Diezani Alison Madueke
Diezani Alison Madueke

A Federal High Court Sitting in Lagos has granted a final forfeiture to the Federal Government, the $40m worth of jewellries seized from the premises of the former minister of Petroleum Resources, Diezani Allison-Madueke.

Justice Nicholas Oweibo ruled that the former Minister had failed to show cause why the jewelries should not be forfeited to the Federal Government of Nigeria.

In his application for the final forfeiture order, Counsel to the Economic and Financial Crimes Commission , Rotimi Oyedepo had told the judge that the expensive jewellries comprising wristwatches, necklaces, bracelets, bangles, earrings, a customized gold phone and more were reasonably suspected to have being acquired with proceeds of unlawful activities of the former Minister.

The Former Minister on her part had challenged the seizure of the jewellries from her premises by the Economic and Financial Crimes Commission.