The Federal High Court Sitting in Lagos has ordered the
interim forfeiture of a sum of N7,646,700,000 said to have been illegally kept
in Sterling Bank Plc.
interim forfeiture of a sum of N7,646,700,000 said to have been illegally kept
in Sterling Bank Plc.
The Economic and Financial Crimes Commission linked the
offence to a former Minister of Petroleum Resources, Mrs. Diezani
Alison-Madueke. The Commission who wanted the money forfeited to the Federal
government told Justice Chuka Obiozor via an ex parte application that the N7.6
billion was part of a sum of $153,310,000 which Diezani allegedly siphoned from
the coffers of the Nigerian National Petroleum Corporation sometime in 2014.
offence to a former Minister of Petroleum Resources, Mrs. Diezani
Alison-Madueke. The Commission who wanted the money forfeited to the Federal
government told Justice Chuka Obiozor via an ex parte application that the N7.6
billion was part of a sum of $153,310,000 which Diezani allegedly siphoned from
the coffers of the Nigerian National Petroleum Corporation sometime in 2014.
The EFCC also alleged that Mrs. Alison-Madueke stashed the
money in three banks, and the Federal Government had since February last year,
through an order granted by another judge, Justice Muslim Hassan also of the
Federal High Court, recovered part of the money from the other banks.
money in three banks, and the Federal Government had since February last year,
through an order granted by another judge, Justice Muslim Hassan also of the
Federal High Court, recovered part of the money from the other banks.
Culled from Channels Tv
More details soon:
