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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) 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. On the strength of the evidence it has gathered, the EFCC said it will ask federal courts to order that the assets be forfeited to the government, according to the statement. Alison-Madueke has previously denied any wrongdoing, and calls to her mobile phone for comment didn’t conn...