Reports gathered reveals that the Economic and Financial Crimes Commission has seized a £600,000 wristwatch from former Minister of Petroleum resources, Mrs. Diezani Alison-Madueke and also a £1.4m wristwatch from the wife of the chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Mr. Jide Omokore.
It was learnt that the commission had seized expensive jewellery and wristwatches during various raids on houses of some suspects on Banana Island, Ikoyi, Lagos, and other places.
According to a source at the commission, items seized from the suspects would be displayed to journalists in Nigeria while the summit of 60 world leaders, including President Muhammadu Buhari, would take place on May 11 and 12 in the United Kingdom.
He stated that a wristwatch of about £600,000 was seized from Mrs. Diezani during a raid on her residence.
The firm of Omokore, who was quizzed in January by the commission, was one of the companies that allegedly received multi-billion dollars worth of public assets without due process from the Jonathan administration.
The company, which was established in 2010, had reportedly not explored any oil when it was curiously awarded controlling stakes in two lucrative oil blocks, OML 30 and 34, for just over $50m each.
The deal, which was signed by Jonathan’s Minister of Petroleum Resources, Diezani Alison-Madueke, gave Atlantic Energy Limited a controlling 55 per cent stake
The former minister had been interrogated by the Metropolitan Police on issues relating to money laundering.
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