Unfreeze Patience Jonathan’s Accounts, Senate Orders Banks
Former First Lady, Mrs Patience Jonathan, is a happy woman.
The Senate has put joy in her heart, as an order has come from the upper chamber to banks to unfreeze her accounts.
It is a sought of reprieve that she received on Wednesday from the Senate Committee investigating the petitions against the freezing of her accounts.
The Senate Committee on Ethics, Privileges and Public Petitions gave the directive, explaining why it took the decision.
Managements of 4 different banks had earlier been asked to freeze the accounts to avoid interference with any legal process.
The Committee headed by Senator Sam Anyanwu, observed that some of the accounts were frozen based on some administrative lapses.
According to the Committee, one of the accounts which is with the Stanbic IBTC Bank, had not breached any known law or due process.
The Committee also directed that the account with Zenith Bank must be re-opened because the court order which directed that it should be frozen had been vacated.
Members of the committee were particularly displeased with what they called arbitrary manner in which the Economic and Financial Crimes Commission (EFCC) used the banks to close the accounts without complying with due process of law.
After listening to the committee, bank executives present informed the lawmakers that the court order vacating the earlier ones relied upon by the EFCC to close the accounts were not made available to them.
Consequently, they promised to re-open those accounts having been informed of the vacation order.
The committee expressed shock that the banks could rely on ordinary letter by the EFCC anticipating a favourable ruling to free Customers’ accounts.