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FG Values Recovered Properties From Diezani, Others

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Home » FG Values Recovered Properties From Diezani, Others

FG Values Recovered Properties From Diezani, Others

by LiveFromNaija News
October 27, 2021
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FG Values Recovered Properties From Diezani, Others
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The Federal Government has initiated the process of valuing the property of numerous politically exposed individuals, including Diezani Alison-Madueke, the beleaguered former Minister of Petroleum Resources.

The Diezani property is located in Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout, in the posh Banana Island Foreshore Estate, Ikoyi, Lagos. It has 18 flats and six penthouses.

Other prominent properties were that of the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, whose homes in Abuja’s high-end Wuse 2 and Maitama neighborhoods were taken.

No. 14 Adzope Crescent, off Kumasi Crescent; 19 Kumasi Crescent, Wuse 2; and 6 Umme Street, Wuse 2 are among the addresses.

125 wedding gowns, 13 small gowns, 41 waist trainers, 73 hard flower, 11 pieces of suit, 11 pieces of invisible bra, 73 pieces of veils, 30 pieces of braziers, two pieces of standing fan, 17 pieces of magic skits, six packets of blankets, one table blanket, and 64 pairs of shoes were among the items recovered.

According to Punch Newspapers, last Monday, the Federal Government began the process of vetting 613 impartial valuers who will oversee the sale of assets that were allegedly obtained illegally and have now been irrevocably forfeited in about 25 locations throughout the country.

The total number of property marked for auction across the country is 1,620, including cars, houses, phones, laptops, vessels and other valuables.

According to Mohammed Etsu, who is also the Federation’s Solicitor-General, the Inter-ministerial Committee on the Disposal of Forfeited Assets would guarantee that the recovered assets are safeguarded in a unified and transparent manner by the necessary agencies.

Etsu pointed out that pieces of jewelry were still the subject of litigation and hence were not included in the process for the time being, reminding successful valuers of the need of being thorough.

Diezani, who served as a minister under previous President Goodluck Jonathan, has been in the UK since 2015 and has refused to return to Nigeria.

The Chairman, Economic and Financial Crimes Commission, Abdulrasheed Bawa, stated before the House of Representatives in May that jewellery worth N14bn was seized from Diezani.

Tags: DiezaniEFCC

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