Forfeiture: Diezani Loses Bid To Recover $40m Jewellery From Fed Govt - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
November 26, 2021
The appellate court held that there was no substance in Alison-Madueke’s bid to overturn the lower court’s order.
It affirmed the 2019 judgment of Justice Nicholas Oweibo of the Federal High Court which forfeited the jewellery following an application by the Economic and Financial Crimes Commission (EFCC).
The appellate court gave its judgment in an appeal filed by Alison-Madueke
On July 5, 2019, the EFCC secured an order of the high court temporarily forfeiting the expensive items to the Federal Government.
According to the schedule attached to the application, the jewellery, categorised into 33 sets, include “419 expensive bangles; 315 expensive rings; 304 expensive earrings; 267 expensive necklaces; 189 expensive wristwatches; 174 expensive necklaces and earrings; 78 expensive bracelets; 77 expensive brooches; and 74 expensive pendants.”