The Economic Financial Crimes Commission (EFCC) said the money was laundered for the former minster.
Justice Muslim Hassan held that the money was a product of unlawful activity and ordered the forfeiture of unclaimed N23.4billion, $5million as well as $40million (the naira equivalent of which is N9.08billion).
EFCC said the laundered money was $153million, some of which was converted to naira.The former Minister had allegedly siphoned the money from the Nigerian National Petroleum Corporation ,NNPC, and stashed in three banks, including Sterling Bank Plc.
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