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FG Begins Sales Of Diezani’s Jewellery, Other Properties

Published

4 years ago

Feb 3, 2021.

The Federal Government has begun the process of selling final forfeited assets in 25 locations across the country.

Chairman, Inter-Ministerial Committee on the Disposal of Assets Forfeited to the Federal Government of Nigeria, Dayo Apata, made this known on Tuesday at a press conference.

President Muhammadu Buhari had on November 9, inaugurated the committee following a presidential directive of October 27, recognising the need for the office of the attorney-general of the federation to coordinate and oversee a uniform process or common platform for the recovery, management, and sale of all assets forfeited to the federal government.

Apata said that the disposal of the affected assets is in line with the mandate of the committee and the inherent prosecutorial powers of the Attorney General of the Federation (AGF) and Minister of Justice.

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, amongst others.

“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.

He therefore called on interested persons and/or firms to look out for its publication and “make submissions in the required format and within the specified timelines.”

Although the statement was silent on the particular assets, EFCC had in the past secured court approval for the final forfeiture of some assets.

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.

In the same year, a court ordered the permanent seizure of $8.4 million (about N3billion) and N9.2 billion, belonging to Patience Jona-than, wife of former President Goodluck Jonathan.

A final forfeiture of Dews of Hope Hospital, Owerri, a N1.5 billion state-of-the-art 200-bed hospital, allegedly linked to an aide of Rochas Okorocha, a former governor of Imo state and serving senator, was granted.

After the press briefing, the inter-ministerial committee visited four locations including a house at 14 Adzope Crescent, Wuse 2, Abuja, a property recovered from Alex Badeh, a former chief of air staff and later chief of defence staff.

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.