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Tuesday, 10 September 2019

Court Orders Final Forfeiture Of Diezani's Jewellery, Customized iPhone Worth $40m To FG

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The Federal High Court sitting in Lagos has ordered the permanent forfeiture of 2,149 pieces of jewellery and a customized gold iPhone valued at $40 million belonging to embattled former Minister of Petroleum Resources, Diezani Alison-Madueke.

Justice Nicholas Oweibo of the Federal High Court today September 10th ordered the permanent forfeiture of the 2,149 pieces of jewellery and a customized gold iPhone.

Delivering judgment in a petition filed by Diezani challenging the EFCC's authority to seize her pieces of jewellery, Justice Oweibo held that the former Minister through her counsel, Awa Kalu (SAN), failed to show cause why the items should not be permanently forfeited to the Federal Government.

The Economic and Financial Crimes Commission had in July this year, seized the luxury items which it believes are proceeds from ''unlawful activities''. 

The antigraft agency told the court that the items were beyond Madueke's legitimate means.

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