BREAKING!!! High Court Orders Final Forfeiture Of Diezani’s Jewellery Worth $40m

Intro

The $40m worth of jewellries seized from the premises of the former minister of Petroleum Resources, Diezani Allison-Madueke has been issued to the federal Government of Nigeria by a Federal High Court sitting in Lagos.

The case was ruled by Justice Nicholas Oweibo, he said the former minister failed to show cause why the jewellries 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 (EFCC), 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.

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An investigator with the Commission, Rufai Zaki, in an affidavit put before the court insisted that the jewellries were beyond the former Minister’s “known and provable lawful income.”

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