We seized jewellery worth N14.6bn, houses worth $80m from ex-minister Diezani – EFCC

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The Economic and Financial Crime Commission (EFCC) has seized jewellery worth N14 billion from former Minister Petroleum, Diezani Allison-Madueke.

EFCC , Abdulrasheed Bawa, made this known at the House Representatives ad hoc committee investigating the assessment and status recovered loot Friday Abuja

He also said the Houses seized from the former Minister is also valued at 80million dollars.

The anti-graft said that Diezani’s jewellery are still the custody the agency, adding it had not been auction but had been finally forfeited .

He said that court processes, procedures and administrative exigencies had stalled some of the seized assets be auctioned by the anti -graft agency.

Bawa however said that the agency would henceforth deal with the seized assets case by case at the courts order quickly dispose the assets.

“Already has a committee the chairmanship of the Solicitor-General for the and I think they are working tirelessly.

This, according to him, is to ensure that assets that are not only recovered by the EFCC but the entirety of the recovery agencies assets are disposed off.

“We have EFCC representatives from that committee and we believe at the end of the day are going to appreciate what that committee will come out with in term of the mandate given to them,” he said.

Asked when the committee would wind so the assets could be disposed, Bawa said that he not a member of the committee to know how soon the assets were going to be disposed

Bawa said that in its quest to transform the agency, it would soon digitalise its processes, adding that it had also created and upgraded four additional departments to restore confidence.

He listed the departments to include: Intelligence, procurement, Internal Affairs and the Information Communication Technology Department

He said there no loot that had been re looted as being speculated, stressing that going forward, the EFCC would be different and would be the better for it.

He said that he would always honour the National to account for what the agency had done, adding that public servants come and go but the institution would remain.