Money Laundering: Supreme Court Upholds FG’s Seizure Of Patience Jonathan’s 8.4 Million Dollars - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 4
March 8, 2019
The Supreme Court has upheld the order of temporaryforfeiture made by a Federal High Court in Lagos in respect of the 8.4million dollarstraced by the Economic and Financial Crimes Commission to former First Lady,Patience Jonathan.
In a judgment on Friday, a five-man panel of thecourt unanimously held that the appeal filed by Mrs. Jonathan, challenging theinterim forfeiture, was without merit.
The court ordered Mrs. Jonathan to go before theFederal High Court to justify her ownership of the money to prevent itspermanent forfeiture to the Federal Government.
Efcc had told the court during the last hearing,thatit got an intel that a bank account domiciled in the said commercial bank had ahuge sum of money that was not being used by anybody.
Upon receipt of the intelligence, the EFCC swunginto action by conducting preliminary investigation, which revealed thatPatience and some relatives of her husband were directors of the Company.