Reps query EFCC for delay in disposing recovered assets

he House of Representatives on Friday queried the Economic and Financial Crimes Commission (EFCC) over the delay in disposing assets seized from former Petroleum Minister, Diezani Alison-Madueke, among others.

This was as the chairman of the EFCC, Abdulrasheed Bawa, appeared before the House Ad-hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, headed by Adejoro Adeogun.
Read Also; Reps query ‘missing’ 5.5 million Euro recovered fund

Adeogun said it was not ideal to continue keeping such recoveries as they were losing value over time.

Bawa at the meeting valued the worth of jewellery seized former Minister of Petroleum Resources, Diezani Alison-Madueke, at over N14 billion.

Bawa also put the worth of property seized from her at $80 million was also seized

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