Economic and Financial Crimes (EFCC) has invited internationally certified auctioneers ahead of the planned auction of $40 million (about N14.4 billion) jewellery, recovered from a former Petroleum Resources Minister, Mrs Diezani Alison-Madueke.
Recall that in September 2019, a Federal High Court in Lagos granted EFCC’s application for final forfeiture of the jewellery reportedly worth $40 million seized from Diezani’s house. However, Mrs Alison-Madueke failed to prove that the properties sought to be forfeited were not acquired with proceeds of unlawful activities according to the trial judge, Nicholas Oweibo.
Ibrahim Magu, the acting chairman, speaking at the ongoing EFCC stakeholders conference on crusade against cybercrime fraudsters, said 242 trailers and tankers recovered from internet scammers will also be auctioned off.
