Breaking: Patience Jonathan loses at Supreme Court, forfeits N2.4bn

Breaking: Patience Jonathan loses at Supreme Court, forfeits N2.4bn

Nigeria’s Supreme Court on Friday, March 15, affirmed the interim forfeiture of N2.4 billion allegedly traced to Patience Jonathan, the wife of Goodlcuk Jonathan, former president of the country.

The interim forfeiture order was earlier granted by a Federal High Court sitting in Lagos.

This is the second time Patience Jonathan would forfeit huge sums in just days following the ruling of the Supreme Court.

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The apex court earlier affirmed an interim forfeiture of $8.4 million traced to the former first lady.

The court had also directed Patience Jonathan to return to the Federal High Court in Lagos to show reason why the money should not be permanently forfeited to the federal government.

Daily Independent reports that the latest ruling was granted by a five-man panel of judges on the N2,421,953,522 in the bank account of Lawari Furniture & Bath Limited, a firm which the Economic and Financial Crimes Commission (EFCC) had linked to Jonathan.

Through its lawyer, Chief Mike Ozekhome (SAN), the company had filed the case to challenge the judgment of the Lagos division of the Court of Appeal of January 12, 2018 which affirmed the interim forfeiture order of the Federal High Court in Abuja in respect of the sum. earlier reported how a Federal High Court sitting in Kano recently ordered an interim forfeiture of the sum of N1.04 billion allegedly hidden the bank account of a company said to be linked to Patience Jonathan.

The interim forfeiture followed a suit filed by the EFCC. The anti-graft commission in a statement on Thursday, January 31, said the forfeiture order was granted by Justice Lewis Allagoa against Magel Resort LTD.

The EFCC stated that it secured the forfeiture order from the court in Kano after it received an intelligence alleging that a bank account domiciled was said to have stored huge sum of money that is not being used by anybody.

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“Upon receipt of the intelligence, the commission swung into action by conducting preliminary investigation which revealed that the former first lady and some relatives of the former President, Goodluck Ebele Jonathan are directors of the company,” the anti-graft commission said.

Others reportedly named as directors of the company are Oba Oba Tamunotonye, Goodluck Jonathan Aruera, Goodluck Jonathan Ariwabai and Esther Fynface. ( -> We have upgraded to serve you better.

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Source: Legit

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