Court orders forfeiture of Kola Aluko’s $73m, N350m properties

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The Federal High Court in Lagos on Tuesday ordered the forfeiture of three landed properties belonging to Kola Aluko, an ally of a former Minister of Petroleum Resources, Diezani Allison-Madueke.

The Economic and Financial Crimes Commission gave the value of the landed properties located in Abuja and Lagos as $73m and N350m.

The EFCC said the funds used to procure the properties were reasonably suspected to be proceeds of unlawful activities. “The properties sought to be attached are reasonably suspected to be proceeds of an unlawful diversion from the Federal Government of Nigeria.

 

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What do one expect? Other tribes are in for it under this administration, I have not read about forfeiture happened to his tribe person and it's a great shame really. GOD will surely judge all of you there.

Wow..... This country has money oooo

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