GRAFT: FG Sells Diezani’s Jewellery, Buildings, and Other Forfeited Assets

Written by on October 28, 2021

The Federal Government has initiated the process of valuing the properties of numerous politically exposed individuals, including Diezani Alison-Madueke, the beleaguered former Minister of Petroleum Resources.

According to Punch, the former Petroleum Minister’s home is located in Banana Island Foreshore Estate, Ikoyi, Lagos, and consists of 18 apartments and six penthouses in Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout.

Other noteworthy properties named include those of the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, whose homes in Abuja’s Wuse 2 and Maitama high-end neighborhoods were taken. Nos. 14 Adzope Crescent, off Kumasi Crescent; 19 Kumasi Crescent, Wuse 2; and 6 Umme Street, Wuse 2 are among them.

Other items recovered include 125 wedding gowns, 13 small gowns, 41 waist trainers, 73 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.

The Federal Government began vetting 613 independent valuers this week in anticipation of managing the sale of assets claimed to have been unlawfully obtained and now permanently forfeited to it at around 25 sites across the country.

There are 1,620 properties up for sale around the country, including vehicles, residences, phones, laptops, watercraft, and other valuables.

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


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