N14.4bn WORTH OF JEWELLERY AND $80 WORTH OF HOUSES BELONG DIEZANI FORFEITED TO FG ~EFCC

The Economic and Financial Crimes Commission (EFCC) says the pieces of jewellery seized from the former Minister of Petroleum Resources, Diezani Alison-Madueke are valued at about N14.460 billion.

The Commission also valued the Houses seized from the former Minister at 80million dollars.

Chairman of EFCC, Mr ABDULRASHEED BAWA disclosed this today, Friday at the House of Representatives Ad hoc Committee investigating the assessment and status of recovered loot.

The EFCC boss said that Diezani’s jewellery are still in the custody of the agency, hinting that it had not been auctioned but had been finally forfeited to the Federal Government.

BAWA said that court processes, procedures and administrative exigencies had stalled some of the seized assets to be auctioned.

The anti-graft commission’s Chairman said that the Commission would 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 according to him 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 terms of the mandate given to them”.