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Sale of Diezani’s jewellery, Badeh’s house, other forfeited assets commences — FG

By Nneka Nwogwugwu

The Federal Government has commenced the process of selling final forfeited assets in 25 locations across the country.
Chairman of the inter-ministerial committee on the disposal of assets forfeited, Dayo Apata made this known on Tuesday .
He said the committee, comprises representatives from the Presidency, Police, Navy, Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and Other Related Offences Commission (ICPC), as well as Ministries of Finance, Justice, Works and Housing, among others.
He said the committee is working towards completing its assignment within six months.
Some of the assets to be sold include landed properties, plants, machinery, motor vehicles, jewelry, etc.
“It needs to be emphasized that asset recovery and disposal constitutes an integral part of the administration of criminal justice which are all within the purview of the Hon. Attorney-General of the Federation,” he said.
The statement was silent on the particular assets, EFCC had in the past secured court approval for final forfeiture of some assets.
Recall that in 2019, a federal high court in Lagos ordered the permanent forfeiture of $40 million worth of jewellery seized from the residence of Diezani Alison-Madueke, former minister of petroleum resources, to the federal government.
Other locations visited by the committee include EFCC’s vehicle dump site near the National Mosque; The Platinum Residence Exquisite Luxury Accommodation, located in AMSSCO Platinum City, Galadimawa; and a house located at 6 Ethiope Close Maitama.

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