These are undoubtedly not the best of times for former Minister of Petroleum Resources, Diezani Alison-Madueke as her pieces of jewellery and house seized by the Economic and Financial Crimes Commission (EFCC) has now been forfeited to the Federal Government.
According to the EFCC, the pieces of jewellery and house seized from Diezani is valued at about N14.460 billion and 80 million dollars respectively.
EFCC Chairman, Abdulrasheed Bawa disclosed this on Friday May 28th, 2021 at the House of Representatives Ad Hoc Committee investigating the assessment and status of recovered loot in Abuja.
Bawa said; “Diezani’s jewellery are still in the custody of the agency, it has not been auction but had been finally forfeited to the Federal Government.”
“Court processes, procedures and administrative exigencies have stalled some of the seized assets to be auctioned by the anti graft agency.”
“The agency will henceforth deal with the seized assets case by case at the courts in order to quickly disposed the assets.”
“Already the Federal Government has set up a committee under the chairmanship of the Solicitor-General for the Federation and I think they are working tirelessly.”
“This is to ensure that assets that are not only recovered by the EFCC but the entirety of the recovery agencies assets are disposed off.”
“We have EFCC representatives from that committee and we believe at the end of the day Nigerians are going to appreciate what that committee will come out with in term of the mandate given to them.”
