Tag: Diezani Alison-Madueke

  • Court adjourns hearing on EFCC’s bid to seize Diezani’s houses

    Court adjourns hearing on EFCC’s bid to seize Diezani’s houses

    The Federal High Court in Lagos on Friday adjourned till September 22 hearing of an application for final forfeiture of 58 houses allegedly belonging to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

    She allegedly bought the houses between 2011 and 2013 for $21,982,224 million (N3, 320,000,000 billion).

    Listed as first to sixth respondents in the suit are – Mrs. Alison-Madueke, Donald Chidi Amamgbo and four firms – Chapel Properties Limited, Blue Nile Estate Limited, Azinga Meadows Limited and Vistapoint Property Development Limited.

    Justice Chuka Obiozor adjourned to enable the Economic and Financial Crimes Commission (EFCC) respond to an objection filed by one of the respondents.

    The Commission’s lawyer, A. Ozioko said: “We have obtained an interim order in respect of this suit and the case was adjourned till today (Friday) for report and to also allow the respondents to show cause why the properties should not be finally forfeited.

    “But this morning, we were served with a motion on notice by one Mr. Nnamdi Eze Anochie. We ask for time to respond and to take the application for final forfeiture.”

    Justice Obiozor granted the prayer for an adjournment.

    Justice Abdulaziz Anka, who sat as a vacation judge before Justice Obiozor took over, ordered the interim forfeiture of the properties on August 22 following an ex parte application filed August 16 by the EFCC.

    He authorised the EFCC to appoint a firm to manage the properties and gave the respondents 14 days to show cause why the properties should not be permanently forfeited to the Federal Government.

    The judge directed the agency to publish the order in any national newspaper and adjourned till Friday.

    Ozioko told Justice Anka that Mrs. Alison-Madueke paid $16,441,906 (N2.6billion) cash in several tranches and another $5,540318 (N840,000,000) cash for the properties through four ‘front’ firms which held the titles in trust for her.

    He listed the firms as Chapel Properties, Blue Nile Estate, Azinga Meadows and Vistapoint Property Development.

    Ozioko said the Commission had discovered 14 other firms incorporated for the ex-minister for the purpose of holding the titles to those properties.

    Mrs. Alison-Madueke, he added, purchased the properties from the proceeds of suspected unlawful activity during her stint as minister.

  • Diezani, ex-minister, son, others top Dubai assets list

    Diezani, ex-minister, son, others top Dubai assets list

    Barely two weeks after the signing of six agreements with the United Arab Emirates (UAE), the Federal Government has initiated moves to seize assets of a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke and four others in Dubai.

    The others are: a former Managing Director of the defunct  Oceanic Bank, Mrs. Cecilia Ibru, a former Minister of the Federal Capital Territory, Sen. Bala Mohammed and his son, Shamsudeen.

    The Economic and Financial Crimes Commission (EFCC) has traced eight choice assets to Mrs. Ibru and two to Mrs. Diezani.

    Although the ex-FCT Minister and his son are on the Federal Government’s list, their Dubai houses are yet to be listed. The investigation is on.

    The profiling of the suspected assets of more than 25 Politically Exposed Persons (PEPs) is ongoing.

    The EFCC has done “considerable intelligence work on the assets of Diezani and some of her business associates”, a source told The Nation on Sunday.

    The source said: “Following due diligence by the EFCC, the Federal Government has already compiled a list of first batch of suspects with houses in Dubai, whose assets ought to be attached.

    “They are a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke; a former Managing Director of the defunct  Oceanic Bank, Mrs. Cecilia Ibru and a former Minister of Federal Capital Territory, Sen. Bala Mohammed and his son, Shamsudeen.

    “The government will soon formally apply to the UAE for the seizure of the assets traced to these Nigerians.

    “Despite the fact that many assets were said to be allegedly owned by Mrs. Ibru, only eight choice mansions has been identified by the EFCC.

    “Mrs. Diezani has two apartments, including  the one marked as J5 Emirates Hills (30 million Dirham) and another tagged E146 Emirates Hills, valued at 44million Dirham.”

    Responding to a question, the source added: “The EFCC is profiling more than 25 PEPs based on the huge database from the UAE.

    Some of these assets are in Emirates Hills, Marina, Jumeira, Bur Dubai in Dubai and Abu Dhabi in the UAE. “We are yet to focus on looted funds stashed in the Emirates,” the source said.

    On the inclusion of the ex-FCT minister and his son, the source added: “This is based on intelligence report. We will keep you posted on the outcome of their suspected assets in Dubai. Ours is to make their names available for investigation by the UAE.

    “Even those  who bought houses through proxies can be detected.”

    Following a state visit to the UAE by President Muhammadu Buhari on January 19, 2016 , the Federal Government entered into  six agreements with the Emirates.

    The agreements, which were signed by President Buhari last week, are:

    • Avoidance of Double Taxation Agreement;
    • Agreement on Trade Promotion and Protection;
    • Judicial Agreements on Extradition;
    • Transfer of Sentenced Persons;
    • Mutual Legal Assistance on Criminal Matters; and
    • Mutual Legal Assistance on Criminal and Commercial Matters(recovery and repatriation of stolen wealth).

    Sections 7 of 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004 mandate the agency to seize suspicious assets.

    Section 7 says: “The commission has power to (a) cause any investigations to be conducted as to whether any person, corporate body or organization has committed any offence under this Act or other law relating to economic and financial crimes.

    “(b) Cause investigations to be conducted into the properties of any person if it appears to the commission that the person’s lifestyle and extent of the properties are not justified by his source of income.”

    Sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004 empower the anti-graft agency to invoke Interim Assets Forfeiture Clause.

    “Section 28 of the EFCC Act reads: ‘Where a person is arrested for an offence under this Act, the Commission shall immediately trace and attach all the assets and properties of the person acquired as a result of such economic or financial crime and shall thereafter cause to be obtained an interim attachment order from the Court.’

    Section 13 of the Federal High Court Act reads in part: “The Court may grant an injunction or appoint a receiver by an interlocutory order in all cases in which it appears to the Court to be just or convenient so to do.

  • Diezani: $40million was conveyed in cash to a bank chief

    Diezani: $40million was conveyed in cash to a bank chief

    Court orders final forfeiture of cash

    Protesters seek ex-minister’s extradition

    The Federal High Court in Lagos yesterday ordered the final forfeiture of N7.6billion allegedly stolen and hidden by former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.

    Justice Abdulazeez Anka granted an application by the Economic and Financial Crimes Commission (EFCC) seeking the money’s final forfeiture to the Federal Government.

    He held: “I’ve read the motion on notice seeking the final forfeiture of the sum of N7,646,700,000 reasonably suspected to be proceeds of unlawful activity.

    “I have also gone through the affidavit in support of the application.

    “In the circumstances, I am of the view that the application has merit and is hereby granted as prayed. Parties have a right of appeal.”

    Moving the application, EFCC’s lawyer Rotimi Oyedepo said the money was part of “huge sums” allegedly diverted by Mrs Alison-Madueke from various subsidiaries of the Nigerian National Petroleum Corporation (NNPC).

    According to him, it was “fraudulently converted from NNPC by Mrs Alison-Madueke”.

    He said the commission published an advertorial after the court ordered the money’s temporary forfeiture, but no one came forward to claim its ownership.

    In an affidavit to support the application, an investigating officer, Usman Zakari, said he was part of a team of operatives who investigated an intelligence report that huge sums were laundered.

    He said it was looted through former Managing Director, Crude Oil Marketing Department, Gbenga Olu Komolafe; former Managing Director, Petroleum Products Management Company (PPMC) Prince Haruna Momoh; Group Managing Director, Nigerian Products Marketing Company (NPMC) Umar Farouk Ahmed, Stanley Lawson, Babajide Sonoiki and some bank chiefs on behalf of Mrs Alison-Madueke.

    The deponent said Mrs Alison-Madueke called a bank chief to her office for a meeting where she informed him that some officials of her ministry would be bringing funds to his bank.

    She allegedly directed that the “funds must neither be credited into any known account nor captured in any transactional platforms of the bank”.

    The investigator added: “In carrying out this alleged scheme of fraud, the sum of $153,310,000 was moved from NNPC through B.O.N Otti and Stanley Lawson, both former Group Executive Directors, Finance and Account of the NNPC” to the bank.

    He said using the same fraudulent scheme, another $45million was also conveyed to the bank.

    He said the money was conveyed in cash from Abuja to the bank’s headquarters in Lagos; $113,310,000 was taken out of it and moved to another bank in a bid to conceal its illicit source.

    The investigator said the remaining $40million was conveyed in cash to a bank chief, Dauda Lawal.

    Zakari said $108,310,000 was taken from the $113,310,000 and was disguised and invested in an off balance sheet investment using an asset management company owned by the bank as a special purpose vehicle.

    He said the remaining $5million was conveyed in cash to another bank’s managing director “for safe keeping”.

    The sum in the asset management company was allegedly converted to N23,446,300,000, which EFCC said it recovered in drafts from the bank.

    It also recovered the $5million held by the bank MD.

    The operative said the $40million conveyed in cash to Lawal was subsequently converted to N9,080,000,000 and retained by him.

    Zakari said the N23,446,300,000, $5million and N9,080,000,000 were forfeited to the Federal Government on February 16, following an order by Justice Muslim Hassan of the same court.

    According to him, the $45million was converted to naira by the bank in a bid to conceal and disguise its illicit origin.

    He said EFCC received N7,646,700,000 in draft from the bank.

    He recalled that the court on August 9 granted an interim order of forfeiture of the money and directed EFCC to publish the order in national newspapers to enable any person interested in it to appear in court and show cause why it should not be forfeited permanently to the Federal Government.

    “The applicant has complied with the order of this court by publishing the said order on the 16th of August. It is in the interest of justice to grant this application,” Zakari said.

    Justice Anka “granted the application as prayed”.

    The UK’s National Crime Agency (NCA) has frozen London properties valued at £10 million allegedly bought for the former minister.

    The two properties located at Regents Park in London, along with one in Buckinghamshire, have now been frozen based on the request of Nigerian authorities.

    According to online news medium, Premium Times, a London court gave the freeze order in September 2016 but details of the rulings have only recently become public.

    But the agency was too late in preventing a further two properties worth £8 million from being sold.

    In July, the U.S. Department of Justice (DoJ) had revealed four properties it alleged were bought for the former petroleum minister by individuals and firms seeking her influence in obtaining lucrative oil assets and crude oil lifting contracts.

    Some of the oil assets were assigned to people believed to be her cronies through Strategic Alliance Agreements (SAAs).

    The DoJ’s affidavit stated that businessmen, Jide Omokore and Kola Aluko were involved in the purchase of two of the properties allegedly bought for Alison-Madueke.

    The UK order obtained by Africa Confidential, a newsletter specialising in politics and business in Africa, has revealed that three of the properties have been frozen under the Proceeds of Crime Act.

  • Diezani: Protesters seek ex-minister’s extradition

    Diezani: Protesters seek ex-minister’s extradition

    The Federal Government is under pressure to bring back former Petroleum Resources Minister Mrs Diezani Alison-Madueke.

    Some protesters yesterday marched on the Abuja headquarters of the Economic and Financial Crimes Commission (EFCC) to demand her extradition from the United Kingdom for trial.

    They also raised issues on high-profile corruption suspects.

    But the EFCC said it will follow due process in its ongoing investigation of the former minister.

    It said the repatriation of the ex-minister required a long and painstaking process.

    The protesters, who came under the umbrella of Concerned Nigerians, were led by Charles Oputa (popularly called Charly Boy) and Deji Adeyanju.

    They had besieged the EFCC headquarters for a two-day sit-in.

    The EFCC sought for patience on Mrs Alison-Madueke and other high-profile cases.

    Charley Boy said the team was interested in the outcome of Mrs. Alison-Madueke’s  ongoing probe.

    He said: “I am here to give support and ginger the youths who have finally decided to wake up from their docility and their slumber.

    “We are here to force a discussion on this war on corruption. Is it only being fought on the pages of newspapers and why haven’t we had a conviction so far and why haven’t the guilty been punished so far?

    “So, I am here to join the exceptional Nigerian youths to ask questions and hold the government accountable to the promises that have been made.

    I remember the famous quote by President Buhari which says ‘if we cannot kill corruption, corruption will kill us’. And it looks like corruption is killing us. So, what the young people are asking is, why hasn’t there been any conviction so far?

    “So, I am here to encourage them, to motivate them in standing up for their rights because if the youths exclude themselves from nation-building, then they have no future in this country.

    “We told the EFCC that we will be back tomorrow and we will continue to support them in the fight.”

    Charley Boy said apart from losing assets, the ex-Minister must face trial.

    He said: “It is not enough for Diezani’s assets to be forfeited; there should be a conviction.

    “If they cannot get a conviction for Diezani there (in London), let them bring her back home. Our eyes are on the Diezani matter and I am hoping that it won’t be business as usual. The sit-in stops tomorrow but our media campaign will continue.”

    Adeyanju urged the EFCC not to be deterred in prosecuting the fight against corruption.

    He said after the two-day sit-in, which began yesterday at the EFCC headquarters, the group will take its protest to the United Kingdom.

    He said: “We came to tell the EFCC that we are demanding the extradition of Diezani, who is alleged to have stolen billions of dollars from the Nigerian coffers. We are saying if they do not extradite her and allow her trial to continue in the UK, it will be a pat on the back for her because what she is being accused of doing in the UK is a very minor offence.

    ”Corruption charges should be brought against her here and it is imperative that she be tried in Nigeria.

    “We are also demanding that they should assist the British Government in whatever way possible to secure an extradition.

    “We have also highlighted other corruption cases, like the IGP who was accused of collecting N120bn from oil companies and banks. Babachir Lawal and other cases like the CBN’s hoarding of forex.” The police chief has denied the allegations.

    Adeyanju went on: “The EFCC does not need to wait for directives before investigating people. Once someone has been accused of something, the commission should swing into action.”

    The EFCC said it would follow due process in its ongoing investigation of the ex- minister.

    The Secretary to the commission, Mr. Emmanuel Aremo, who addressed the protesters, said the repatriation of the ex-minister required a long process.

    Speaking on behalf of the Acting EFCC Chairman, Mr. Ibrahim Magu, Aremo stressed the anti-graft agency remained committed to the rule of law, adding that this is paramount in the fight against corruption.

    He said: “Let us be patient and let us follow due process, we on our part will ensure that no stone is left unturned as we intensify the war against corruption.”

    He asked the group “not to relent in their support for the EFCC, as the anti-graft agency needs the partnership of every Nigerian in the fight against corruption.

    “I urge Nigerians to be patient because extradition requires a painstaking process that must be followed,” Aremo added.

     

  • Court orders final forfeiture of Diezani’s N7.6bn

    Court orders final forfeiture of Diezani’s N7.6bn

    The Federal High Court, Lagos, on Monday ordered the final forfeiture of N7,646,700,000 belonging by a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to the Federal Government.

    Justice Abdulazeez Anka granted an filed application by the Economic and Financial Crimes Commission (EFCC), seeking the money’s final forfeiture to the Federal Government.

    He held: “I have read the motion on notice seeking the final forfeiture of the sum of N7,646,700,000 reasonably suspected to be proceeds of unlawful activity.

    “I have also gone through the affidavit in support of the application.

    “In the circumstances I am of the view that the application has merit and is hereby granted as prayed. Parties have a right of appeal.”

    Moving the application, EFCC’s lawyer, Rotimi Oyedepo, said the money was part of “huge sums” allegedly diverted by Mrs. Alison-Madueke from various subsidiaries of the Nigerian National Petroleum Corporation (NNPC).

    According to him, it was “fraudulently converted from NNPC by Mrs. Alison-Madueke.”

    He said the Commission published an advertorial after the court ordered the money’s temporary forfeiture, but no one came forward to claim ownership.

    In a supporting affidavit to the application, an investigating officer, Usman Zakari, said he was part of a team of operatives who investigated an intelligence report that huge sums were laundered.

    He said the money was looted through the former Group Managing Director, Crude Oil Marketing Department, Gbenga Olu Komolafe; former Group Managing Director, Petroleum Products Management Company (PPMC) Prince Haruna Momoh; Group Managing Director, Nigerian Products Marketing Company (NPMC), Umar Farouk Ahmed, Stanley Lawson, Babajide Sonoiki and some bank chiefs on behalf of Mrs. Alison-Madueke.

    The deponent said the former minister called a bank chief to her office for a meeting where she informed him that some officials of her ministry would be bringing funds to his bank.

    She allegedly directed that the “funds must neither be credited into any known account not captured in any transactional platforms of the bank.”

    The investigator added: “In carrying out this alleged scheme of fraud, the sum of $153,310,000 was moved from NNPC through B.O.N Otti and Stanley Lawson both former Group Executive Director of Finance and Account of the NNPC respectively to the bank.

    “Using the same fraudulent scheme, another $45million was also conveyed to the bank.”

    He said the money was conveyed in cash from Abuja to the bank’s headquarters in Lagos, while $113,310,000 was taken out of it and moved to another bank in a bid to conceal its illicit source.

    The investigator said the remaining $40million was further conveyed in cash to a bank chief, Dauda Lawal.

  • Court siezes ‘Diezani’s’ 56 houses worth N2.6b

    Court siezes ‘Diezani’s’ 56 houses worth N2.6b

    A Federal High Court in Lagos has ordered the interim forfeiture of 56 houses allegedly bought for $16,441,906 (N2.6billion) by a former Minister of Petroleum Resources, Diezani Alison-Madueke.

    Justice Abdulaziz Anka, a vacation judge, made the order following an ex parte application by a counsel for the Economic and Financial Crimes Commission (EFCC), Mr. Anselem Ozioko.

    The EFCC, in documents filed in court, described the properties as including 29 terraced houses, 21 mixed housing units, six flats, six apartments, two maisonettes among others, in Lagos, Port Harcourt and Abuja.

    Ozioko persuaded Justice Anka that Diezani paid $16,441,906 cash for the properties through several shell companies from the proceeds of suspected unlawful activity during her tenure as minister.

    The $16,441,906 was allegedly picked up from her house by bank officials via a pick-up service.

    Details later…

     

  • Wetin Diezani steal self?

    Wetin Diezani steal self?

    Her story ordinarily should be a simple one. Brilliant and beautiful. Good upbringing, good education, good jobs and the best of political appointments available. Educated in some of the best schools in the world. Rich and famous.

    But hers has become a complex story. A tale of claims and counter-claims. Welcome to the world of Diezani Alison-Madueke, until May 29, 2015 Nigeria’s Minister of Petroleum Resources.

    When she admitted battling cancer, not a few screamed ‘gimmick’. Between then and now, it has been one scary revelation of sleaze after another. Some samples:  A block of six units serviced apartments at number 135, Awolowo Road, Ikoyi. 21 mixed housing units of eight 4-bedroom apartments, two penthouse apartments of  3-bedrooms each and six 3-bedroom (all en-suite) terrace apartments in Yaba. A twin four-bedroom duplex in Lekki Phase one. And a penthouse on the 11th Floor in the Block B Wing of the building.

    There are also a large expanse of land at Oniru, Victoria Island, Lagos and a duplex  at 10, Frederick Chiluba Close, in the serene, upscale Asokoro District of Abuja. Those are not all. There are  a 6-bedroom en-suite apartment Aso Drive, Maitama, Abuja and 16 four bedroom terrace duplexes at No. Heritage Court Estate, located on Plot 2C, Omerelu Street, Diobu Government Residential Area, Phase 1 Extension, Port Harcourt. And more. And more.

    The Economic and Financial Crimes Commission (EFCC) says it has so far traced N47.2 billion and $487.5million to the ex-minister. The agency says Diezani has N23, 446,300,000 and $5milion (about N1.5billion) in various Nigerian banks. There is also a $37.5million Banana Island property, which has been taken over by the Federal Government. She denies knowledge of this proprty, which investigators said was bought using a proxy.

    And because of these revelations, not a few are calling for her head. But I beg to disagree. I do not have the facts that the EFCC has, but let us assume that Madam actually took this money.

    I dare say the money in her care as oil minister came from the Niger Delta. She is from Niger Delta, a true son of Bayelsa, which contributes a lot of the oil cash. So, she has simply taken what belongs to her. No wonder some of her people are asking: ‘Wetin Diezani steal self?

    You need to see what Madam’s people are facing in the creeks for you to appreciate my argument. On my stops in Bayelsa and other parts of the Niger Delta, I see poverty, see degradation, see rejection and see desperation.

    There are houses, made of wood, covered with palm front, which the owners must change from time to time as they wither away. There are imageries of luxury here and there, but in short supply. It is something many hear about and see when the rich choose to throw their weight about. So many children could not go to school.

    In some parts of the Niger Delta, they never see night. The multinational operating in these areas have their flow stations so close to homes and send out gas flares throughout the day. So, the only way to differentiate between night and day is to check their wrist watches.

    In many towns, oil pipelines are not underground. They are in the open. And often they burst or are burst and our soils and existence are damaged in the process.

    The people have shouted, protested and threatened violence over their fate, yet change has refused to come. It is as if the multinational also has another licence: to send them all to their early graves so that their leaders can have all the wealth for themselves, including the little they manage to spend on basic amenities. This environmental genocide, as some have called it, is having serious effects on the people. Strange diseases are killing the people. Pregnant women are developing strange allergies. Yet, health centres are ill-equipped to take care of their health needs. They have several people with aggravated asthma; there are increases in respiratory symptoms, such as coughing and difficult or painful breathing, chronic bronchitis and decreased lung function. Premature death is not uncommon.

    The truth is, the oil majors are more interested in the oil than in the people’s well-being. They can die for all they care. Oil is more important than man; that is their mantra.

    Agriculture, which has the potential to help our country, has no breathing space in the Niger Delta. The soils are polluted and where they are not, the people are not properly motivated. Everybody is just waiting for handout.

    The imageries I just painted are of Madam’s Niger Delta, yet the oil with which Nigeria is powered comes from there. This fact must have affected Madam and ensured she wasted not the opportunity to grab as much as possible for herself and her people. A bird told me that Madam actually planned to empower her people using the money she was taking on their behalf, but ill-health and witch-hunting from the present administration has made her unable to help lift her people out of poverty.

    Another thing that pains me in how Madam’s matter has been handled concerns America’s involvement. The other day they came out with a fact sheet, alleging all kinds of things against our own darling Diezani. They even claim to have the recording of a telephone conversation in which Madam was warning one of her partners not to live extravagant lifestyle so as not to give himself away as a common thief. They claimed she said she would not go down alone.

    Na wa for these Americans. Even the United Kingdom is also giving her hassles, asking her questions about money that is not their own. The money is Niger Delta’s money, not even Nigeria’s. The woman who has allegedly taken only a fraction of the money taken from her backyard should not be vilified. This vilification is bad, especially the foreign angle. Somebody should explain to these oyinbos that Madam has only taken what belongs to her.

    My final take: Diezani should file a case of violation of fundamental human rights against Nigeria, Britain and the United States at The Hague. Human rights as excuses for all sorts of things work very well abroad. She should provide them evidence that the oil cash she is accused of taking came from proceeds of oil taken from her backyard. I suggest that she should see ‘Invasion 1897’ by Lancelot Oduwa Imaseun, where the lead actor was able to argue that a Benin bronze head he attempted to steal from the British Museum actually belonged to him by virtue of his origin as a Benin man. He argued that the British stole it during the invasion and he only came to retrieve it. And he was freed.

    So, she should claim that Nigeria, through the Nigeria National Petroleum Corporation (NNPC) and their joint venture partners, stole the crude oil in her Niger Delta and thus deprived her and her people of the proceeds.  Freedom will sure knock at her door. er story ordinarily should be a simple one. Brilliant and beautiful. Good upbringing, good education, good jobs and the best of political appointments available. Educated in some of the best schools in the world. Rich and famous.

    But hers has become a complex story. A tale of claims and counter-claims. Welcome to the world of Diezani Alison-Madueke, until May 29, 2015 Nigeria’s Minister of Petroleum Resources.

    When she admitted battling cancer, not a few screamed ‘gimmick’. Between then and now, it has been one scary revelation of sleaze after another. Some samples:  A block of six units serviced apartments at number 135, Awolowo Road, Ikoyi. 21 mixed housing units of eight 4-bedroom apartments, two penthouse apartments of  3-bedrooms each and six 3-bedroom (all en-suite) terrace apartments in Yaba. A twin four-bedroom duplex in Lekki Phase one. And a penthouse on the 11th Floor in the Block B Wing of the building.

    There are also a large expanse of land at Oniru, Victoria Island, Lagos and a duplex  at 10, Frederick Chiluba Close, in the serene, upscale Asokoro District of Abuja. Those are not all. There are  a 6-bedroom en-suite apartment Aso Drive, Maitama, Abuja and 16 four bedroom terrace duplexes at No. Heritage Court Estate, located on Plot 2C, Omerelu Street, Diobu Government Residential Area, Phase 1 Extension, Port Harcourt. And more. And more.

    The Economic and Financial Crimes Commission (EFCC) says it has so far traced N47.2 billion and $487.5million to the ex-minister. The agency says Diezani has N23, 446,300,000 and $5milion (about N1.5billion) in various Nigerian banks. There is also a $37.5million Banana Island property, which has been taken over by the Federal Government. She denies knowledge of this proprty, which investigators said was bought using a proxy.

    And because of these revelations, not a few are calling for her head. But I beg to disagree. I do not have the facts that the EFCC has, but let us assume that Madam actually took this money.

    I dare say the money in her care as oil minister came from the Niger Delta. She is from Niger Delta, a true son of Bayelsa, which contributes a lot of the oil cash. So, she has simply taken what belongs to her. No wonder some of her people are asking: ‘Wetin Diezani steal self?

    You need to see what Madam’s people are facing in the creeks for you to appreciate my argument. On my stops in Bayelsa and other parts of the Niger Delta, I see poverty, see degradation, see rejection and see desperation.

    There are houses, made of wood, covered with palm front, which the owners must change from time to time as they wither away. There are imageries of luxury here and there, but in short supply. It is something many hear about and see when the rich choose to throw their weight about. So many children could not go to school.

    In some parts of the Niger Delta, they never see night. The multinational operating in these areas have their flow stations so close to homes and send out gas flares throughout the day. So, the only way to differentiate between night and day is to check their wrist watches.

    In many towns, oil pipelines are not underground. They are in the open. And often they burst or are burst and our soils and existence are damaged in the process.

    The people have shouted, protested and threatened violence over their fate, yet change has refused to come. It is as if the multinational also has another licence: to send them all to their early graves so that their leaders can have all the wealth for themselves, including the little they manage to spend on basic amenities. This environmental genocide, as some have called it, is having serious effects on the people. Strange diseases are killing the people. Pregnant women are developing strange allergies. Yet, health centres are ill-equipped to take care of their health needs. They have several people with aggravated asthma; there are increases in respiratory symptoms, such as coughing and difficult or painful breathing, chronic bronchitis and decreased lung function. Premature death is not uncommon.

    The truth is, the oil majors are more interested in the oil than in the people’s well-being. They can die for all they care. Oil is more important than man; that is their mantra.

    Agriculture, which has the potential to help our country, has no breathing space in the Niger Delta. The soils are polluted and where they are not, the people are not properly motivated. Everybody is just waiting for handout.

    The imageries I just painted are of Madam’s Niger Delta, yet the oil with which Nigeria is powered comes from there. This fact must have affected Madam and ensured she wasted not the opportunity to grab as much as possible for herself and her people. A bird told me that Madam actually planned to empower her people using the money she was taking on their behalf, but ill-health and witch-hunting from the present administration has made her unable to help lift her people out of poverty.

    Another thing that pains me in how Madam’s matter has been handled concerns America’s involvement. The other day they came out with a fact sheet, alleging all kinds of things against our own darling Diezani. They even claim to have the recording of a telephone conversation in which Madam was warning one of her partners not to live extravagant lifestyle so as not to give himself away as a common thief. They claimed she said she would not go down alone.

    Na wa for these Americans. Even the United Kingdom is also giving her hassles, asking her questions about money that is not their own. The money is Niger Delta’s money, not even Nigeria’s. The woman who has allegedly taken only a fraction of the money taken from her backyard should not be vilified. This vilification is bad, especially the foreign angle. Somebody should explain to these oyinbos that Madam has only taken what belongs to her.

    My final take: Diezani should file a case of violation of fundamental human rights against Nigeria, Britain and the United States at The Hague. Human rights as excuses for all sorts of things work very well abroad. She should provide them evidence that the oil cash she is accused of taking came from proceeds of oil taken from her backyard. I suggest that she should see ‘Invasion 1897’ by Lancelot Oduwa Imaseun, where the lead actor was able to argue that a Benin bronze head he attempted to steal from the British Museum actually belonged to him by virtue of his origin as a Benin man. He argued that the British stole it during the invasion and he only came to retrieve it. And he was freed.

    So, she should claim that Nigeria, through the Nigeria National Petroleum Corporation (NNPC) and their joint venture partners, stole the crude oil in her Niger Delta and thus deprived her and her people of the proceeds.  Freedom will sure knock at her door.

  • Court orders interim forfeiture of Diezani’s property, cash

    Court orders interim forfeiture of Diezani’s property, cash

    A Federal High Court in Lagos has ordered the interim forfeiture of a property at Banana Island, Lagos bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Diezani Alison-Madueke.

    Justice Chuka Obiozor, a vacation judge, made the order Wednesday following an ex parte application by a counsel for the Economic and Financial Crimes Commission (EFCC), Mr. Anselem Ozioko.

    The EFCC, in documents filed in court, described the property as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana Island Foreshore Estate, has 24 apartments, 18 flats and six penthouses.

    The court also ordered the temporary forfeiture of the sums of $2,740,197.96 and N84, 537,840.70, said to be part of the rent collected on the property.

    The funds were said to have been found in a Zenith Bank account numbered 1013612486.

    Ozioko had told the judge that the EFCC reasonably suspected that the property was acquired with proceeds of Diezani’s alleged unlawful activities.

    He said the EFCC’s investigation revealed that Diezani made the $37.5m payment for the purchase of the property in cash, adding that the money was moved straight from her house in Abuja and paid into the selller’s First Bank account in Abuja.

    Ozioko added: “Nothing could be more suspicious than someone keeping such huge amounts in her apartment. Why was she doing that? To avoid attention.

    “We are convinced beyond reasonable doubt because as of the time this happened, Mrs. Diezani Alison-Madueke was still in public service as the Minister of Petroleum Resources.”

    The application was filed pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act, No. 14, 2006 and Section 44(2)(k) of the constitution.

    Listed as respondents in the application were Diezani, a legal practitioner, Afamefuna Nwokedi, and a company, Rusimpex Limited.

    In a 41-paragraph affidavit attached to the application, an EFCC investigative officer Abdulrasheed Bawa, averred that Nwokedi, in connivance with Diezani, incorporated Rusimpex Limited, on September 11, 2013 to facilitate the alleged fraud scheme.

    According to Bawa, when Nwokedi was questioned by the EFCC, the lawyer explained that he had approached Diezani for opportunities in the Oil and Gas industry but the ex-minister told him that being a lawyer, she did not have any such opportunity for him.

    She allegedly asked him whether he could in the alternative manage landed properties, an offer which Nwokedi accepted.

    Bawa stated that Nwokedi later registered Rusimpex Limited at the Corporate Affairs Commission (CAC), wherein a lawyer in his law firm, Adetula Ayokunle, and a Russian, Vladmir Jourauleu, were listed as the directors of the company, while the address of Nwokedi’s law firm in Ikoyi, Lagos was registered as the business address of Rusimpex Limited.

    The investigator added that when Ayokunle was questioned by the EFCC, he explained that he only appended his signature on the CAC documents at his boss’ instruction, while Jourauleu denied knowledge of the firm.

    Bawa said: “Sometime in 2013, the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, invited Barrister Afamefuna Nwokedi, the Principal Counsel of Stillwaters Law Firm, to her house in Abuja for a meeting where she informed the said Barrister Afamefuna Nwokedi to incorporate a company and use same as a front to manage landed properties on her behalf without using her name in any of the incorporation documents.

    “She further directed Mr. Afamefuna Nwokedi to meet with Mr. Bisi Onasanya, the Group Managing Director of First Bank of Nigeria Plc for that purpose.

    “Mr. Stephen Onasanya was invited by the commission and he came and volunteered an extrajudicial statement wherein he stated that he marketed a property at Bella Vista, Banana Island, Ikoyi, Lagos, belonging to Mr. Youseff Fattau of Ibatex Nigeria Limited to Mrs. Diezani Alison-Madueke and Mrs. Diezani Alison-Madueke later bought the property from Mr. Youseff Fattau, through her lawyer, Mr. Afamefuna Nwokedi (who she introduced to him) and that payment for the said property was made through the Abuja office of First Bank of Nigeria Plc.

    “First Bank of Nigeria Plc, through Mr. Barau Muazu, wrote to the commission and also volunteered an extrajudicial statement in writing that they made the payments totalling US37,500,000 to Ibatex Nigeria Limited & YF Construction Development and Real Estate Limited on behalf of Mrs. Diezani Alison-Madueke and that they collected the entire cash from Mrs. Diezani Alison-Madueke at her residence of No. 10, Fredrick Chiluba Close of Jose Marti Street, Asokor, Abuja and paid into the First Bank of Nigeria Plc accounts of Ibatex and YF Construction Development and Real Estate Limited on her instruction.”

    After listening to the EFCC lawyer, Ozioko Justice Obiozor made an order temporarily seizing the property and the funds.

    He directed that the order should be published in a national newspaper.

    He adjourned till August 7, 2017 for anyone interested in the property and funds to appear before him.

  • ‘How Aluko, Omokore laundered $1.76b stolen from NNPC’

    ‘How Aluko, Omokore laundered $1.76b stolen from NNPC’

    Court papers  in Lagos Nigeria have detailed how oil businessmen, Kolawole Akanni Aluko and Jide Omokore laundered  the $1.7 billion creamed off the questionable oil swap transactions between them and the NNPC, during the tenure of Diezani Alison-Madueke.

    Some of the money laundered through the United States and which had been used to acquire assets are now the subject of a forfeiture bid by the United States Justice Department. But the filings in a Lagos court have provided the most insightful details yet into how the entire money was laundered, while the Nigerian treasury was left dry and emasculated.

    According to an affidavit sworn  at the Federal High Court by Isaac Kehinde Oginni, a lawyer in the Federal Ministry of Justice, both Aluko and Omokore lifted and sold allotted Nigeria’s crude oil. While they were paid for their service,  they deliberately diverted to private use, what was due to the Federal Government and the people of Nigeria,  in the sum of $1,762,338,184.40.

    *They bought vehicles  with a combined value of over N800million and donated them to the Peoples Democratic Party (PDP) through its then  National chairman Prince Secondus.

    *They also bought  vehicles valued at over N130million and gave them as gifts to former minister of Petroleum,  Mrs Dieziani Alison-Madueke and some other management staff of Nigerian Petroleum Development Company (NPDC).

    *Kolawole Aluko paid $18,548,619.99 and N1,070,000,000  to FBN Mortgages Limited  as part payment for block A consisting of 26 Flats at 46 Gerrard Road Ikoyi Lagos. The block was bought for a total cost of N5,210,520,315.

    *Payment of a total sum of $25,839,606.77and N95,000,000 was made to Real Bank for the purpose of part financing the acquisition and renovation of properties by  the Atlantic Energy Drilling Concepts Nigeria Limited (AEDC) and Atlantic Energy Brass Development limited (AEBD). The Properties are: Mason apartments  at 6 Gerrard Road Ikoyi Lagos comprising 60 units of 3 bedrooms apartment valued at $78,000,000, Marion apartments Block 8 located at 4&5,Onikoyi Estate, Banana Island, Ikoyi, Lagos consisting of 43 units of apartments valued at $76,160,000,  apartments  at 33A Cooper Road Ikoyi, Lagos renovated at a total cost of $4,937,750,  Admiralty Towers at 8 Gerrard Road Ikoyi, Lagos., which was also renovated.

    The two businessmen also transferred $69,912,981.15  to the following companies ;Mia Hotels Limited, First Motors Limited, V.I.Petrochemicals, Evergreen Reality &Management, WIz Trade limited, DE First Union Integrated Services and Amity Plus limited.

    Mr Ogini also averred that Kolawole Aluko literally took residence outside the shores of Nigeria, to embark on a spending spree and assets acquisition in Britain, Canada, United States and Switzerland.

    Among the assets acquired were houses at: Grove End Road, London NW;   755 Sarbone Road, Los Angeles;952 North Alpine drive Los Angeles;815 Cima Del Mundo. He also bought land at  807 Coma Del Mundo in Los Angeles.

    Aluko also bought houses or apartments at 1049 Fifth Avenue, New York, 1948&1952 Tolls Avenue, Santa Barbara, 157 West 57th St,New York , 4100 Let Revenge, Dubai. In Nigeria , he bought Avenue Towers in Lagos. He also bought a piece of  land in Mont Tremblat, Canada and a property at Colina D’oro Montagnola, Switzerland

    After hiding his loot in many assets, he also bought the luxury $80million yacht, the Galactica Star,  58 exotic cars, expensive watches, private jets, Global Express  S5-GMG and a Bombardier Global 6000 9H-OPE.

    Cash found in his bank accounts, according to documents before the court are:  LDT Switzerland -$25million, Corner Bank, Lugano, Switzerland -$ 1million, Deutsche Bank, Geneva -$40million, HSBC London $175,000.

    He also had 75% shareholding in Atlantic Energy Drilling concepts  Nigeria and Atlantic Energy Brass Development and 10% Shareholding in Seven Energy.

    The case came before Justice Oluremi Oguntoyinbo of the Federal High Court sitting in Ikoyi, Lagos state last Friday, incidentally the same day the US Justice Department filed a forfeiture bid at a court in Houston.

    The Nigerian  judge adjourned hearing  till 29th of September, 2017 to decide whether to stay proceeding in tune with an application filed by the defendants  or continue with the case.

    The Federal Republic of Nigerian and two of its agencies are the plaintiffs and they are ranged against Aluko and Jide Omokore’s  Atlantic Energy Drilling Concepts Nigeria Limited (AEDC) and Atlantic Energy Brass Development Limited (AEBD). The Nigerian government wants to recover $1.76 billion from the businessmen and their companies.  Omokore is the chairman of the companies, while Kolawole Aluko is a Director.

    Apart from Aluko and Omokore’s application, a limited liability company Virtual Properties and Investment Limited, has also filed another application as an intervener.

    The company is urging the court to discharge or vary its order,as it relates to Marion Apartments, on the ground that the property located at Block 8 Plots 4&5 Onikoyi Estate, Banana Island, Ikoyi consists of 56 apartments owned and developed by the intervener.

    By virtue of two separate deeds of sublease,  the intervener said it  conveyed its interest in 43 out of the 56 apartments to Realblanc Energy Engineering limited, an affiliate of the defendants.

    The intervener  contends that it still retains ownership of  13 out of the 56 apartments in Marion Apartments. It says that the order of the court is prejudicial to its interest and interferes with its right ownership over these flats.

    Last year, the Nigerian government had frozen the accounts of the defendants in 19  banks in Nigeria and  eight  offshore banks.

    This was sequel to the affidavit deposed  by Oginni of  the Federal ministry of Justice  in Abuja and filed by a Lagos lawyer Oladipo Okpeseyi SAN.

    The court was urged as a matter of utmost urgency and public interest, in aid of administration of justice to issue a  worldwide Mareva order restraining the defendants from dissipating all  known assets directly or indirectly by the defendants including but not limited to assets listed on the face of the motion paper filed before the court.

    After hearing the submission of Okpeseyi, counsel to the Federal Government, Justice  Oguntoyinbo restrained the defendants and their agents from demanding, receiving, transacting, mortgaging or whatsoever dealing in any manners with the assets of the defendants in banks, houses, land and shares in Nigeria and others located outside Nigeria ,while the Nigerian banks listed in the motion papers were ordered to within 7days to sequestrate all money and negotiable instruments standing to the credit of the defendants in the sum of $1,762,338,184.40 and keep same in an interest yielding account in the name of the Chief Registrar of the court as trustee of same pending the determination of the motion on notice.

    The court also ordered that its ruling should be served on the affected parties by way of  advertisement in newspapers circulating within and outside the Federal Republic of Nigeria.

  • EFCC to seize Diezani’s, Aluko’s Dubai mansions

    EFCC to seize Diezani’s, Aluko’s Dubai mansions

    $1.5b oil contract probe widens

    Barely 48 hours after the US Department of Justice released details of how part of the $1.5billion oil production contracts funds were laundered, the Economic and Financial Crimes Commission (EFCC) is set to seize a mansion belonging to one of the suspects, Kola Aluko, in Dubai, United Arab Emirates (UAE).

    Besides, the commission will apply for the forfeiture of two houses belonging to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, who was implicated by the U.S. authorities as a beneficiary of the laundered cash.

    About five luxury properties have also been traced to a former official of the defunct Oceanic Bank.

    All the properties in question have been identified and documented for forfeiture with the UAE authorities, The Nation learnt yesterday.

    Nigeria signed six agreements with the UAE on January 19, 2016 following a state visit by President Muhammadu Buhari.

    The pact includes Judicial Agreements on Extradition, Transfer of Sentenced Persons, Mutual Legal Assistance on Criminal Matters, and Mutual Legal Assistance on Criminal and Commercial Matters (the recovery and repatriation of stolen wealth).

    Besides, the luxury properties in the United States, the EFCC believes Aluko and Mrs. Alison-Madueke allegedly acquired others with the laundered funds.

    According to a source, who pleaded not to be named because he is not allowed to talk to the media on the matter, all the suspicious assets have been located in the highbrow Jumeirah, which is the most expensive and exclusive area in Dubai.

    But of the eight identified, two apartments linked with Mrs Alison-Madueke are marked as J5 Emirates Hills (30million Dirham) and E146 Emirates Hills valued at 44million Dirham.

    For “security reasons”, the addresses of the mansions of Aluko and the ex-Oceanic Bank official, a woman, have not been disclosed.

    The EFCC plans to release the details later.

    A source in the commission said: “The EFCC still has a valid Mareva Injunction to freeze some foreign accounts and seize some assets linked with Diezani and her business associates in the United Kingdom and some jurisdictions.

    “Some of the offshore financial institutions, where accounts are frozen, include BNP Paribas (Switzerland), LGT Bank (Switzerland), Standard Chartered Bank (London),Barclays Bank (London), Standard Energy (Voduz, Switzerland), HSBC (London), Corner Bank (Lugano, Switzerland) and Deutsche Bank (Geneva).

    “Besides the luxury properties traced to Diezani and Aluko in the US, we have identified more in Dubai.

    “So far, we have commenced the process of ensuring the forfeiture of these assets by the suspects. The EFCC is also verifying the assets linked with Aluko’s business partner, Chief Jide Omokore in Dubai too.

    “All the steps taken so far are in line with the relevant laws in the UAE and the six agreements signed with Nigeria when President Buhari went on an official trip.”

    According to the source, the EFCC believes that “some of the assets were bought with part of the $1.5billion oil production contracts.

    ”These oil barons and their ilk acquired these properties when Dubai was a safe haven for looted funds. But the UAE has strengthened its laws in a manner that there is no more hidden place for the corrupt,” the source said, adding that the only hurdle the EFCC has to cross is the legal process in the UAE to retrieve the assets. “We are already employing the Mutual Legal Assistance Agreement to get this done.” He said.

    The Federal Government has ratified all the agreements with the UAE. This development will hasten asset recovery and retrieval of looted funds.

    “We will do our best to comply with their legal procedure,” the source said.

    “Statutorily, we have succeeded in establishing that the EFCC is empowered to confiscate the affected assets. We are invoking sections 7 of 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004.”

    Section 7 says: “The commission has power to (a) cause any investigations to be conducted as to whether any person, corporate body or organization has committed any offence under this Act or other law relating to economic and financial crimes.

    “(b) Cause investigations to be conducted into the properties of any person if it appears to the commission that the person’s lifestyle and extent of the properties are not justified by his source of income.”

    Sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004 empower the anti-graft agency to invoke Interim Assets Forfeiture Clause.

    “Section 28 of the EFCC Act reads: ‘Where a person is arrested for an offence under this Act, the Commission shall immediately trace and attach all the assets and properties of the person acquired as a result of such economic or financial crime and shall thereafter cause to be obtained an interim attachment order from the Court.’

    Section 13 of the Federal High Court Act reads in part: “The Court may grant an injunction or appoint a receiver by an interlocutory order in all cases in which it appears to the Court to be just or convenient so to do.

    (2) Any such order may be made either unconditionally or on such terms and conditions as the Court thinks just.”