…Appeal Court affirms forfeiture
The Court of Appeal, Lagos Division, yesterday, affirmed the forfeiture of a $40 million worth of jewelry belonging to a former Minister of Petroleum Resources, Diezani Alison-Madueke, to the Federal Government.
Recall that Justice I.N. Oweibo, of the Federal High Court sitting in Ikoyi, Lagos, had on September 10, 2019, ordered the final forfeiture of the jewelry and a customised gold I-phone valued at $40m belonging to Allison-Madueke, to the Federal Government.
The Judge had, earlier on July 5, 2019, granted the interim forfeiture of the properties, following an ex-parte application filed by the EFCC.
