The Economic and Financial Crimes Commission has said the
pieces of jewellery seized from a former Minister of Petroleum Resources,
Diezani Alison-Madueke, have been valued at about N14.460 bn.
Chairman of the EFCC, AbdulRasheed Bawa, told the House of
Representatives on Friday.
Bawa disclosed the “estimated value” of the forfeited pieces
of jewellery to an ad hoc committee of the House probing the status of
recovered loot at an investigative hearing.
Members of the committee and the audience at the venue were
shocked by the revelation.
The EFCC boss also told the lawmakers that the houses
finally forfeited by the Ex-minister have been valued at about $80m.
Details later…
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