It was yet another breakthrough for the Economic and Financial Crimes Commission as the anti-graft agency discovered a $37.5m (N11.75bn) luxury high-rise building on Banana Island, Ikoyi, Lagos, allegedly belonging to the embattled former Minister of Petroleum Resources, Diezani Alison-Madueke.
According to impeccable sources within the EFCC, the building allegedly belonging to Diezani was purchased between 2011 and 2012.
Banana Island is the enclave of the super-rich like Africa’s richest man , Alhaji Aliko Dangote.
It was gathered that the building comprises 18 flats and six penthouses.
A source at the EFCC said, “The aggressive drive by the EFCC to recover all hidden assets of former Minister of Petroleum Resources, Diezani Alison-Madueke, who is under investigation for corruption and money laundering, produced another breakthrough this week with the discovery of a property acquired through shell companies by the former minister at upscale Banana Island in Lagos.
“The property is a 15-storey edifice comprising 18 flats and six penthouses.
“The property was acquired by the former minister between 2011 and 2012 at a total cost of $37.5m 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.”
Last year, the commission seized an $18m mansion in the Asokoro area of Abuja allegedly belonging to the ex-minister.
She has, however, denied all the allegations levelled against her.
