Federal High Court in Lagos has ordered the interim forfeiture of a
property on Banana Island, Lagos bought for $37.5m in 2013 by a former
Minister of Petroleum Resources, Diezani Alison-Madueke.
Justice Chuka Obiozor, a vacation judge, made the order yesterday
following an ex parte application by Economic and Financial Crimes
Commission (EFCC) counsel Mr. Anselem Ozioko.
The EFCC, in documents filed in court, described the property as Building
3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana
Island Foreshore Estate. It has 24 apartments, 18 flats and six
penthouses.
The court also ordered the temporary forfeiture of $2,740,197.96 and
N84,537,840.70, said to be part of the rent collected on the property.
The funds were said to have been found in a bank account.
Ozioko had told the judge that the EFCC reasonably suspected that the
property was acquired with proceeds of Alison-Madueke’s alleged unlawful
activities.
He said the EFCC’s investigation revealed that the former minister made
the $37.5m payment for the property in cash, adding that the money was
moved straight from her house in Abuja and paid into the seller’s account
in Abuja.
Ozioko added: “Nothing could be more suspicious than someone keeping such
huge amounts in her apartment. Why was she doing that? To avoid attention.
“We are convinced beyond reasonable doubt because as of the time this
happened, Mrs. Diezani Alison-Madueke was still in public service as the
Minister of Petroleum Resources.”
The application was filed pursuant to Section 17 of the Advance Fee Fraud
and Other Related Offences Act, No. 14, 2006 and Section 44(2)(k) of the
constitution.
Listed as respondents in the application are Mrs Alison-Madueke, a legal
practitioner, Afamefuna Nwokedi, and a company, Rusimpex Limited.
In a 41-paragraph affidavit attached to the application, an EFCC
investigative officer, Abdulrasheed Bawa, averred that Nwokedi, in
connivance with Mrs Alison-Madueke, incorporated Rusimpex Limited, on
September 11, 2013 to facilitate the alleged fraud scheme.
According to Bawa, when Nwokedi was questioned by the EFCC, the lawyer
explained that he had approached the former minister for opportunities in
the oil and gas industry but the ex-minister told him that being a lawyer,
she did not have any such opportunity for him.
She allegedly asked him whether he could in the alternative manage landed
properties, an offer which Nwokedi accepted.
Bawa stated that Nwokedi registered Rusimpex Limited at the Corporate
Affairs Commission (CAC). A lawyer in his law firm, Adetula Ayokunle, and
a Russian, Vladmir Jourauleu, were listed as the directors of the company.
The address of Nwokedi’s law firm in Ikoyi, Lagos was registered as the
business address of Rusimpex Limited.
The investigator added that when Ayokunle was questioned by the EFCC, he
explained that he only signed the CAC documents on his boss’ instruction.
Jourauleu denied knowledge of the firm.
Bawa said: “Sometime in 2013, the former Minister of Petroleum Resources,
Mrs. Diezani Alison-Madueke, invited Barrister Afamefuna Nwokedi, the
Principal Counsel of Stillwaters Law Firm, to her house in Abuja for a
meeting where she informed the said Barrister Afamefuna Nwokedi to
incorporate a company and use same as a front to manage landed properties
on her behalf without using her name in any of the incorporation
documents.
“She further directed Mr. Afamefuna Nwokedi to meet with Mr. Bisi
Onasanya, the Group Managing Director of First Bank of Nigeria Plc for
that purpose.
“Mr. Stephen Onasanya was invited by the commission and he came and
volunteered an extrajudicial statement wherein he stated that he marketed
a property at Bella Vista, Banana Island, Ikoyi, Lagos, belonging to Mr.
Youseff Fattau of Ibatex Nigeria Limited to Mrs. Diezani Alison-Madueke
and Mrs. Diezani Alison-Madueke later bought the property from Mr. Youseff
Fattau, through her lawyer, Mr. Afamefuna Nwokedi (who she introduced to
him) and that payment for the said property was made through the Abuja
office of First Bank of Nigeria Plc.
“First Bank of Nigeria Plc, through Mr. Barau Muazu, wrote to the
commission and also volunteered an extrajudicial statement in writing that
they made the payments totalling US37,500,000 to Ibatex Nigeria Limited &
YF Construction Development and Real Estate Limited on behalf of Mrs.
Diezani Alison-Madueke and that they collected the entire cash from Mrs.
Diezani Alison-Madueke at her residence of No. 10, Fredrick Chiluba Close
of Jose Marti Street, Asokor, Abuja and paid into the First Bank of
Nigeria Plc accounts of Ibatex and YF Construction Development and Real
Estate Limited on her instruction.”
After listening to Ozioko, Justice Obiozor ordered temporary seizure of
the property and the funds.
He directed that the order should be published in a national newspaper.
Justice Obiozor adjourned till August 7 for anyone interested in the
property and funds to appear before him.