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Patience Jonathan forfeits N1bn to Nigerian government

A Federal High Court sitting in Kano has ordered the interim forfeiture of N1billion linked to the former First Lady, Patience Jonathan.

The interim forfeiture followed a court order secured by the Economic and Financial Crimes Commission (EFCC).

The money was lodged in three transactions with Fidelity Bank Plc on May 20 and 25, 2015.

The court, presided over by Justice A. Lewis-Allagoa, issued the forfeiture order in response to a motion ex parte filed by the anti-graft commission.

The money was found in the account of Magel Resort Limited, a company linked to the former First Lady Patience Jonathan, following information received by EFCC that a bank account domiciled in Fidelity Bank, had a huge sum of money that was not accounted for.

The court further ordered that the forfeited sum be deposited in the Treasury Single Account of the Nigerian government.

 

 

– Daily Trust

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About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298, 08056381068.

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