Skip to main content

Court Orders Interim Forfeiture of Patience Jonathan's $5.8m...N2.4bn

Justice Olatoregun of the Federal High Court sitting in Lagos, today, April 26, 2017, granted an ex-parte application brought by the Economic and Financial Crimes Commission, EFCC ordering the interim forfeiture of the sum of $5.8Million belonging to former First Lady, Dame Patience Jonathan.

Rotimi Oyedepo, counsel to the EFCC in his application, asked the court for an order forfeiting the sum of $5, 842, 316. 66 (Five Million Eight Hundred and Forty Two Thousand, Three Hundred and Sixteen United State Dollars, Sixty Six cent) to the Federal Government, domiciled with Skye bank in the name of Dame Patience Jonathan.

Also, the court granted the application seeking for the forfeiture of the sum of N2, 421, 953, 522. 78 (Two Billion, Four Hundred and Twenty One Million, Nine Hundred and Fifty Three Thousand, Five Hundred and Twenty Two Naira, Seventy Eight Kobo) domiciled with Ecobank Plc belonging to La Wari Furniture and Baths Ltd, which sum is reasonably suspected to be proceeds of crime.

In the same application, the EFCC also sought for the court’s order to publish in any national newspaper the interim forfeiture of the funds stated above for the respondents to appear before the court in 14 days and state why the money should not be finally forfeited to the Federal Government.

The matter was adjourned to May 15, 2017.

Comments

Post a Comment

Popular posts from this blog

Kano Hisbah Board destroys 30 trailer loads of beer worth N150 m

                                   The Kano State Hisbah Board has seized and destroyed 30 trailer loads of beer worth N150 million. In a statement released on Tuesday December 25th, the board’s Public Relations Officer, Adamu Yahaya, said that the cartons of beer were destroyed on Monday evening December 24th after interception at Kalebawa on Danbata Road in Dawakin Tofa area. “The Kano State Law No. 4 of 2004 has banned the manufacture and use of intoxicants in the state. Furthermore, an order was given by a magistrates’ court for us  to go ahead with the exercise,” the public relations officer said. The worth of a trailer load of beer is between N5.2 million and N5.5 million. The sale of beer and its consumption has been banned in Kano state.
Post a Comment
Read more

BANDIT GUNRUNNER ARRESTED

  Police in Zaria city arrested Bilyaminu Saidu 33years, a gun runner, bandit & logistics supplier. He was arrested with 4 AK-47 rifles, 344 rounds of live ammunition & one motorcycle. Bilyaminu is an indigene of Shuwaki village in Bakori LGA of Katsina state.
Post a Comment
Read more

Airline pilot was "sucked halfway out" when cockpit windshield broke

                              An airline pilot had a close brush with death when he was "sucked halfway out" of the plane after a cockpit windshield blew out. A Sichuan Airlines flight was forced to make an emergency landing on Monday and it was later reported that the reason for the emergency landing was because the cockpit windshield blew out and almost tossed the pilot out of the plane. But for his seat belt, he would have been sucked out completely. Captain Liu Chuanjian has been hailed as a hero on social media after having to land the Airbus A319 manually. He told the Chengdu Economic Daily his aircraft had just reached a cruising altitude of 32,000ft when a deafening sound tore through the cockpit. There was a sudden loss of pressure and drop in temperature. When he looked over, the right windshield was gone....
Post a Comment
Read more