Alleged Money Laundering: Court Freezes Patience Jonathan’s Accounts In Five Banks

0

A Federal High Court in Lagos has frozen multiple accounts in five Nigerian banks allegedly belonging to former first lady, Patience Jonathan over allegations of money laundering.

Justice Mojisola Olatoregun made the order freezing the accounts after listening to an
exparte application filed by the Economic and
Financial Crimes Commission (EFCC),
sometime in November.

The order, according to the Commission, covers Mrs. Jonathan’s accounts in Ecobank Plc, Skye Bank Plc, Stanbic IBTC Bank, Diamond Bank Plc and Fidelity Bank Plc.

The anti-graft agency said that the move to
request the freezing of the accounts became necessary after it received intelligence report, which showed that the accounts ought to be
investigated.

The ex-parte application to freeze the
accounts was supported by an originating
summons sworn to by one Abdulahi Tukur,
an operative of EFCC, and filed before the
court by the EFCC prosecutor, Rotimi
Oyedepo.

link

It requested the court to urgently direct the
managers of the bank accounts to, in the
interim, forfeit the money in the accounts, to
prevent further tampering with same.
After issuing the order, Justice Olatoregun
directed the anti-graft agency to enter into
an undertaking to pay damages to the former
first lady if it turns out that the order should
not have been made.

One of the account, domiciled with Skye
Bank plc, is said to have a balance of
$5,316.66.

Also affected by the order are five companies
namely; Finchley Top Homes Limited, Aribawa
Aruera, Magel Resort Limited, AM-PM Global
Network Limited and Pansy Oil and Gas
Limited.

Also affected is one Esther Oba who is said to
have a balance of $429,381.87 in her
Diamond Bank account while the companies
collectively have a balance totaling
N7,418,829,290.94 (Seven billion four
hundred and eighteen million eight hundred
and twenty nine thousand two hundred and
ninety naira ninety four kobo).

Share.

About Author

Leave A Reply