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1,620 Valuables Owned By Alison-Madueke and Alex Badeh Listed For Auction

A total of 1,620 properties belonging to former Minister of Petroleum Resources, Diezani Alison-Madueke, and the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, is listed for auctions. The wide range of property which was forfeited to the federal government includes cars, houses, phones, laptops, vessels, jewelleries, and other personal valuables.

According to the chairman, Inter-Ministerial Committee on the Disposal of Forfeited Assets, Mohammed Etsu, the illegally acquired properties are located in about 25 locations across Nigeria. Following a government advertisement, about 613 valuers have applied to manage the sales of the properties.

Some of the houses seized from Alison-Madueke who is on self-exile in the UK are 18 flats and six penthouses located at Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout at Banana Island Foreshore Estate, Ikoyi, Lagos. Some of the houses seized from Badeh are in 14 Adzope Crescent, off Kumasi Crescent; 19 Kumasi Crescent, Wuse 2; and 6 Umme Street, Wuse 2, as well as in Maitama, Abuja.

Other confiscated valuables are:

  • 125 pieces of wedding gowns
  • 13 pieces of small gowns
  • 41 pieces of waist trainers
  • 73 pieces of hard flower
  • 11 pieces of suit
  • 11 pieces of invisible bras
  • 73 pieces of veils
  • 30 pieces of braziers
  • Two pieces of standing fans
  • 17 pieces of magic skits
  • Six packets of blankets
  • One table blanket
  • 64 pairs of shoes

Etsu disclosed that the highest number of forfeited property is in Lagos where 31 houses and 589 vehicles are stationed.

A total of 284 valuers applied to value the residential, commercial, institutional, and underdeveloped plots of land; 229 valuers want to value plants, machinery, motor vehicles, furniture and equipment; 75 companies submitted bids for the valuation of water vessels; and 25 companies presented bids for the valuation of jewellery, ornaments and clothing materials.

EFCC Chairman, Abdulrasheed Bawa, told the House of Representatives in May that jewellery worth N14 billion was seized from Diezani. She served under former President Jonathan Goodluck.