EFCC traces N47.2bn, $487.5m in cash, properties to former minister Diezani

The Economic and Financial Crimes Commission said it had so far, through painstaking investigations by its operatives, traced N47.2bn and $487.5m in cash and properties to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

These, the anti-graft agency said, were apart from “boxes of gold, silver and diamond jewellery, worth several million British pounds sterling,” discovered during a search of   Diezani’s palatial residences in Abuja.

 The EFCC said it discovered several of Diezani’s landed properties scattered all over Lagos and other parts of the country in the course of its investigations, adding that it was doubtful if the former minister declared her true assets as required of public officials.

The anti-graft agency recalled that just on Monday Diezani’s $37.5m mansion on Banana Island, Lagos, was forfeited to the Federal Government.