The Economic and Financial Crimes Commission had reportedly seized expensive jewellery and wristwatches from ex-petroleum minister, Diezani Alison-Madueke and her ally, Jide omokore.

The seizure was said to have been made during various raids on houses of some suspects on Banana Island, Ikoyi, Lagos, and other places.

According to a source, the items seized from the suspects would be displayed to journalists in Nigeria.

The EFCC source added that a wristwatch worth 1.4m pounds was seized from the wife of the Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Mr. Jide Omokore.

He stated that a wristwatch of about £600,000 was seized from a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, 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.

The EFCC source said the commission had started analysing information on Nigerians, including the President of the Senate, Dr. Bukola Saraki, and others mentioned in the Panama Paper leaks.

It was gathered that the commission had seized one hospital equipment known as MRI, Medical Resonance Image, from Amosu. The equipment is worth N2.6bn.

The EFCC had previously recovered over N2.3bn cash from Amosu, while properties worth over N1bn had been seized from him.

Meanwhile, it was learnt that the EFCC  had begun moves to extradite those who had fled the country.

The EFCC source added that the commission was working with the United States’ Federal Bureau of Investigation and the UK’s National Crimes Commission to bring back those who were being investigated, including a former Minister of State for Defence, Mr. Musiliu Obanikoro, and an ex-National Chairman of the Peoples Democratic Party, Alhaji Adamu Mu’azu.

“We are working with FBI and NCA and they are eager to assist us. I can assure you that those people will be brought back to Nigeria for interrogation,” the source said.