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    Nigeria seizes N7.6b from Diezani Alison-Madueke

    Chronicle EditorBy Chronicle EditorAugust 28, 2017No Comments2 Mins Read
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    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.
    Former Petroleum Minister, Diezani Alison-Madueke
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    Former Petroleum Minister, Diezani Alison-Madueke
    Former Petroleum Minister, Diezani Alison-Madueke

    A Nigerian court seized $21 million on Monday from bank accounts linked to a former oil minister accused of corruption as investigators continue to claw back her fortune.

    Federal high court judge Abdulazeez Anka ordered the immediate forfeiture of 7.6 billion naira ($21 million, 17.9 million euros) allegedly held in local bank accounts by Diezani Alison-Madueke, who was once one of Africa’s most prominent female politicians.

    Nigeria’s anti-graft Economic and Financial Crimes Commission (EFCC), which accuses Alison-Madueke of corruption, argued in court that she had illicitly laundered the funds with the help of top oil officials.

    Read Also Buhari happy that Nigeria economy is improving

    Since leaving office in 2015, Alison-Madueke has been implicated in bribery, fraud, misuse of public funds and money laundering cases in Nigeria, Britain, Italy and the United States.

    The former president of the global oil cartel OPEC, the first female to hold the post, Alison-Madueke has always denied the allegations which involve billions of dollars syphoned from oil deals and state accounts.

    The ruling followed two applications by the EFCC which earlier this month successfully seized properties worth $44 million that Alison-Madueke allegedly purchased with the proceeds of corruption.

    President Muhammadu Buhari, elected in 2015 on an anti-corruption platform, is seeking to stamp-out Nigeria’s widespread graft.

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    The Senate Committee on Diaspora and Non-Governmental Organisations has voiced alarm about the growing trend of Nigerians travelling abroad

    Senate condemns Oyo abduction, demands immediate action

    May 18, 2026
    Seyi Makinde addressing supporters during the PDP–APM Alliance rally in Ibadan where he declared his 2027 presidential ambition.

    Makinde confirms seven teachers abducted, one killed in Oyo

    May 18, 2026
    Principal of Community High School, Esinele, appeals for help in a viral video after gunmen abducted teachers and students in Oyo State

    Oyo principal, nursing mother cry for help in kidnappers den

    May 18, 2026
    IGP Olatunji Disu meeting security officials and residents in Oriire, Oyo State, after a deadly school attack and abductions.

    IGP visits Oyo communities after school attack, orders intensified rescue operations

    May 18, 2026
    Nigerian troops during counter-terrorism operations in Borno State after the killing of ISIS commander Abu Bilal Al-Minuki.

    Nigeria denies US ground troop role in killing of ISIS leader Al-Minuki

    May 18, 2026
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