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Showing posts with label final forfeiture of Diezani's $40m jewellery. Show all posts
Showing posts with label final forfeiture of Diezani's $40m jewellery. Show all posts

Tuesday 10 September 2019

Court orders final forfeiture of Diezani's $40m jewellery, iPhone to FG

AgegePulse Magazine

Justice Nicholas Oweibo of the Federal High Court sitting in Lagos, today September 10th, ordered the permanent forfeiture of the 2,149 pieces of jewellery and a customised gold iPhone, valued at $40m, recovered from the Abuja home of embattled former Minister of Petroleum Resources, Diezani Alison-Madueke. .
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Delivering judgement in a petition filed by Diezani challenging the EFCC's authority to seize her jewelries, Justice Oweibo held that the former Minister through her counsel, Awa Kalu (SAN), failed to show cause why the items should not be permanently forfeited to the Federal Government. .
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The Economic and Financial Crimes Commission had in July this year, seized the luxury items which it believes are proceeds from ''unlawful activities''. The antigraft agency told the court that the items were beyond Madueke's legitimate means.