A Federal High Court in Lagos on Monday ordered the final forfeiture of the 8.4 million dollars and N7.4 billion found in accounts linked to a former first Lady, Patience Jonathan.
The Economic and Financial Crimes Commission, EFCC had sought a final forfeiture of the sums found in various accounts linked to the former first lady.
EFCC had secured an interim order for forfeiture of the sums on April 20, 2018, before Justice Mojisola Olatoregun, following a motion exparte.
EFCC counsel, Rotimi Oyedepo, had on October 29, 2018, moved his motion for final forfeiture of the sums to the Federal Government.
Meanwhile, defence counsels, Messrs Ifedayo Adedipe, SAN, Mike Ozekhome, SAN, and Ige Asemudara had respectively moved processes in opposition to the motion for final forfeiture.
The court on January 15 admitted electronic evidences presented by respondent counsels, which depicted videos showing various business outfits of Finchley Top Homes Ltd. and Magel Resort Ltd.
The court then reserved judgment for July 1.
