There was no successful bid today as a N13.1billion bid for 24 units of luxury flats at Banana Island, Ikoyi, Lagos, failed during the opening of bids for forfeited properties by the Economic and Financial Crimes Commission, on Monday, January 9, 2023, in Abuja.
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The Economic and Financial Crimes Commission (EFCC) has begun the sales of 160 houses and lands worth billions of naira spread across highbrow areas in Lagos, Abuja and 14 other states.
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Ibrahim Magu, acting Chairman of the Economic and Financial Crimes Commission, on Monday, revealed that ex-Petroleum Minister, Diezani Allison Madueke, is in protective custody in the UK hence efforts to arrest the fugitive ex-minister has always met a brick wall. Magu, therefore, begged the United Kingdom to extradite Mrs. Alison-Madueke, to Nigeria to account for an allegedly missing $2.5bn. Magu, who addressed journalists preparatory to the passing out parade of the EFCC trainees at the Nigerian Defence Academy, Kaduna, alleged that the former minister stole Nigeria’s money. The EFCC boss…
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Justice Ijeoma Ojukwu of the Federal High Court in Abuja has given the Economic and Financial Crimes Commission a deadline of March 2020 to have a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke extradited to Nigeria. The commission had in November 2018 filed 13 counts of money laundering against the ex-minister accusing her of unlawfully taking into her possession the sums of $39.7m and N3.32bn with which she allegedly bought choice properties in Abuja, Lagos and Port Harcourt in Rivers State, while she was in office. When the matter…
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