Court orders final forfeiture of Diezani’s $40m jewellery

A Federal High Court in Lagos has 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 his ruling on Tuesday, Nicholas Oweibo, the presiding judge, held that the former minister failed to show cause why the jewellery should not be permanently forfeited to the government. On July 5, the court ordered the forfeiture of the assets following an ex parte application filed by Rotimi Oyedepo, counsel of the Economic and Financial Crimes…

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Court orders final forfeiture of Diezani’s $40m jewellery

A Federal High Court in Lagos has 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 his ruling on Tuesday, Nicholas Oweibo, the presiding judge, held that the former minister failed to show cause why the jewellery should not be permanently forfeited to the government. On July 5, the court ordered the forfeiture of the assets following an ex parte application filed by Rotimi Oyedepo, counsel of the Economic and Financial Crimes…

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Court orders final forfeiture of Diezani’s $40m jewellery

A Federal High Court in Lagos has 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 his ruling on Tuesday, Nicholas Oweibo, the presiding judge, held that the former minister failed to show cause why the jewellery should not be permanently forfeited to the government. On July 5, the court ordered the forfeiture of the assets following an ex parte application filed by Rotimi Oyedepo, counsel of the Economic and Financial Crimes…

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