The Economic and Financial Crimes Commission (EFCC) said it has uncovered a $37.5m mansion in Banana Island in the course of investigation of the former minister of Petroleum Resources, Deziani Alison-Madueke.
The EFCC said that the mansion, allegedly belonging to the former minister, was acquired through a shell company – Rusimpex Limited – under the control of one Afamefuna Nwokedi of Stillwaters law firm, in Lagos.
The property Building 3, Block B, is a 15-storey edifice comprising of 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.
It said that the minister acquired the property between 2011 and 2012 from the developers, YF Construction Development and Real Estate.
Cybersecurity Tips Every Smartphone User Should Know Smartphones have become an essential part of everyday…
Five Costly Financial Mistakes Young Entrepreneurs Should Avoid Starting a business is an exciting journey…
Artificial Intelligence Is Changing the Way Nigerians Work and Do Business Artificial Intelligence (AI) is…
Many small businesses still rely solely on social media to reach customers. While social platforms…
The digital economy continues to create opportunities for millions of people across the world, and…
A new era of financial empowerment, community development, and cooperative excellence has begun with the…