EFCC recovers £600,000 wristwatch from Diezani

The Economic and Financial Crimes Commission (EFCC) has recovered a £600,000 wristwatch from former Minister of Petroleum, Diezani Alison-Madueke.

A £1.4m wristwatch was also seized from the wife of the Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Jide Omokore.

According to Punch Newspapers, who spoke to a source privy to the situation, the expensive jewelries were seized by the anti-graft agency when it raided the houses belonging to the duo.

Omokore is believed to have unfairly benefited from the administration of former President Goodluck Jonathan after he was allegedly awarded a multi-billion dollar worth of public properties without due process.

His oil firm was awarded a controlling stake in two profitable oil blocks, OML 30 and 34, for about $50 million each despite the company’s lack of experience in the area of oil exploration.

The deal is said to have been signed by the then minister of Petroleum Resources, Alison-Madueke, thus giving Omokore’s firm a 55 percent controlling stake in the oil blocks.

The EFCC had in January this year invited Omokore and his company for questioning over the deal.

Alison-Madueke, who is said to be a cancer patient and receiving treatment in the UK, has been severally interrogated by the Metropolitan Police on issues relating to money laundering.

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