BREAKING: Diezani Loses Bid To Recover $40m Jewellery From FG

The Court of Appeal Lagos Division has dismissed an appeal by the embattled former Minister of Petroleum, Mrs Diezani Alison-Madueke, challenging the forfeiture of her $40million worth of jewellery to the Federal Government.

The appellate court on Friday held that there was no substance in Alison-Madueke’s bid to overturn the lower court’s order.

It affirmed the 2019 judgment of Justice Nicholas Oweibo of the Federal High Court which forfeited the jewellery following an application by the Economic and Financial Crimes Commission (EFCC).

Details later …