We’ve Recovered $153m, Secured The Forfeiture Of More Than 80 Properties Worth $80m From Diezani — EFCC


The Economic and Financial Crimes Commission (EFCC) says it has acquired the final forfeiture of over $80 million worth of properties belonging to Diezani Alison-Madueke, a former minister of petroleum resources.

EFCC had filed charges of money laundering against Alison-Madueke who left Nigeria for the United Kingdom shortly before the inauguration of President Muhammadu Buhari’s administration.

Ex EFCC chairman, Ibrahim Magu had said Alison-Madueke stole “not less than $2.5 billion”

Speaking when he featured on One-on-One, a programme on Nigerian Television Authority (NTA), Abdulrasheed Bawa, the agency’s new chairman, said the EFCC has also retrieved the sum of $153 million from her.

Bawa said the anti-graft agency is still working on extraditing her, adding that “the case has certainly not been abandoned”.

“There are several cases surrounding that. As you may have read, I was part of that investigation, and we have done quite a lot. In one of the cases, we recovered $153million; we have secured the final forfeiture of over 80 properties in Nigeria valued at about $80million,” Bawa said.

“We have done quite a bit on that. The other cases as it relates to the $115million INEC bribery as the media has sensationalised it, is also ongoing across the Federation. We are looking forward to the time when we will, maybe, have her in the country, and of course review things and see what will happen going forward.”

In 2019, a federal high court decreed the permanent forfeiture of the $40million worth of jewelry seized from Alison-Madueke’s home.

A federal high court in Abuja had threatened to take off fraud charges brought against Alison-Madueke following her continued absence.


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