Just In: Court Orders Diezani’s N14Bn Jewellery Forfeited To Fed Govt

A Federal High Court, Lagos Division has ordered that jewelry seized from Diezani Alison-Madueke be forfeited permanently to the Federal Government.

The jewellery valued at $40 million (about N14.4 billion) recovered from the former Petroleum Resources Minister has been a subject of litigation and controversy; but which the former strong ally of President Goodluck Jonathan could not provide verifiable source of acquisition.

The jewellery, categorised into 33 sets, include “419 expensive bangles and 315 expensive rings”.

Others are 304 expensive earrings, 267 expensive necklaces, 189 expensive wristwatches and 174 expensive necklaces and earrings.

The rest are 78 expensive bracelets, 77 expensive brooches and 74 expensive pendants.

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