While the former minister has claimed that she did not steal from Nigeria, amidst numerous allegations of fraud leveled against her, but revelations coming out daily prove to the contrary.
These revelations were contained in a fact-sheet released by the Public Affairs Directorate of the EFCC.
EFCC, in an article written by two of its staff, Tony Orilade, and Aisha Gambari stated: “From time immemorial, precious metals – gold, silver and sparkling stones such as diamonds have delighted women. Relationships have been built and destroyed, wars fought for and reconciliations cemented with gold and precious stones. Not too far back in history, Liberia was the theatre of war over Blood Diamonds.
“Unlike Liberia however, the Nigerian nation is not at war. But, it seems Mrs. Diezani Alison-Madueke, until recently, Minister of Petroleum Resources, going by the sheer amount of her acquisition of gold and diamonds, may have been fighting a spirited war against millions of compatriots who are heavily and unevenly yoked by crass poverty. To boot, the former minister is accused of having stolen – in broad daylight – the money that funded her acquisitive binge.
“A search of one of Mrs. Alison-Madueke’s palatial residences in Abuja, by the Economic and Financial Crimes Commission (EFCC) turned up boxes of gold, silver and diamond jewelry, worth several million pounds sterling.
“Apart from the jewelry, the EFCC, Nigeria’s foremost anti-corruption agency, has traced N47.2 Billion and $487.5 Million in cash and properties to the former Minister of Petroleum Resources in Ex-President Goodluck Jonathan administration.
“The former minister who has been in London since the birth of President Muhammadu Buhari’s administration has however continued to deny any financial misdeed. She insists she is being severely maligned and persecuted by the EFCC.
“But, on the strength of weighty evidence placed before Nigerian courts, there are a string of judicial pronouncements ordering the forfeiture of all allegedly ill-gotten wealth to Mrs. Alison-Madueke’s former employers, the Federal Government of Nigeria.
“One of the constitutional requirements to be appointed to public office in Nigeria is the total declaration of all personal assets. It does seem like that provision was observed more in the breach by Mrs. Alison-Madueke.
“The EFCC, in the course of investigation, traced another property valued at $37.5m to the former minister in Banana Island, Lagos. She was said to have purchased the 15-storey building, which comprises 18 flats and six penthouses, between 2011 and 2012from the developers, YF Construction and Real Estate.
“The property was allegedly acquired in the name of a shell company, Rusimpex Limited, which is managed by one Afamefuna Nwokedim, Principal Partner, Stillwaters Law Firm, Lagos.
On Monday, Justice Chuka Obiozor, a vacation judge sitting at the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of the property.
Below is a table of everything traced by the commission to Allison-Madueke so far:
ITEM VALUE (IN USD) VALUE (IN NAIRA) YEAR ACQUIRED
15-storeyed mansion in Banana Island, Lagos $37.5 million 2011 – 2012
Rent on Banana Island Property $2, 74 million
Rent on Banana Island Property N84, 537,840.70
Two apartments at Bella Vista Court, Lagos $350 Million November 2011
Block of six units serviced apartments in Ikoyi, Lagos N800 Million January 2012
21 mixed housing at Thurnburn and Raymond Street, Yaba, Lagos N1 billion May 2012
Twin four-bedroom duplex, Lekki, Lagos N200 million
Land expanse of Land at Victoria Island, Lagos N135 million February 2012
Penthouse on the 11thFloor of a building in Ikoyi, Lagos N12 million December 2011
Duplex with Guest chalet, boys quarters, swimming pool, gym house, etc in Asokoro District, Abuja N400 million December 2009
Mini Estate at Mabushi area of Abuja N650 million April 2012
6-bedroom en-suite apartment at Aso drive, Abuja N80 million July 2011
Heritage Court Estate GRA, Diobu, Port Harcourt, Rivers State N900 million May 2012
Two blocks of flats at Yenagoa, Bayelsa State Real worth not known but estimated to cost hundreds of millions
Money allegedly laundered for Diezani by various banks N9 billion Permanently forfeited to FG on January 2017
Another sum traced to Diezani N34 billion
Permanently forfeited to FG on February 2017
Money used to bribe INEC staff for 2015 general election $100 million.