Diezani Loses Over 2,000 Jewellery Worth $40m To Nigerian Govt

The Federal High Court in Lagos on Tuesday ordered the permanent forfeiture of the 2,149 pieces of jewellery and a customised gold iPhone, valued at $40m, recovered from the Abuja home of a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.

Justice Nicholas Oweibo gave the ruling on Tuesday.

He held that Diezani, through her lawyer, Awa Kalu (SAN), failed to show cause why the items should not be permanently forfeited to the Federal Government.

Diezani is being prosecuted by the Economic and Financial Crimes Commission (EFCC), who insisted the items were proceeds of crime.

The items are: Bangles (419); rings (315); earrings (304); necklace (267); wristwatches (189); necklace and earrings (174); bracelet (78); brooch (77); pendants (74); necklace (48); necklace, bracelet, earring and ring (44); necklace, earrings and rings (32); pendants and earrings (30) and necklace and bracelet (18).

Others are: Earrings and rings (15); earrings, rings and bracelet (12); cufflinks (11); pendants, earrings and rings (6); single earrings (5); bracelets and earrings (5); necklace and single earrings (3); necklace and rings (3); travel clocks (3); brooch and cufflinks (3); pendants and rings (2); bracelets, earrings and ring (1); bangle and earring (1); necklace, ring and bracelet (1); bangle, ring and brooch(1); necklace, earring and two bracelets (4); bangle and ring (1); brooch and earring (1) necklace and two pairs of earrings (3) and customized Gold iphone (1).

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