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Jewelry forfeited by Diezani worth N14.4bn - EFCC

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The Economic and Financial Crimes Commission (EFCC), Boss Abdulrasheed Bawa,on Friday disclosed that the jewelry forfeited by the former Minister of Petroleum Resources, Diezani Alison-Madueke is worth N14.4 billion. 

"Jewelry forfeited from Diezani who was a serving Minister under the Goodluck Jonathan administration has been valued by relevant government agencies and the estimated value of the jewelry is N14.4 billion."

Bawa noted that the estimated value of the houses seized and forfeited from Diezani is $80 million and that all the assets are in the custody of the commission and have not been sold. 

Bawa said this when he appeared before the House of Representatives committee. 

The House of Reps committee is assessing the status of all recovered loot moveable and immovable assets from 2002-2020 by agencies of government. 

 

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