Politics People

Jewellery Forfeited By Diezani Worth N14.460bn

Economic Financial and Crimes Commission (EFCC) boss, Abdulrasheed Bawa has disclosed that the pieces of jewellery seized from a former Minister of Petroleum Resources, Diezani Alison-Madueke, has been valued at about N14.460 bn.

Disclosing this to the House of Representatives on Friday, Bawa also made it known that the “estimated value” of the houses finally forfeited by the Ex-minister have been valued at about $80 million.

Bawa reportedly disclosed that Diezani’s pieces of jewellery are still in the custody of the agency adding that it has not been auction but has been finally forfeited to the Federal Government.

According to him, “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.”

He added that “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 within the term of the mandate given to them.”

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Esther Ifeoluwa

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