Patience Jonathan loses at Appeal Court

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The Lagos Division of the Court of Appeal on Friday upheld an order of interim forfeiture to the federal government of $5.8 million ($ 5,842,316) and N2.4 billion (N2,421,953,522) traced to the accounts of the wife of former President Goodluck Jonathan, Patience.

Mojeed Owoade, who gave the lead judgement, resolved the matter against Mrs. Jonathan saying her application lacked merit. A judge of the Lagos Division of the Federal High Court had on April 26 last year granted an
order of interim forfeiture of the $5.8 million traced to Mrs. Jonathan’s account number 211001712 domiciled with Skye Bank Plc on the grounds that the money was reasonably suspected to be proceeds of unlawful activities.

The judge had also granted an order of interim forfeiture of N2.4 billion the Economic and Financial Crimes Commission said was surreptitiously kept by the former first lady in an account number 202200760 domiciled with Eco Bank Plc in the name of La Wari Furniture and Baths Limited.

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