Court Orders Final Forfeiture Of Diezani’s Jewellery Worth 40 Million Dollars - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
September 10, 2019
A Federal High Court Sitting in Lagos has granted afinal forfeiture to the Federal Government, the $40m worth of jewellries seizedfrom the premises of the former minister of Petroleum Resources, DiezaniAllison-Madueke.
Justice Nicholas Oweibo ruled that the formerMinister had failed to show cause why the jewelries should not be forfeited tothe Federal Government of Nigeria.
In his application for the final forfeiture order,Counsel to the Economic and Financial Crimes Commission , Rotimi Oyedepo hadtold the judge that the expensive jewellries comprising wristwatches, necklaces,bracelets, bangles, earrings, a customized gold phone and more were reasonablysuspected to have being acquired with proceeds of unlawful activities of theformer Minister.
The Former Minister on her part had challenged theseizure of the jewellries from her premises by the Economic and FinancialCrimes Commission.