Close Menu
Chronicle NG
    Trending Stories
    Peter Obi has called for President Bola Tinubu to step aside from the 2027 general election, stating that Nigeria needs new leadership.

    Obi urges Tinubu to step aside, says Nigeria needs new leadership

    July 27, 2026
    Peter Obi reacting to the Federal Government's suspension of the proposed 2027 WASSCE and NECO examination fee increase.

    Obi says ‘I’m not desperate to be president of Nigeria’

    July 27, 2026
    Suspect confesses to raiding Super Falcons hotel rooms to steal

    Suspect confesses to raiding Super Falcons hotel rooms to steal

    July 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Obi urges Tinubu to step aside, says Nigeria needs new leadership
    • Obi says ‘I’m not desperate to be president of Nigeria’
    • Suspect confesses to raiding Super Falcons hotel rooms to steal
    • Reps grill accountant-general over N1.32bn PFIPC budget today
    • Hoodlums raid Osun INEC office, cart away PVCs
    • 24 BBNaija housemates contest for N160m prize
    • Army nabs wanted soldier while fleeing to Cameroon
    • Shakira reveals why she chose Burna Boy for World Cup anthem
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, July 27
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Nigeria seizes N7.6b from Diezani Alison-Madueke

    Chronicle EditorBy Chronicle EditorAugust 28, 2017No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Former Petroleum Minister Diezani Alison-Madueke during court proceedings related to her legal battle over forfeited assets.
    Former Petroleum Minister, Diezani Alison-Madueke
    Facebook Twitter WhatsApp

    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.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Peter Obi has called for President Bola Tinubu to step aside from the 2027 general election, stating that Nigeria needs new leadership.

    Obi urges Tinubu to step aside, says Nigeria needs new leadership

    Peter Obi reacting to the Federal Government's suspension of the proposed 2027 WASSCE and NECO examination fee increase.

    Obi says ‘I’m not desperate to be president of Nigeria’

    Reps grill accountant-general over N1.32bn PFIPC budget today

    Reps grill accountant-general over N1.32bn PFIPC budget today

    Hoodlums attacked a ward collation centre at Oyinlola DC School in Okuku, Osun State, where INEC, officials were distributing PVCs.

    Hoodlums raid Osun INEC office, cart away PVCs

    24 BBNaija housemates contest for N160m prize

    24 BBNaija housemates contest for N160m prize

    Army nabs wanted soldier while fleeing to Cameroon

    Army nabs wanted soldier while fleeing to Cameroon

    Add A Comment

    Comments are closed.

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Peter Obi has called for President Bola Tinubu to step aside from the 2027 general election, stating that Nigeria needs new leadership.

    Obi urges Tinubu to step aside, says Nigeria needs new leadership

    July 27, 2026
    Peter Obi reacting to the Federal Government's suspension of the proposed 2027 WASSCE and NECO examination fee increase.

    Obi says ‘I’m not desperate to be president of Nigeria’

    July 27, 2026
    Suspect confesses to raiding Super Falcons hotel rooms to steal

    Suspect confesses to raiding Super Falcons hotel rooms to steal

    July 27, 2026
    Reps grill accountant-general over N1.32bn PFIPC budget today

    Reps grill accountant-general over N1.32bn PFIPC budget today

    July 27, 2026
    Hoodlums attacked a ward collation centre at Oyinlola DC School in Okuku, Osun State, where INEC, officials were distributing PVCs.

    Hoodlums raid Osun INEC office, cart away PVCs

    July 27, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.