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AT A GLANCE: Breakdown of all the cash, properties EFCC traced to Diezani

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Diezani Allison-Madueke and her loot

A rare opinion by two staff of the public affairs directorate of the Economic and Financial Crimes Commission (EFCC) on Tuesday revealed that the commission traced a total of N47.2bn and $487.5m in cash and properties to Diezani Allison-Madueke, former Minister of Petroleum Resources.

The above does not include “boxes of gold, silver and diamond jewellery, worth several million pounds”, which the EFCC said it found in one of Allison-Madueke’s palatial residences in Abuja.

This is by far the largest amount ever recovered from a single individual in the country’s history.

Below is a table of everything traced by the commission to Allison-Madueke so far:

ITEM VALUE (IN USD) VALUE (IN NAIRA) YEAR ACQUIRED
15-storeyed mansion in Banana Island, Lagos $37.5 million 2011 – 2012
Rent on Banana Island Property $2, 74 million
Rent on Banana Island Property N84, 537,840.70
Two apartments at Bella Vista Court, Lagos  $350 Million November 2011
Block of six units serviced apartments in Ikoyi, Lagos N800 Million January 2012
21 mixed housing at Thurnburn and Raymond Street, Yaba, Lagos N1 billion May 2012
Twin four-bedroom duplex, Lekki, Lagos N200 million
Land expanse of Land at Victoria Island, Lagos N135 million February 2012
Penthouse on the 11th Floor of a building  in Ikoyi, Lagos N12 million December 2011
Duplex with Guest chalet, boys quarters, swimming pool, gym house, etc in Asokoro District, Abuja N400 million December 2009
Mini Estate at Mabushi area of Abuja N650 million April 2012
6-bedroom en-suite apartment at Aso drive, Abuja N80 million July 2011
Heritage Court Estate GRA, Diobu, Port Harcourt, Rivers State N900 million May 2012
Two blocks of flats at Yenagoa, Bayelsa State Real worth not known but estimated to cost hundreds of millions
Money allegedly laundered for Diezani by various banks N9 billion Permanently forfeited to FG on January 2017
Another sum traced to Diezani N34 billion Permanently forfeited to FG on February 2017
Money used to bribe INEC staff for 2015 general election $100 million  

 

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