Diezani Alison-Madueke’s $40m Jewelry, Gold iphone Forfeited to FG

Justice Nicholas Oweibo of the Federal High Court sitting in Lagos had on Friday (July 5, 2019) ordered the former minister to temporarily forfeit certain items to the federal government.

The order followed an ex parte application filed by the Ibrahim Magu-led Economic and Financial Crimes Commission (EFCC).

The pieces of jewellery were recovered by the EFCC in homes traced to Mrs Alison-Madueke who is now a fugitive in London. She fled Nigeria after the 2015 elections as the EFCC moved to put her on trial for alleged corruption.

In the application brought before Justice Oweibo, the EFCC said the expensive items, comprising wristwatches, necklaces, bracelets, bangles, earrings and more, were reasonably suspected to have been acquired with proceeds of unlawful activities of the former minister.

The Judge adjourned till 23 August 2019 for further proceedings.

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