Seized $5.9m: Court Throws Out Patience Jonathan's Plea
Former First Lady, Patience Jonathan may need more than goodluck to reclaim the $5.9m seized from her by the EFCC.
The Court of Appeal, Lagos Division, on Friday upheld the decision of the Federal High Court in Lagos, which ordered the interim forfeiture of $5.9m found in her Skye Bank account.
The appellate court, in a lead judgment by Justice Mojeed Owoade, threw out the ex-President’s wife’s appeal challenging the forfeiture of the funds to the Federal Government.
It held that the appeal lacked merit.
Justice Mojisola Olatoregun of the Federal High Court in Lagos had, in April last year, ordered the temporary forfeiture of the funds after the Economic and Financial Crimes Commission argued that the sum was reasonably suspected to be proceeds of fraud.
Apart from Patience’s personal account with $5.9m, the judge also froze a number of accounts linked with her including an Ecobank account with a balance of N2.4bn opened in the name of La Wari Furniture and Bath Limited.
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