The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa has disclosed that the jewellery forfeited by the former Minister of Petroleum Resources, Diezani Alison-Madueke is worth N14.4 billion.
According to report, Bawa stated this on Friday when he appeared before the House of Representatives ad-hoc committee investigating the assessment and status of recovered loot.
He said the “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 also stated that the estimated value of the houses seized and forfeited from Diezani is $80 million.
The EFCC boss, however noted that 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.
Recall that TheNewsBeam reported that the EFCC Chairman disclosed that the commission recovered $153 million and no fewer than 80 properties valued at $80m from Diezani Alison-Madueke, who has been living in Britain since she left office.
Bawa was also quick to note that bringing the former minister to justice was still far from reality, given the fact that she was out of Nigeria’s jurisdiction, acknowledging the challenges associated with bringing her home to face justice.