Court adjourns FG suit seeking final forfeiture of Patience Jonathan’s $5.7m, N2.4bn till May 24

A Lagos Federal High Court, today, further adjourned hearing of a suit by the federal government of Nigeria seeking final forfeiture of the sum of $5.7 million and N2. 421, 953, 522.71 said to be in some accounts belonging to the former first lady, Patience Jonathan till May 24. The court presided over by Justice Cecilia Mojisola Olatoregun, had on April 26, 2017, ordered the temporary forfeiture of the monies, sequel to an ex-parte application by Economic Financial Crimes Commission (EFCC), the order which was affirmed by both Court of Appeal and Supreme…

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$15.5m fraud: Court dismisses Patient Jonathan’s Coys plea

A Federal High Court, Lagos, on Tuesday July 3 dismissed an application by four companies which pleaded guilty to laundering $15.5million allegedly belonging to former First Lady Dame Patience Jonathan. The companies: Pluto Property and Investment company limited, Seagate Property Development and Investment Company limited, Transocean Property and investment company limited and Globus Integrated Service Limited, had prayed the court to reverse their guilty plea and nullify the previous proceedings because those who represented the company were not authorised to do so. The Economic and Financial Crimes Commission (EFCC) arraigned them with…

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