EFCC says it has uncovered a $37.5m mansion
belonging to former Minister of Petroleum Resources, Diezani Alison-Madueke at
Banana Island, Lagos. A statement by the antigraft agency states that the
mansion on Building 3, Block B, is a fifteen storey edifice comprising of 18
flats and 6 penthouses, Bella Vista at Plot 1, Zone N, Federal Government
Layout, Banana Island Layout, Foreshore Estate, Off Onikoyi Road, Ikoyi, Lagos.
The property was allegedly acquired by the
former minister between 2011 and 2012 at a total cost of Thirty Seven Million,
Five Hundred Thousand United States Dollars ($37,500,000USD) from the
developers, YF Construction Development and Real Estate.
The property was allegedly acquired in the name of a shell company, Rusimpex Limited under the control of certain Mr. Afamefuna Nwokedi of Stillwaters law firm, in Lagos.
The investigation continues.
The property was allegedly acquired in the name of a shell company, Rusimpex Limited under the control of certain Mr. Afamefuna Nwokedi of Stillwaters law firm, in Lagos.
The investigation continues.
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