Patience Jonathan Stopped From Withdrawing Money
Former First Lady, Patience Jonathan hurriedly went to the bank to get some cash after the court unfroze her account with Skye Bank but met a brick wall.
The Economic and Financial Crimes Commission had barred her from withdrawing money from a 5.9 million dollar account.The EFCC was able to obtain a ‘stay of execution’, a court order obtained for the purpose of suspending the execution of a court judgment.
The source said, “Shortly after the judge ordered that the account be unfrozen, the EFCC quickly obtained a stay of execution in order to prevent her from having access to the money.
“The EFCC communicated with the relevant authorities at Skye Bank that it was important that she wasn’t allowed to withdraw the money or else, the whole purpose of the freezing would have been defeated.”
In a ruling on Thursday, Justice Mojisola Olatoregun set aside the ‘No-Debit Order’, which the EFCC had earlier placed on the account on allegations that the $5.9m found in it was proceeds of crime.
The judge upheld the contention of Patience’s lawyer, Mr. Ifedayo Adedipe (SAN), that his client’s account was unlawfully frozen by the EFCC.
Adedipe had urged the court to unfreeze Patience account on the grounds that she was not a party to the suit leading to the freezing order.
Citing judicial authorities, Adedipe contended that the suit was an abuse of court processes.
Following the favourable court order, Mrs. Jonathan’s lawyer went before Justice Mohammed Idris of a Federal High Court in Ikoyi, Lagos, praying the judge to order the EFCC to release to Patience the sum of $15.591 million, which was seized from four companies by the anti-graft agency.
Justice Idris adjourned to May 8, 2017 to decide whether or not to grant the prayer.
Sources within the EFCC, however, said that the EFCC would do everything possible within the law to ensure that the money was never returned to Patience.
The fresh move by the EFCC is coming about three days after President Muhammadu Buhari instructed anti-graft agencies to stop losing court cases and do more diligent investigations.