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Patience Jonathan to Forfeit Billions of Naira to FG

Justice Mojisola Olatoregun of the Federal High Court, Lagos has ordered the final forfeiture of the sums of $8,435,788.84 (Eight Million Four Hundred and Thirty Five Thousand Seven Hundred and Eighty Eight Dollars Eighty Four Cents) and N9.1billion (Nine Billion One Hundred and Eighty Five Million Three Hundred and twenty Four Thousand Three Hundred and twenty Five Naira Fifty Three Kobo) only traced to the wife of former President, Goodluck Jonathan, Patience.

The court had on April 19, 2018, made an order of interim forfeiture of the various sums of money, following an ex-parte application filed by the Economic and Financial Crimes Commission, EFCC, against Jonathan and some companies.

The funds were warehoused in some banks, including Skye Bank Plc (now Polaris Bank Plc), Diamond Bank Plc, Stabic-IBTC and First Bank Plc.

In granting the interim forfeiture order, Justice Olatoregun had ordered the EFCC to publish the order in a national newspaper for the respondent or anyone interested in the money to show cause, within 14 days, why it should not be permanently forfeited to the Federal Government of Nigeria.

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