$40m Jewellery: Appellate Court Rejects Diezani’s Appeal Bid

Abiola Olawale
Writer
$40m Jewellery: Appellate Courts Rejects Diezani’s Appeal Bid

Ad

The Gift of Hindsight: What I Would Tell My Younger Self, By Johnson Babalola

By Johnson Babalola @jbdlaw Hindsight, they say, is life’s most generous teacher—but it sends its lessons late. It is only after the storms that the patterns become clear; only after the wrong turns that the map begins to make sense. As I celebrate another birthday today and have grown older, I often find myself reflecting…

Gasoline Prices Drop Toward Pandemic-Era Lows

The national average price of gasoline dropped below $3 a gallon over the weekend. GasBuddy has predicted that prices will go even lower in the coming weeks, with good prospects of motorists enjoying sub-$3 prices for extended periods. This drop is overwhelmingly being driven by the significant increase in oil production from OPEC throughout 2025.…

Alleged Christian Genocide Claim is Damaging Nigeria’s Image– Tuggar Laments

By Abiola Olawale Minister of Foreign Affairs, Yusuf Tuggar, has voiced concern over what he described as the damaging impact of the "Christian genocide" narrative on Nigeria's international image. This is as the Minister claimed that the country's complex security challenges are being falsely simplified as religious persecution. Speaking at the Reuters NEXT Gulf Summit…

Ad

The Court of Appeal, on Friday threw out an appeal application filed by former Petroleum Minister, Diezani Alison-Madueke, seeking to challenge the forfeiture of her $40 million worth of jewellery seized to the federal government.

The Lagos Division of the appellate court dismissed the appeal suit on the grounds that it lacked substance.

Diezani, in the appeal application filed by her legal counsel, Prof Awa Kalu, said the operatives of the Economic and Financial Crimes Commission (EFCC), violated her right by entering her apartment illegally and taking the items without any court order.

The former minister in the appeal application marked CA/L/1263/19, listed jewellery categorised into 33 sets.
The breakdown: “419 expensive bangles; 315 expensive rings; 304 expensive earrings; 267 expensive necklaces; 189 expensive wristwatches.

“174 expensive necklaces and earrings; 78 expensive bracelets; 77 expensive brooches; and 74 expensive pendants.”

However, the appellate court rejected the application, and upheld the judgment of the Federal High Court sitting in Lagos State, which granted an order forfeiting the jewellery seized from Dezani’s residence, at No. 10 Fredrick Chiluba Close, Asokoro, Abuja.

Ad

X whatsapp