Connect with us

Breaking News

Federal High Court in Lagos Orders EFCC to Unfreeze Dame Patience Jonathan’s Account

Published

on

A federal high court sitting in Lagos has ordered the Economic and Financial Crimes Commission (EFCC) to unfreeze the account of Patience Jonathan, former first lady.

The commission had described the money in the account as a proceed of crime.

But Jonathan filed a civil suit to challenge the action of the agency.

One of the accounts which bears the former First Lady’s name contains the $5,316.66. The court had said it should be frozen on the ground that the money is suspected to be proceeds of crime.

Also affected by the said order are the accounts of five companies which are having N7,418,829,290.94(seven billion four hundred and eighteen million eight hundred and twenty nine thousand two hundred and ninety Naira ninety four kobo).

Five companies Finchley Top Homes Limited, Aribawa Aruera,Magel resort Limited, AM -PM Global network Limited Pansy Oil and Gas Limited and Esther Oba are also affected Finchley Top Homes Limited opened account domiciled with another bank with a current balance of N226,376,700.23 and a fixed deposit with balance of N1,099,511,484.88.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *