EFCC tells court to cease Patience Jonathan’s $8.4m, N9.2bn

0
688

The Economic and Financial Crimes Commission (EFCC), is seeking the final forfeiture of the sums of 8.4 million dollars and 9.2 billion naira linked to Patience Jonathan, the wife of former President Goodluck Jonathan.

The anti-graft agency is praying the court to cease the money.

In an application filed before Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi, Lagos, the EFCC through its counsel, Rotimi Oyedepo, asked the court to grant its prayers for the final forfeiture of the funds.

Justice Olatoregun had, on April 19, 2018, made an order of interim forfeiture of the monies, following an ex-parte application filed by the anti-graft agency against Mrs Jonathan and six other respondents.

But the counsel to Mrs. Jonathan, Ifedayo Adedipe, told the court that the EFCC had not shown any reason to warrant the final forfeiture of the money, and asked the court to refuse the application.

The counsel to the other defendants also argued that the EFCC’s application was an abuse of court process and asked that it be dismissed or struck out.

After listening to all the parties, justice Olatoregun adjourned the case till November 13, 2018, for further hearing.

Source:

SHARE
Previous articleW. Africa Crude-High freight rates weigh on Asian demand
Next articleFG’s Meeting On New Minimum Wage Inconclusive
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.