Saturday 11 February 2017

N11 Billion Property In Banana Island Belonging To Former Petroleum Minister Diezani Uncovered By EFCC

The Economic and Financial Crimes Commission (EFCC) has discovered a mind blowing property, a 15-storey building 18-flat mansion bought for $37.5m (N11.75bn) in Banana Island, Lagos allegedly belonging to former Minister of Petroleum, Diezani Alison Madueke.

A source said the building was discovered during further investigations on the former minister.
“The property Building 3, Block B, is a 15 storey edifice comprising 18 flats and 6 penthouses, Bella Vista at Plot 1, Zone N, Federal Government Layout, Banana Island Layout, Foreshore Estate, Off Onikoyi Road, Ikoyi, Lagos.
“The property was acquired by the former minister between 2011 and 2012 at a total cost of $37,500,000USD from the developers, YF Construction Development and Real Estate.

“It was acquired in the name of a Shell company, Rusimpex Limited under the control of a  certain Mr. Afamefuna Nwokedi in Lagos.

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