A Federal High Court in Lagos has ordered the final forfeiture of assets linked to former petroleum minister, Diezani Alison-Madueke, and five other people. The assets are estimated to be worth about ₦3 billion. The final forfeiture order followed the ruling on an application filed by the anti-corruption agency, EFCC. Mrs. Alison-Madueke is currently in […]
Diezani Alison-Madueke, Nigeria’s former minister of petroleum resources has decided to cut down her taste following the order by Nigerian courts forcing her to permanently forfeits assets worth £11 million to the Federal Government. The multi-million dollar jewelry and multi-million dollar houses reportedly owned by the former minister are fading into history as she comes […]
The Daily Times has obtained a 2010 letter from former petroleum minister, Diezani Alison-Madueke to former president Goodluck Jonathan questioning the legality of a controversial 2010 effort to remove the government subsidy on kerosene. According to the letter, titled ‘Request for Clarification on the status of Dual Purpose Kerosene Subsidy Removal,’ Alison-Madueke said that under […]
*Also directs forfeiture of $2.7m, N84.5m rent A Federal High Court in Ikoyi on Monday ordered the final forfeiture to the Federal Government, a $37.5million high rise building on Banana Island, Lagos, belonging to the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. Justice Chuka Obiozor also ordered that $2.7m and N84.5m realised as rents […]
The United Kingdom will begin the trial of former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke, and four others in London, in June 2017, over allegations of corruption and money laundering. Diezani who has been in the UK since 2015, is alleged to have stashed in the UK, proceeds from corrupt practices she got while […]
Former Minister of Petroleum Resources, Diezani Alison-Madueke, is alleged to be the owner of two mansions located in Dubai. According to Sahara Reporters, the buildings are worth 74m Dirham.
• Diezani: We’ve started repaying •Says ‘No plan to flee Nigeria’ Far from being over, the controversy over alleged missing oil remittances may have only just begun. Although the outgoing government of the Peoples Democratic Party (PDP) says forensic report has put the figure at $1.48 billion dollars, the incoming party, the All Progressives […]
Former Head of State, General Abdulsalami Abubakar (rtd), on Thursday, described those misinterpreting his meetings with Minister of Petroleum, Diezani Alison- Madueke, as mischief makers. Abubakar, who chaired the National Peace Committee for the 2015 general election, admitted that in his capacity as peace maker, he had met a lot of ministers and other key […]
The Minister of Petroleum Diezani Alison-Madueke has raised an alarm that low oil prices constitute a threat to Nigeria’s plan to raise crude oil production to 4 million barrels per day (b/d) by 2020. Alison-Madueke made this assertion at Nigeria Oil & Gas 2015 conference in Abuja, adding that “persistent depressed oil prices may limit […]