Diezani loses n7 6b loot

You're referring to the recent news about Diezani Alison-Madueke, the former Minister of Petroleum Resources in Nigeria, losing a whopping N7.6 billion (approximately $20 million) in loot.

For those who may not be aware, Diezani Alison-Madueke was a key figure in the administration of former President Goodluck Jonathan, serving as the Minister of Petroleum Resources from 2010 to 2015. She was accused of embezzling billions of dollars in oil revenue during her tenure, and was subsequently banned from leaving the country by the Nigerian government.

In a recent development, the Economic and Financial Crimes Commission (EFCC) has reportedly recovered N7.6 billion from Diezani Alison-Madueke's accounts, which is believed to be part of the loot she allegedly stole during her time in office. The recovered funds are said to be part of the proceeds of the alleged corruption and money laundering activities of Diezani and her associates.

This development is a significant step towards recovering stolen funds and holding those responsible accountable for their actions. It's a testament to the efforts of the EFCC and other anti-corruption agencies in Nigeria to combat corruption and ensure that those who engage in corrupt practices are brought to justice.

It's worth noting that Diezani Alison-Madueke has denied any wrongdoing and has been fighting extradition from the United Kingdom, where she has been living in exile. However, the Nigerian government has been pushing for her extradition to face trial in Nigeria.

Overall, the recovery of N7.6 billion from Diezani Alison-Madueke's accounts is a significant victory in the fight against corruption in Nigeria, and it sends a strong message that those who engage in corrupt practices will be held accountable.