Just In: Court Orders Permanent Forfeiture Of Patience Jonathan’s $8.4million, N9.2billion

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    A Federal High Court Sitting in Lagos has ordered the permanent forfeiture to the Federal Government, the sum of $8.4million and another N9.2billion linked to the wife of the former President, Dame Patience Jonathan.
    Justice Mojisola Olaterogun held that she failed to show reasonable cause why the funds should not be permanently forfeited.
    The court found that the funds as claimed by the Economic and Financial Crimes Commission (EFCC) was reasonably suspected to be proceeds of crime pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act, 2006.
    Olaterogun, disagreed with the arguments of lawyers to the former First Lady Patience, Chief Ifedayo Adedipe (SAN) and Chief Mike Ozekhome (SAN), that the funds were legitimately her own, saying the court held that the EFCC proved its claim beyond reasonable doubts.

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