A Federal High Court sitting in Lagos Monday ordered the permanent forfeiture of the sums of N9.2 billion and $8.4 million recovered from first lady Patience Jonathan to the Federal Government.
The judgment delivered by Justice Mojisola Olatoregun followed a lawsuit filed by the Economic and Financial Crimes Commission.
JUST IN Justice Olatoregun of a Fed High Court, Lagos has ordered the final forfeiture of billions of naira and millions of dollars traced to a former First Lady, Mrs. Patience Jonathan and her cronies, to the Federal Government. #Thread
The anti-graft agency alleged that the funds were proceeds of crime.
Patience, through her lawyers, Chief Ifedayo Adedipe (SAN) and Chief Mike Ozekhome (SAN), opposed the application and insisted that the funds were legitimately earned.
However, Justice Olatoregun held that the EFCC proved its claim beyond reasonable doubts, hence the forfeiture order.
Details of forfeited funds:
$3,645,013.73
$4,361,393.24
N1,800,494,000.00
N226,376,700.23
N1,085,576,947.99
N39,418,712.12
N7,213,303.50
N55,930,024.50
N174,166,207.06
N858,923,982.55
N1,809,666,494.68
N1,000,494,000.00
N317,397,458.26
N1,809,666,494.68
$429,381.87— EFCC Nigeria (@officialEFCC) July 1, 2019
You may be interested
Akwuegbu Returns To Plateau United As Consultant, Aims For Major Improvements
Webby - October 8, 2024Former Super Eagles forward, Benedict Akwuegbu, has made a bold return to Nigeria’s top-flight league, NPFL, after being appointed as…
Bonucci: Ronaldo, Sarri Arrived Juventus At The Wrong Time
Webby - October 8, 2024Juventus great Leonardo Bonucci has admitted that Cristiano Ronaldo and Maurizio Sarri weren’t the right fit at the club.The five-time…
Madueke: Nottingham Forest Proved So Stubborn To Beat
Webby - October 6, 2024Chelsea winger Noni Madueke has described Nottingham Forest as a stubborn side after Sunday’s 1-1 draw in the Premier League.Recall…