FG Puts Diezani’s Property For Sale

FG Puts Diezani’s Property For Sale

FG Puts Diezani’s Property For Sale


The Federal Government has commenced process for the val­uation and sale of property be­longing to the former Minister of Petroleum Resources, Dieza­ni Alison-Madueke, which were forfeited to the government.


Diezani, a minister under former President Goodluck Jon­athan, has reportedly acquired the Dominican Republic’s citi­zenship and a diplomatic pass­port. She has been in the United Kingdom since 2015.


It would be recalled that the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, had told the House of Repre­sentatives in May that jewellery worth N14bn was seized from Diezani.


The former oil minister’s recovered items which were listed are 125 pieces of wedding gowns, 13 pieces of small gowns, 41 pieces of waist trainers, 73 pieces of 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.


Also, her property located in the posh Banana Island Fore­shore Estate, Ikoyi, Lagos, in­clude 18 flats and six penthouses located at Building 3, Block B, Bella Vista, Plot 1, Zone N, Fed­eral Government Layout.


Meanwhile, other notable properties listed include those belonging to the late Chief of Defence Staff, Air Chief Mar­shal Alex Badeh, whose hous­es in the Wuse 2 and Maitama high-brow neighbourhoods of Abuja were confiscated by the Federal Government.


Among them are No. 14 Adzope Crescent, off Kumasi Crescent; 19 Kumasi Crescent, Wuse 2; and 6 Umme Street, Wuse 2


Last week, the Federal Gov­ernment started the process of screening 613 independent valu­ers expected to manage the sale of the assets alleged to have been illegally acquired, which have now been permanently for­feited to it in about 25 locations across the country.

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


The Chairman, Inter-minis­terial Committee on the Dispos­al of Forfeited Assets, Moham­med Etsu, had last week, told newsmen that 229 proposals were received for the valuation of plants, machinery, motor vehicles, furniture and equip­ment, while 75 companies sub­mitted bids for the valuation of water vessels for disposal, and 25 companies presented bids for the valuation of jewellery, ornaments and clothing materials for disposal. ­


Etsu, who is also the Solici­tor-General of the Federation, stated that the committee would ensure a harmonised and trans­parent process to safeguard the recovered assets by the relevant agencies.


He said the sub-committee on valuation and due process had earlier conducted the technical evaluation of the bids received from interested valuers, adding that only clothing materials were available for valuation at the moment.

The solicitor-general pointed out that pieces of jewellery were still subjects of litigation and therefore were not part of the process for now, reminding the successful valuers of the need to be thorough.