Wednesday, July 05, 2017

July 12 for hearing on Patience Jonathan’s appeal

The Court of Appeal, Lagos Division, yesterday, adjourned the hearing of an appeal filed by the wife of former President Goodluck Jonathan, Patience, seeking to stop the forfeiture of her $5.7 million and N2,421,953,522.78 to the Federal Government till July 12.
The appeal was sequel to an order obtained by the Economic and Financial Crimes Commission, EFCC, on April 26, from the Federal High Court in Lagos, temporarily forfeiting the money to the government. 

EFCC had told Justice Mojisola Olatoregun, who made the order, that the funds were suspected to be proceeds of unlawful activities.
It said the $5.7 million was part of the $6,791,599.64 (about N2.1 billion) which Mrs Jonathan allegedly directed her aides to pay into her account between February 8, 2013 and January 30, 2015, while her husband was President. 
The anti-graft agency said Mrs. Jonathan had earlier spent $949, 282.98 (about N296,141,911) from the money. 
It said she also withdrew another $100,000 from the account in April, leaving a balance of $5,731,173.55. 
Justice Olatoregun also ordered the temporary forfeiture of N2,421,953,522.78 found in a bank account belonging to La Wari Furniture and Baths Limited. 

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