The Economic and Financial Crimes Commission (EFCC) has revealed that the pieces of jewellery seized from a former Minister of Petroleum Resources, Diezani Alison-Madueke, have been valued at about N14.460 billion.
Chairman of the anti-graft agency, AbdulRasheed Bawa, informed the House of Representatives on Friday.
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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.
The EFCC boss also told the lawmakers that the houses finally forfeited by the Ex-minister have been valued at about $80m.