Nigerian Graft Agency Traces $615 Million to Ex-Oil Minister

Agency says more than a dozen estates traced to Alison-Madueke
Nigeria seeking court ruling for forfeiture of the assets

Diezani Alison-Madueke
Photographer: F. Carter Smith/Bloomberg

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By Solape Renner and Dulue Mbachu

August 9, 2017 at 5:02 PM UTC

Updated on

August 10, 2017 at 7:00 AM UTC

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Nigeria’s anti-graft agency said it traced at least $615 million of allegedly illegally acquired cash and properties to the West Africa nation’s former oil minister, Diezani Alison-Madueke.

In addition to “boxes of gold, silver and diamond jewelry, worth several million pounds” found at her residence, the Economic and Financial Crimes Commission identified more than a dozen buildings across the country worth more than $500 million owned by the former minister, the agency said in a statement on its website on Wednesday.