Diezani’s $37.5m Banana Island Property Forfeited To Government

This is the picture of the $37.5m Banana Island, Lagos property which is owned by to former petroleum resources minister, Mrs. Diezani Alison-Madueke, which a Federal High Court in Lagos ordered should be temporarily forfeited to the Federal Government.
Madueke’s property has 24 apartments, 18 flats and six penthouses. The property is located as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana Island Foreshore Estate.

Asides the property, the court also ordered the temporary forfeiture of the sums of $2,740,197.96 and N84,537,840.70, which is said to be part of the rent collected on the property.

The funds were reported to have been discivered in a Zenith Bank account number 1013612486.

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