The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, today May 28, disclosed that the jewellery forfeited by the former Minister of Petroleum Resources, Diezani Alison-Madueke is worth N14.4 billion.
Bawa made the
disclosure when he appeared before the House of Representatives committee.
''Jewellery
forfeited from the former minister has been valued by relevant government
agencies and the estimated value of the jewellery is 14.4 billion naira,” he
said.
Bawa noted
that the estimated value of the houses seized and forfeited from Diezani is $80
million and that all the assets are in the custody of the commission and have
not been sold.
The House of
Reps committee is assessing the status of all recovered loot moveable and
immovable assets from 2002-2020 by agencies of government.
Diezani was a
serving Minister under the Goodluck Jonathan administration.
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