A Federal High Court in Lagos has ordered the forfeiture a plot of land in Port Harcourt, Rivers state, belonging to a former minister of petroleum resources, Diezani Madueke.
The presiding judge, Chuka Obiozor made the forfeiture order following an application by the Economic and Financial Crimes Commission (EFCC).
EFCC told the judge that the land, “measuring 7,903.71 – 8,029.585 square metres” and designated as Plot 9, Azikiwe Road, Old GRA (UAC Property on Forces Avenue), Port Harcourt, was reasonably suspected to part of proceeds of unlawful activities.
The anti-graft agency prayed the court for an order to allow it to appoint a competent person or firm to manage the asset/property.
The commission urged the court to proscribe any disposal, conveyance, mortgage, lease, sale or alienation or otherwise of the asset/property.
The counsel for the EFCC, Ebuka Okongwu argued that the judge had the power, pursuant to section 17 of the advance fee fraud and other related offences Act 2006, to make the forfeiture order.
After listening to the lawyer, Obiozor granted the forfeiture order as prayed by the lawyer.
Last week, the court ordered the forfeiture of some jewellery and a customised gold iPhone valued at $40 million belonging to Diezani.