The Economic and Financial Crimes Commission has rated the pieces of jewellery seized from a former Minister of Petroleum Resources, Diezani Alison-Madueke, and have been valued at about N14.460 bn.
AbdulRasheed Bawa, Chairman of the EFCC, told the House of Representatives on Friday 28 of May.
Mr. Bawa disclosed the “estimated value” of the forfeited pieces of jewellery to an ad hoc committee of the House probing the status of recovered loot at an investigative hearing.
It was a shocking revelation to the members of the committee and the audience at the venue. The EFCC boss also told the lawmakers that the houses finally forfeited by the Ex-minister have been valued at about $80m.
