The Economic and Financial Crime Commission (EFCC) has seized jewellery worth N14 billion and houses worth over $80 million from former Minister of Petroleum, Diezani Allison-Madueke.
The Commission’s Chairman, Abdulrasheed Bawa made this known today, May 28 and at the House of Representatives ad hoc committee investigative session on the assessment and status of recovered loot.
The anti graft chairman said that Diezani’s jewellery were still in the custody of the agency, and that it had not been auctioned but had been finally forfeited to the Federal Government.
He said that court processes, procedures and administrative exigencies had stalled some of the seized assets from being auctioned by the anti graft agency.
Bawa however said that the agency would henceforth deal with the seized assets case by case at the courts in order to quickly dispose the assets.
“Already the Federal Government has set up a committee under the chairmanship of the Solicitor-General for the Federation and I think they are working tirelessly.”
This according to him, is to ensure that assets that were not only recovered by the EFCC but also the entirety of the recovery agencies assets were disposed off.
“We have EFCC representatives from that committee and we believe at the end of the day Nigerians are going to appreciate what that committee will come out with in term of the mandate given to them.”
Asked when the committee would wind up so the assets could be disposed, Bawa said that he was not a member of the committee to know how soon the assets were going to be disposed.
Bawa said that in its quest to transform the agency, it would soon digitalise its processes, adding that it had also created and upgraded four additional departments to restore confidence.
He listed the departments to include: Intelligence, procurement, Internal Affairs and the Information Communication Technology Department.
He said that there was no loot that had been re-looted as being speculated, stressing that going forward, the EFCC would be different and Nigerians would be the better for it.
He said that he would always honour the National Assembly to account for what the agency had done, adding that “public servants come and go but the institution would remain.”