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Court orders forfeiture of Ex-Petroleum minister Diezani’s luxury items including jewelry, customized gold iPhone worth N14bn

By  Folahan Adebayo

The Economic and Financial Crimes Commission have recovered some Luxury items including jewelries and a customized gold iPhone worth N14bn($40m) from the premises of ex-petroleum minister, Diezani Allison, which a Federal High Court Sitting in Lagos ordered the interim forfeiture to the Federal Government. 

Justice Nicholas Oweibo gave the order for the forfeiture after granting a motion exparte application brought before him by the EFCC Prosecutor, Rotimi Oyedepo.

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The application, titled action in rem, had Diezani as the only defendant and it was filed pursuant to Section 17 of the Advance Fee Fraud and other related Offences Act No. 14, 2006.

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Diezani who has been under prosecution for financial crimes for about 4 years is not currently in Nigeria.

The luxury items included expensive jewelries comprising wristwatches, necklaces, bracelets, bangles, earrings and more.

The EFCC claimed that the items were reasonably suspected to have been acquired with proceeds of unlawful activities of the former Minister.

READ: Former First Lady Patience Jonathan forfeits N12bn to Federal Government

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Folahan Adebayo Folahan Adebayo Folahan Adebayo is a Seasoned Nigerian Journalist and Reporter at Dockaysworld. He enjoys telling beautiful stories on Celebrities, Business and Lifestyle. He Holds a B.A in Mass Communication.

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