The Federal Government has commenced the process for the valuation of property belonging to several politically exposed persons, including the embattled former Minister of Petroleum Resources, Diezani Alison-Madueke.

Diezani property located in highbrow Banana Island Foreshore Estate, Ikoyi, Lagos, include eighteen flats and six penthouses located at Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout.

According to Punch, other listed property include those belonging to the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, whose houses in the Wuse 2 and Maitama high-end neighbourhoods of Abuja were seized.

The Federal Government had earlier last week commenced the process of screening six hundred and thirteen independent valuers expected to manage the sale of the assets alleged to have been illegally acquired which have been permanently forfeited to it in about twenty-five locations across the country.

The total number of property marked for auction across the country is one thousand six hundred and twenty including cars, houses, phones, laptops, vessels and other valuables.