Former Minister of Petroleum, Diezani Alison-Madueke forfeited assets worth N47.6 billion to the Federal Government.
The EFCC Chairman, AbdulRasheed Bawa, who made this known yesterday, said the jewellery component of the assets was worth N14.6 billion.
Bawa disclosed the figures before the House of Representatives ad-hoc committee investigating the status of recovered loot yesterday, in Abuja.
He also said that the houses seized from the former Minister are also valued at $80million, about N32.97 billion. The total asset forfeiture is N47.57 billion.
The anti-graft chairman said that Diezani’s jewellery is still in the custody of the agency, adding that it had not been auctioned but had been finally forfeited to the Federal Government.
He said that court processes, procedures and administrative exigencies had stalled the auctioning of some of the seized assets.
Bawa however said that the agency would henceforth deal with the seized assets case-by-case at the courts, in order to quickly dispose of the assets.
“Already the Federal Government has set up a committee under the chairmanship of the Solicitor-General for the Federation; the committee will ensure that assets that are recovered by the EFCC are disposed of.
“We have EFCC representatives on that committee and we believe that at the end of the day Nigerians are going to appreciate what that committee will come out with in terms of the mandate given to them”, he stated.
