Nigeria court: Forfeit $110 million linked to oil minister

A Nigerian court has handed the government more than $110 million seized from bank accounts linked to the former oil minister.

It's the first major victory for the anti-corruption Economic and Financial Crimes Commission, though the amount is negligible compared to the $20 billion in oil sales that allegedly went missing while Diezani Alison-Madueke was oil minister.

The anti-corruption commission alleges she stole the forfeited money from the state oil company.

Alison-Madueke has denied all allegations of corruption.

The commission announced Thursday's ruling on social media and declared "the former minister is being prosecuted."

Judge Muslim Hassan ordered the forfeiture after nobody showed up in court Thursday to claim the money or prove its legitimacy. It was held in local naira currency and U.S. dollars in three Nigerian banks.



Add Comment

all comments

  Other news

more
‘No new bill’ on Russia sanctions, Senate violated procedure – White House

‘No new bill’ on Russia sanctions, Senate violated procedure – White House..

26-Jun, 17:36

President Donald Trump will disregard the recent Senate bill imposing new...

'Less homophobic bullying' in Britain's schools

'Less homophobic bullying' in Britain's schools..

26-Jun, 20:02

The level of homophobic bullying in Britain's secondary schools has...

Strictly star Brendan Cole shares very rare photo of daughter Aurelia

Strictly star Brendan Cole shares very rare photo of daughter Aurelia..

27-Jun, 09:48

The four-year-old is Brendan's only child with wife Zoe Hobbs Brendan...

Aadhaar: India court says biometric ID mandatory for welfare

Aadhaar: India court says biometric ID mandatory for welfare..

27-Jun, 04:12

India's Supreme Court has rejected an attempt to stop the government...

ANALYSIS: How SCOTUS Drama Is Ultimate Trump Distraction

ANALYSIS: How SCOTUS Drama Is Ultimate Trump Distraction..

10-Feb, 05:06

It’s President Trump vs. the judicial branch. Trump vs. the legislative...

Malaysia hopes for talks with North Korea in 'next few days'

Malaysia hopes for talks with North Korea in 'next few days'..

11-Mar, 05:38

Malaysia's foreign minister says the government hopes to begin formal...

MSCI adds China-listed stocks to index in long awaited move

MSCI adds China-listed stocks to index in long awaited move..

20-Jun, 22:55

Global stock benchmark provider MSCI has made a long-awaited decision to...

Enormous Stratolaunch aircraft rolled out for first time

Enormous Stratolaunch aircraft rolled out for first time..

01-Jun, 16:05

Billionaire Paul G. Allen's Stratolaunch, a massive aircraft designed to...