EFCC Seized Jewellery Worth N14.6billion From Ex-Minister, Diezani – EFCC

The EFCC boss stressed that the houses seized from the
former Minister was also valued at $80 million (about
N37, 000, 000, 000).
Jewellery worth N14.6 billion was seized from former
Minister of Petroleum, Diezani Alison-Madueke by the
Economic and Financial Crime Commission (EFCC), the
anti-graft agency had said.
This was disclosed on Friday by the EFCC Chairman,
Abdulrasheed Bawa, before the House of Representatives
Ad Hoc Committee investigating the assessment and
status of recovered loot in Abuja.
Bawa revealed that Diezani’s jewellery is still in the
custody of the agency, noting it has finally been forfeited
to the Federal Government.
He stressed that it had not been auctioned off.
The EFCC boss stressed that the houses seized from the
former Minister was also valued at $80 million (about
N37, 000, 000, 000).
According to Bawa, the court processes, procedures and
administrative exigencies, are said to have stalled the
process of having some of the seized assets auctioned by
the anti -graft agency. He noted that the agency would
henceforth deal with the seized assets case by case at the
courts in order to quickly dispose the assets.
“Already the Federal Government has set up a committee
under the chairmanship of the Solicitor-General for the
Federation and I think they are working tirelessly.
“We have EFCC representatives from that committee and
we believe at the end of the day Nigerians are going to
appreciate what that committee will come out with in term
of the mandate given to them,” he said.
Bawa who stated that he was not a member of the
committee to know how soon the assets were going to be
disposed said in its quest to transform the agency, it
would soon digitalise its processes.
Four additional departments which include Intelligence,
procurement, Internal Affairs and the Information
Communication Technology Department had been created
and upgraded to restore confidence. Bawa said.
According to NAN, Bawa said there was no loot that had
been re-looted as being speculated, stressing that going
forward, the EFCC would be different and Nigerians would
be the better for it.