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Court Orders Seizure of Diezani’s $37.5m Banana Island House, Funds

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fraud charges

The Federal High Court in Lagos on Wednesday ordered the temporary forfeiture of a property at Banana Island, Lagos, reportedly bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The property, designated as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana Island Foreshore Estate, has 24 apartments, 18 flats and six penthouses, according to court papers presented on Wednesday by the Economic and Financial Crimes Commission.

Image result for Diezani Alison-Madueke.

Apart from the property, the court also ordered the temporary forfeiture of the sums of $2,740,197.96 and N84,537,840.70, said to be part of the rent collected on the property.

The funds were said to have been found in a Zenith Bank account number 1013612486.

Justice Chuka Obiozor ordered the temporary forfeiture on Wednesday, following an ex parte application to that effect brought before him by a counsel for the EFCC, Mr. Anselem Ozioko.

Ozioko had told the judge that the EFCC “reasonably suspected that the property was acquired with proceeds of alleged unlawful activities of Diezani.”

The lawyer said investigations by the EFCC revealed that Diezani made the $37.5m payment for the purchase of the property in cash, adding that the money was moved straight from her house in Abuja and paid into the seller’s First Bank account in Abuja.

“Nothing could be more suspicious than someone keeping such huge amounts in her apartment. Why was she doing that? To avoid attention.

“We are convinced beyond reasonable doubts because, as of the time this happened, Mrs. Diezani Alison-Madueke was still in public service as the Minister of Petroleum Resources,” Ozioko told the court.

The ex parte application taken before the judge was filed pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act, No. 14, 2006 and Section 44(2)(k) of the Constitution.

Listed as respondents in the application were Diezani; a legal practitioner, Afamefuna Nwokedi; and a company, Rusimpex Limited.

After listening to the EFCC lawyer on Wednesday, Justice Obiozor made an order temporarily seizing the property and the funds.

He directed that the order should be published in a national newspaper.

He adjourned the case till August 7, 2017 for anyone interested in the property and funds to appear before him.

MUSIC

Kendrick Lamar’s “Not Like Us” Beats Drake’s “Family Matters” To Billboard #1 Spot

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"Not Like Us" beats "Family Matters" To Billboard #1 Spot | fab.ng

Kendrick Lamar‘s latest diss track, “Not Like Us,” has landed the coveted number-one spot on the Billboard Hot 100 chart. This marks Kendrick’s second chart-topping single in 2024, following the success of “Like That” by Metro Booming & Future.

“Not Like Us” is the final chapter in Kendrick’s rap battle with Drake, and many fans believe it solidified his victory. This track, which Mustard produced, completely outshines Drake’s response song, “Family Matters.” “Family Matters” debuted at a much lower number 7 on the Billboard Hot 100.

Here’s where things get interesting:

Kendrick’s entire diss track trilogy dominated the top 10. “Euphoria” climbed eight spots to number 3, and “Like That” (by Metro Booming & Future) rose two places to number 2.

“Not Like Us” also shattered records on its path to the top. It became the most-streamed rap song on Spotify in the US in a single day, and it nearly broke Drake’s global single-day record for a rap song on Spotify (held by “Girls Want Girls” featuring Lil Baby).

Sales-wise, “Not Like Us” boasted the biggest debut week for any song in 2024, with 510,000 units sold. It fell short only to Taylor Swift’s “Fortnight,” which debuted with 560,000 units.

This chart dominance by Kendrick Lamar’s diss tracks proves that the music, not just the feud, resonated with listeners. “Not Like Us” not only secured the number one spot but also propelled his other diss tracks up the Billboard Hot 100, solidifying his success in this musical battle.

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MUSIC

BNXN Bags His First RIAA Certification With “Mood”

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BNXN Bags His First RIAA Certification With "Mood" | Fab.ng

Nigerian music star BNXN (formerly Buju) is on a roll with the hit song “Mood.” It just hit a major milestone in the US music industry.

Remember “Mood”? “Mood” the catchy track BNXN collaborated on with Wizkid for his critically acclaimed album “Made In Lagos (Deluxe Edition).” Well, “Mood” has just been certified gold by the RIAA!

This might sound complex, but here’s the scoop:

The Gold Standard

The RIAA, or Recording Industry Association of America, is a big deal in the US music world. When a song or album earns a Gold or Platinum record from the RIAA, it means it’s achieved super impressive sales or streams. Basically, “Mood” is a bona fide hit in the US!

Reaching Gold Status

So how does a song reach Gold status? The RIAA counts one “unit sale” as a physical album purchase, a download of the song itself (although 10 downloads equal one unit sale), or 1,500 streams on platforms like Spotify or Apple Music. According to the RIAA, “Mood” has officially surpassed 500,000 unit sales, making it Gold certified!

Benefits of Certification

Earning RIAA certification is a huge accomplishment for musicians. It can open doors to exciting opportunities, like:

    • Live Shows: More performance opportunities in the US, like invitations to festivals, tours, or even headlining shows.
    • Record Deals: Record labels love RIAA certifications, and this could lead to lucrative deals that provide BNXN with resources and support to further his career.
    • Endorsements: Increased popularity can attract brand endorsements, generating additional income and expanding BNXN’s reach.
    • Greater Recognition: The RIAA certification basically says American audiences love BNXN’s music! This can significantly boost his overall popularity and career trajectory in the US.

This gold certification is a win for both BNXN and Wizkid. It shows their music resonates with listeners worldwide. This milestone is a stepping stone for BNXN’s continued success in the US, and fans can definitely expect more fantastic music from him in the future.

For more music updates, check here.

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ENTERTAINMENT

Brymo Reacts To Reports He Asked Simi For Sex

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Brymo Reacts To Reports He Asked Simi For Sex | Fab.ng

Nigerian singer Brymo is setting the record straight based on recent rumours about him and Simi. During an interview with media personality Chude Jideonwo on the latest episode of “With Chude,” Brymo addressed the controversy surrounding claims that he propositioned singer Simi for sex in exchange for working on a song together.

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