Former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke has lost the bid to retrieve her jewelry and a customised gold iPhone forfeited to the Federal Government.
This happened after the Federal High Court in Lagos state, recently ordered the permanent forfeiture of the 2,149 pieces of jewelry and a customised gold iPhone, valued at $40m, recovered from the former minister’s house in Abuja.
In his ruling, Justice Nicholas Oweibo 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.
The Economic and Financial Crimes Commission, EFCC, had told the judge that the jewelry and iPhone were reasonably suspected to be acquired with fraud proceeds.
The anti-graft agency said the items were beyond Diezani’s legitimate earnings.
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