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Diezani loses Banana Iseland estate, $37.5m over fraud

A Federal High Court sitting in Lagos has ordered the forfeiture of an estate in Banana Island belonging to Deizani Alison Madueke, the former Minister of Petroleum Resource.

Other property the former minister forfeited is the $37.5 million believed she fraudulently acquired.

Mrs. Madueke was the minister served as Petroleum Minister under the regime of former President Goodluck Jonathan from 2010 to 2015.

We will bring you details soon…

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