A FORMER MINISTER OF PETROLEUM TO FORFEIT ABOUT THIRTY FOUR BILLION NAIRA TO THE FEDERAL GOVERNMENT.

A Federal High court in Lagos has ordered the final forfeiture of about thirty four billion naira, linked to a former Minister of Petroleum, Diezani Alison-Madueke.

The monies in question were allegedly siphoned from the Nigerian National Petroleum Corporation, NNPC.

In a judgment delivered on Thursday, the presiding judge, Justice Muslim Hassan,  said that the Economic and Financial Crimes Commission, EFCC had successfully proved that the monies were proceeds from an illegal activity.

He said he was satisfied that all the conditions stated in Section Seventeen of the Advanced Fee Fraud and Other Related Offence Act were duly fulfilled by the anti-graft agency.

The court had on January 6, 2017, temporarily ordered the  forfeiture of  about thirty  four billion naira, which the former minister allegedly stashed in three banks in the country.