Saturday, 6 July 2019

A High Court has ordered the forfeiture of Diezani’s jewellery, gold iPhone worth $40m


Diezani at the world economic forum

Report suggests that Justice Nicholas Oweibo of the Federal High Court in Lagos has ordered the forfeiture of 2,149 pieces of jewellery and a customised gold iPhone, valued at $40m, belonging to Mrs Diezani Alison-Madueke, the 
former Minister of Petroleum Resources.

According to the report, the judge ordered that the items should be temporarily forfeited to the Federal Government.

The application, titled action in rem, had Diezani as the only defendant and it was filed pursuant to Section 17 of the Advance Fee Fraud and other related Offences Act No. 14, 2006.
The EFCC said in the application that it found and recovered the jewellery and the customised gold iPhone “on the premises of the respondent,” adding that it reasonably suspected that the former minister acquired them with “proceeds of unlawful activities.”
The judge adjourned till August 23, 2019 for further proceedings.

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