Court grants forfeiture of Diezani’s $40m jewellery, iPhone to FG

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Court grants forfeiture of Diezani's $40m jewellery
Court grants forfeiture of Diezani’s $40m jewellery

Court grants forfeiture of Diezani’s $40m jewellery

of the Federal High Court sitting in Lagos, today September 10th, ordered the permanent forfeiture of the 2,149 pieces of jewellery and a customised gold iPhone, valued at $40m, recovered from the Abuja home of embattled former Minister of Petroleum Resources, .

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Delivering judgement in a petition filed by Diezani challenging the EFCC’s authority to seize her jewelries, Justice Oweibo held that the former Minister through her counsel, Awa Kalu (SAN), failed to show cause why the items should not be permanently forfeited to the Federal Government.

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The Economic and Financial Crimes Commission had in July this year, seized the luxury items which it believes are proceeds from ”unlawful activities”. The antigraft agency told the that the items were beyond Madueke’s legitimate means.

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