A Nigerian court has ordered that a $37.5 million (Sh3.9 billion) property owned by former oil minister Diezani Alison-Madueke be seized, the state news agency said, as she faces charges of corruption and money laundering. In April, she was charged in absentia with money laundering by Nigeria's financial crimes agency. It also ordered a temporary freeze on sums of $2.74 million (Sh284.8 million) and 84.54 million naira ($269,000, Sh27.9 million) that were said to be part of the rent collected on the property. The temporary seizure orders were made following an application to the court by the Economic and Financial Crimes Commission (EFCC). Anselem Ozioko, the barrister representing EFCC, told the court that the financial crimes agency suspected the property was acquired with the proceeds of alleged illegal activities.
Source: The Star July 20, 2017 11:37 UTC