Court to rule on final forfeiture of Diezani’s jewellery on Sept 10¬†

Justice Nicholas Oweibo of the Federal High Court, Lagos, today, fixed September 10, for ruling on the final forfeiture of $40¬†million USD jewellery and other items belonging to Mrs. Diezani Alison-Madueke, a former Nigeria petroleum Minister. Justice Oweibo fixed the date after after hearing applications filed be the Economic and Financial Crimes Commission (EFCC) and application challenging the court’s jurisdiction by Diezani’s lawyer. It would be recalled that Justice Oweibo had in July, ordered temporary forfeiture of the ornaments, following an exparte application brought before the court by the EFCC.…

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EFCC urges Court to dismiss Aiteo, others’ $300m fraud fundamental rights suit

The Economic and Financial Crimes Commission (EFCC) has urged the Federal High Court, Lagos, to dismiss a fundamental rights suit filed against it by Aiteo Energy Resources Limited and its directors. The anti-graft agency is accusing Aiteo Energy Resources Limited and its directors of stealing $300million in connivance with former Petroleum Minister, Mrs.Diezani Alison-Madueke. The suit which was heard today, and adjourned till September 27, for judgment. Aiteo Energy Resources Limited, an oil and gas operator had dragged EFCC, one of its investigators, Iliyasu Kwabi and the Attorney-General of the…

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