The Economic and Financial Crimes Commission (EFCC) has recovered jewellery worth over N593 million from former Minister of Petroleum, Diezani Alison-Madueke and the wife of her associate, Jide Omokore.
According to an online source (not greennews.ng), EFCC also recovered a watch worth £600, 000 from Alison-Madueke and one worth £1.4m from Omokore’s wife.
The source revealed further that officials involved in the arms deal fraud stole $15 billion not $2.1billion from Nigeria’s coffers.
“We have discovered that the total money in the arms scandal is over $15bn, not $1.2bn that was initially discovered. The $2.1bn was just for one transaction. Many of these military officers set up companies for the purpose of diverting money meant for the prosecution of the anti-insurgency war, the source said.
The former minister was arrested in London in October 2015 over allegations of money laundering.