Court Orders Confiscation of Property Traced to Diezani

Court Orders Confiscation of Property Traced to Diezani

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office has full of regard for the interim sequestration of property linked to a former Minister of Petroleum wealth, Diezani Alison-Madueke, Donald Chidi Amangbo and Sequoyah Properties Limited.

A Federal High Court, sitting in Lagos, manage over by Justice Chuka Obiozor, granted the order for interim sequestration of the property traced to Diezani.

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The property is located at Plot 9, Azikiwe Road, Old GRA, Port Harcourt, Rivers State.

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The order was pursuant to a motion ex-parte dated March 4, 2019, conduct by the EFCC. Ruling on the movement ex-parte, Justice Obiozor held that: “An interim sequestration order of this honest court is hereby granted, sequestration to the Federal Government of Nigeria the property which is reasonably suspected to be earnings of unlawful activity.

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The court more distant ordered the EFCC to publish the neatness in any national daily in movement in Nigeria “and especially in circulation in Port Harcourt and Lagos, and all persons focused in the said property are further put on attention to show cause why the final order of denial of the affected property ought not to be made by this court.”

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The court is expected to give an at a greater distance ruling on May 9, 2019.

 

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Oluseyi Adefowora

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