Alleged Fraud: EFCC Discloses How It Recovered Jewellery Worth N14.4 Billion From Diezani
- The House of Representatives ad hoc committee investigating the status of recovered loot in the country has commenced sitting
- The chairman of the EFCC, Abdulrasheed Bawa, has given an account about loot recovered by the commission
- Bawa explained why the anti-graft agency has not sold jewellery recovered from a former minister, Diezani Alison-Madueke
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The Economic and Financial Crimes Commission (EFCC) has disclosed that jewellery worth N14.4 billion was forfeited by, Diezani Alison-Madueke a former minister of petroleum resources.
Source: Twitter
The chairman of the commission, Abdulrasheed Bawa, made the disclosure on Friday, May 28, when he appeared before a committee of the House of Representatives probing the status of recovered loot, Channels TV reported
Bawa told the lawmakers that the estimated value of the houses seized and forfeited from Diezani is $80 million.
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Premium Times reported that the EFCC boss stated that the commission is yet to auction assets and property recovered from former Minister due to administrative exigencies.
Meanwhile, the director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, has asked the EFCC to investigate an allegation of N1.5trillion fraud levelled against him by one Jackson Ude.
Ude, a Nigerian journalist based in the US, had on Saturday, May 22 tweeted that N1.5trillion was traced to Jamoh in a new generation bank.
However, on Tuesday, May 25, Jamoh sent a letter to the chairman of the EFCC, Abdulrasheed Bawa, urging the anti-graft agency to probe the allegations against him.
In another news, the chairman of the EFCC, Abdulrasheed Bawa, has revealed that the anti-graft agency had recovered over N1bn cash in one bank account of a civil servant.
The Punch exclusively reported that Bawa, who made this known on Thursday, May 20, while appearing before the Senate panel, added that there were lots of leakages that needed to be blocked.
Legit.ng gathered that he said it might go after any head of federal agencies indicted by the report of the Senate committee on finance after the conclusion of its current probe of the finances of Ministries, Department and Agencies (MDAs).
Source: Legit.ng
