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JUST IN: Alison-Madueke loses bid to recover $40m jewellery from FG

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

The Appeal Court held that there was no substance in Diezani’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).

The appellate court gave its judgment in an appeal filed by Diezani marked as Appeal – No CA/L/1263/19 between Diezani Alison-Madueke and the EFCC).

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