Diezani forfeits $40m worth of Jewelry

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Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos, on Friday, July 5, 2019, ordered the interim forfeiture of some pieces of jewelry and a customized gold iphone all valued at $40m belonging to Diezani Alison-Madueke, a former Minister of Petroleum Resources.


Justice Oweibo gave the order, following an ex parte application filed by EFCC. The applicant, through its lawyer, Rotimi Oyedepo, stated that the items were found and recovered from the premises of the respondent, Alison-Madueke.
The EFCC further stated that it reasonably suspected that the items were acquired with proceeds of unlawful activities.
The items are: Bangles( 419); rings (315); earrings (304); necklace (267); wristwatches(189); necklace and earrings (174); bracelet (78); brooch (77); pendants( 74); necklace(48); necklace, bracelet, earring and ring (44); necklace, earrings and rings (32); pendants and earrings (30) and necklace and bracelet (18).
Others are: Earrings and rings (15); earrings, rings and bracelet (12); cufflinks (11); pendants, earrings and rings (6); single earrings (5); bracelets and earrings (5); necklace and single earrings (3); necklace and rings(3); travel clocks(3); brooch and cufflinks (3); pendants and rings (2); bracelets, earrings and ring (1); bangle and earring (1); necklace, ring and bracelet (1); bangle, ring and brooch(1); necklace, earring and two bracelets( 4); bangle and ring (1); brooch and earring (1) necklace and two pairs of earrings (3) and customized Gold iphone(1).

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