Oct 5, 2015

Nigeria Former Minister’s Petroleum Cash Seized

A court in London has approved the seizure of cash from Nigeria’s former oil minister Alison Diezani-Madueke.

The amount seized from the former minister is about $41,000 (£27,000), following an application brought by the UK’s National Crime Agency under the Proceeds of Crime Act.



The court ruled that the money can be held for six months.

She has not yet been charged with any offence.

Ms Diezani-Madueke was freed on bail on Friday following her arrest, as part of an investigation into suspected bribery and money laundering.

She has previously denied any wrongdoing when it was alleged that $20bn of oil money had gone missing when she was in office between 2010 and 2015.


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