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Reading: Supreme Court Upholds Another Forfeiture Of N2.4 Billion Belonging To Patience Jonathan
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News

Supreme Court Upholds Another Forfeiture Of N2.4 Billion Belonging To Patience Jonathan

Tobias Sylvester
By Tobias Sylvester
Published: March 16, 2019
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Supreme Court Upholds Another Forfeiture Of N2.4 Billion Belonging To Patience Jonathan 1

The Supreme Court has dismissed an application filed by former First Lady, Mrs. Patience Jonathan, seeking to upturn the interim forfeiture order by the Federal High Court, Lagos, placed on the sum of N2.4 billion linked to her.

The Economic and Financial Crimes Commission (EFCC) had traced the said sum to her and alleged that it proceeded of illegal activities.

The N2.4 billion, according to the Commission, was surreptitiously kept in the bank account of La Wari Furniture and Baths Limited, domiciled with Ecobank Plc.

Justice Mojisola Olaterogun had in 2017 ordered the interim forfeiture of the money and held that anyone interested in it should appear before the court to show cause why it should not be finally forfeited to the Federal Government.

Dissatisfied with the ruling, Mrs. Jonathan approached the Court of Appeal, Lagos Division, seeking to upturn the ruling of the lower court.

However, the appellate court, in its ruling on January 12, last year, in a lead judgment read by Justice Mojeed Owoade, rather upheld the interim forfeiture order.

Still not satisfied with the ruling of the appellate court, the former First Lady, through her Counsel, Chief Mike Ozekhome (SAN), again filed an appeal challenging the ruling before the Supreme Court.

But the five-man panel of the apex court, in a unanimous ruling, delivered yesterday, upheld the interim forfeiture order of the N2.4 billion.

Recall that on Friday, March 8, 2019, a five-man panel of Supreme Court Justices had also dismissed her appeal against the interim forfeiture order of a Federal High Court, Lagos, for another $8.4 million traced to her by the EFCC and believed to be proceeds of illegal activities.

Read Also:👇🏾

  1. Court Orders Patience Jonathan To Forfeit $8.4 Million, N9.2 Billion To Federal Government
  2. Breaking News: Supreme Court Upholds FG’s Seizure Of Patience Jonathan’s $8.4 Million
  3. Atiku Demands Apology And N500m From Buhari’s Aide “Lauretta Onochie” For Defamation
  4. “We Have Presented Enough Evidence To Sack Buhari” – Atiku Wants Tribunal To Make Him President

TAGGED:courtMike OzekhomeMojisola OlaterogunNewspatience jonathanPolitics
ByTobias Sylvester
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Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos.Contact Tobias at [email protected] a confidential tip? Submit it here
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