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FG lists Diezani’s buildings, jewellery, bras for sale

The Federal Government has commenced valuing the property of many politically exposed individuals, including Diezani Alison-Madueke, the beleaguered former Minister of Petroleum.

Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout houses the Diezani property, which includes 18 flats and six penthouses in the upscale Banana Island Foreshore Estate in Ikoyi, Lagos.

In addition to the Air Chief Marshal Alex Badeh residences in Abuja’s affluent Wuse 2 and Maitama neighborhoods seized, other noteworthy properties included those of the late Chief of Defence Staff.

They include No. 14 Adzope Crescent, off Kumasi Crescent; 19 Kumasi Crescent, Wuse 2; and 6 Umme Street, Wuse 2.

Another 125 wedding gowns, 13 small gowns, 41 waist trainers, 73 hard flower pieces, 11 suits, and bras were found, along with 30 braziers and two standing fans. There were also 73 veils and 17 magic skits found, six packets of blankets, one table blanket, and 64 pairs of shoes.

Recently, the Federal Government began screening 613 independent valuers expected to handle the sale of assets alleged to have been illegally acquired and now permanently forfeited to it in approximately 25 locations across the country. The screening process began last week.

Over 1,620 pieces of property have been put up for auction across the country. This includes everything from cars and houses to phones and laptops.

Lagos has the most auctioned property, with 31 houses and 589 vehicles up for grabs.

Two hundred eighty-four firms submitted bids to valuation landed property, which included residential, commercial, institutional, and undeveloped land designated for disposal, within the deadline.

Inter-ministerial Committee on Forfeited Assets Chairman Mohammed Etsu told journalists last week that 229 proposals had been received to valuation plants, machinery, motor vehicles, furniture, and equipment. In contrast, 75 companies had submitted bids for the valuation of water vessels for disposal, and 25 companies had presented bids for the valuation of jewelry, ornaments, and clothing materials to be disposed of.

As the Federation’s Solicitor-General, Etsu stated that the committee would oversee a coordinated and transparent approach to secure the recovered assets.

He added that only clothing materials were currently available for valuation, saying that the sub-committee on valuation and due process had previously undertaken the technical review of the bids received from interested valuers.

Jewelry items were still in litigation, so they weren’t included in the evaluation process just yet. This served as a good reminder for those who were successful in their assessments.

Nigerian ex-Minister Diezani has refused to return to her own country since she left under former President Goodluck Jonathan in 2015.

The Chairman, Economic and Financial Crimes Commission, Abdulrasheed Bawa, stated before the House of Representatives in May that jewelry worth N14bn was seized from Diezani.

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Written by Babatunde Okerayi

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