Nigeria is to contract international auction houses to sell jewellery worth $40 million recovered from fugitive ex-petroleum minister Mrs Diezani Alison-Madueke together with seizures made from internet fraudsters.
The Economic and Financial Crime Commission (EFCC) which recovered the precious metals from the Abuja home of the former minister secured the forfeiture order from the Federal High Court on September 10.
The jewellery includes 419 bangles, 315 rings, 304 earrings, 267 necklaces,189 wristwatches, 174 earrings, 78 bracelets, 77 brooches and 74 pendants; all at the top end of the market.
Auctioneers will also sell the luxury houses in Nigeria, US and in the UK.
“The ex-minister will eventually be repatriated to face the charges,” Ibrahim Magu, the acting chairman of EFCC said at a conference on campaign against cybercrime in Abuja on Thursday.
He added that over 242 trailers and tankers had been recovered from internet fraudsters as well as over 100 luxury cars.
“We want to make sure that there’s transparency in the process. There are about 242 trailers and tankers in Port Harcourt that we are about auctioning. In fact, in the next two weeks, we will auction them. We will advertise, you will see it very clearly,” he added.
You may be interested
NLC warns FG not to cut workers’ salariesWebby - May 5, 2021
The Nigeria Labour Congress (NLC), on Wednesday, warned the federal government to stop its move to cut the salaries of…
Catholic Church suspends Father Mbaka amidst Buhari spar; followers on rampageWebby - May 5, 2021
The Catholic Diocese of Enugu has suspended Ejike Mbaka from church activities for one month, Peoples Gazette can report, as…
House of representative seeks postponement of 2021 censusWebby - May 5, 2021
The House of Representatives has asked the Federal Government to immediately halt plans of conducting a national census in view of the…