Photo: EFCC Uncovers Diezani’s 15-storey Mansion Worth $37.5m in Banana Island

EFCC reveals a 15-storey mansion worth $37.5m allegedly belonging to the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The Nation reports that, the mansion is located on the highbrow Banana Island in Lagos is the latest on the list of choice properties said to have been acquired by the ex-minister with alleged stolen public funds.

A source stated that the ownership of the building was discovered this week in the course of the investigation of the former minister.

Photo: EFCC Uncovers Diezani’s 15-storey Mansion Worth $37.5m in Banana IslandThe source said: “The property Building 3, Block B, is a 15 storey edifice comprising 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.

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“The property was acquired by the former minister between 2011 and 2012 at a total cost of $37,500,000USD from the developers, YF Construction Development and Real Estate.

“It was acquired in the name of a Shell company, Rusimpex Limited under the control of a certain Mr. Afamefuna Nwokedi in Lagos.

“The investigation continues.”

The EFCC source said the agency might seize the property.

His words: “We will do this after the completion of investigation and obtaining of all title documents.”


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  1. There’s one thing about this life. Weda u buy 100 storey building, a storey Building or a gold house, me wey build one room have two things in common.. We must walk to our rooms and we must sleep in one room.. All vanity..

  2. 15 storey gini? Abeg oh.. How many people won live inside. Or is she trying to tell person that she is the only living inside a 15 storey? Chai! If u don’t know what to do with ur money, is it not better u give them to charitable organization instead of wasting it like this….

  3. Vanity upon vanity…. The life we re living is borrowed, when its time d owner ll request for it… Our body isn’t meant for us. Its for termite n worms… So what’s life then if not surrender all to God.

  4. That how the do the will collect our money then go and build house in banana island in Lagos or obodo oyibo then the will relax .

  5. Efcc enough of all these stories, you people can cook stories. Pls allow Dezieni to rest and face Yakubu.

  6. all day for the theif one day for the owner i pray for you all what for another person will eat it bcos you among of the poeple bush nigeria into this if not for God you have sold nigeria totally is this God that leak your way doing out

  7. Earn cool cash working online from your home at your own convenient time

  8. Is she recovered from emergency cancer…. Or she no sick again from cancer of the thief… My country and politics

  9. Dis woman shaa,kudoz to efcc the problen nw is dat government should nt tell us their is no money in nigeria they can see d huge money dey are collecting from dis guyz and efcc should put more effort to reinvestigate dos dat have been catched dey will still have more skeleton under their cupboard

  10. Guys make una no rejoice say government retrieved DAT hug amount of money from her. Because dey will share it among dem selves as usual so I don’t see any reason to congratulate dem cux dey are all thief’s and dey rob each oda