acquired by the ex-minister in December 2009, at the cost of N400 million (Four hundred million naira)  was never declared in any of the asset declaration forms filed by Alison-Madueke.
“Also linked to the former Minister in Abuja is a mini-estate at Mabushi, Abuja. The estate, located on Plot 1205, Cadastral Zone B06, Mabushi Gardens Estate, houses 13 three-bedroom terrace houses, each with one bedroom en-suite maid’s quarters.  It was purchased on April 2, 2012, at the princely sum of N650million (Six Hundred and Fifty Million Naira).
“In Aso Drive, Maitama, Abuja, Alison-Madueke reportedly acquired a six bedroom en-suite apartment made up of three large living rooms, two bedroom guest chalets, two-bedroom boys quarters, two locks up garages and a car park. It was bought on July 20, 2011, for N80million (Eighty million naira).
“Down South in Nigeria’s oil city of Port Harcourt, the former minister’s acquisitive appetite took her to Heritage Court Estate, located on Plot 2C, Omerelu Street, Diobu Government Residential Area, Phase 1 Extension, Port Harcourt.
“The Estate, which is made up of 16 four-bedroom terrace duplexes, is equipped with, among other facilities, a massive standby power generating the set. Alison-Madueke did not blink as she shelled out N900million (Nine hundred million naira) for it on May 30, 2012.
“In neighbouring Bayelsa State, an apartment with two blocks of flats, all en-suite, and with a maid’s quarters was also traced to her. The house located on Goodluck Jonathan Road, Yenagoa is sitting on a large expanse of land.
“Realtors spoken to by EFCC investigators have placed estimated values running into hundreds of millions of Naira on the property. The apartments have four living rooms, eight bedrooms, and gold-plated furniture.”

Besides jewelry and property, Mrs. Alison-Madueke, EFCC operatives claim, has N23,446,300,000 and $5milion (about N1.5billion) in various Nigerian banks.

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