The former minister, who was one of the most powerful officials of the President Goodluck Jonathan administration, was arrested Friday morning by the UK National Crimes Agency, alongside four other people.
The identities of the four other people arrested along with her could not be immediately ascertained
It was learnt she was arrested for offences related to bribery, corruption and money laundering.
Two top British officials in London confirmed the development. They requested not to be named because they had no permission to speak on the issue.
When contacted, the British High Commission in Nigeria confirmed that some arrests were made Friday but declined to disclose the identities of those involved.
President Muhammadu Buhari had on September 27 hinted that those who misappropriated billions of naira belonging to Nigeria’s state oil company, the Nigerian National Petroleum Corporation would soon be prosecuted.
Mr. Buhari said at a meeting with President Xi Jinping of China in New York that his administration was determined to fully sanitize Nigeria’s oil industry and make it totally free of corruption and shady deals.
The President did not, however, say how soon the prosecutions would start or if indeed investigations had been concluded and whether culpable individuals had been identified.
The NNPC under the immediate past administration of President Goodluck Jonathan was involved in several shady deals, many of which have been cancelled by the present government.
However, Mrs. Alison-Madueke, accused of several corrupt dealings, has stayed away from Nigeria since Mr. Buhari was sworn-in as president.