Patience Jonathan Awaits Her Fate Over Alleged N12.2bn Fraud

Justice Mojisola Olatoregun, belonging to the Federal High Court sitting in Ikoyi, Lagos state has slated February 11, 2019 to deliver judgment in an application for final forfeiture filed by the Economic and Financial Crimes Commission, (EFCC) of the total amount of $8,435,788.84 (over N3 billion) and N9.2 billion (totalling to N12.2 billion), linked to Patience Jonathan, wife of Ex-president, Goodluck Jonathan.

The money linked with the former President’s wife is known to be proceeds of illegal activities by Patience Jonathan.

The Federal High Court previously, on April 19, 2018, ordered an interim forfeiture of the money, after an ex-parte application filed by the EFCC against Patience and some companies.

The companies listed in the suit marked FHC/L/CS/620/18 are Globus Integrated Service Limited, Finchley Top Homes Limited, AM-PM Global Network Limited, Pagmat Oil and Gas Limited as well as Magel Resort Limited.

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The money was known to be kept in few banks, which included Skye Bank Plc (now Polaris Bank Plc), Diamond Bank Plc, Stanbic-IBTC and also First Bank Plc.

During the last adjourned sitting on Tuesday, January 15, 2019, 5 video clips of companies in the possession of Patience Jonathan were shown to the court.

During the aftermath of the video, counsel to the applicant identified as Rotimi Oyedepo, told the court that he was not served the video of the Women for Change Initiative and two others by the defence, a claim that was confirmed by the court.

During Tuesday’s proceedings, the counsel to the applicant was served some applications pertaining to the video evidence played in the court.

At the resumed sitting on Wednesday, January 16, 2019, counsel to the first respondent, Mike Ozekhome, SAN, informed the court about the response of the counsel to the applicant and urged the court to expunge paragraphs nine to 12 of his response.

Patience Jonathan further awaits her fate on the alleged fraud she engaged in.

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