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Thursday, 3 November 2016

Court refuses to order forfeiture of Patience Jonathan’s $15.5m

A Federal High Court in Lagos yesterday refused to issue an order for the forfeiture of $15.5million found in the accounts of four companies currently being investigated for fraud and money laundering and have been linked to former first lady, Patience Jonathan. 

The Nation reports that at the resumed hearing of the case against the directors of the four companies, the presiding judge, Justice Babs Kuewumi, convicted the companies after a review of the facts of the case by the Economic and Financial Crimes Commission (EFFC)'s lawyer, Mr Oyedepo Rotimi. 

The four companies namely Pluto Property and Investment Company Ltd (represented by Friday Davis), Seagate Property Development and Investment Company Ltd (represented by Agbor Baro), Trans Ocean Property and Investment Company Ltd (represented by Dioghowori Frederick) and Avalon Global Property Development Ltd (represented by Taiwo Ebenezer), had on September 15th, pleaded guilty to laundering $15,591,700 (about N5billion) when they were arraigned. 

Following the companies’ conviction, EFCC counsel Rotimi prayed the court to order the forfeiture of the money to the Federal Government. 

“Having found them guilty, the court should make a consequential order that the money should be forfeited to the Federal Government,” he said.

Justice Kuewumi however refused this request by EFCC, saying that the issue of the ownership of the $15.5 million was still pending. He said he would hand down a sentence on the companies after the trial of the other directors of the companies who pleaded not guilty in the charge.

“The ownership issue is still pending. There’s also a pending suit on the matter.”he said

Recall that Patience Jonathan had in September claimed ownership of the said money. According to her, the money was to be used to settle her medical bills. The first lady had also last month also claimed that the money was gathered from gifts she received from friends and well wishers in all her years as the wife of a deputy governor, governor, Vice President and then President. 

The four companies were arraigned alongside former Special Adviser on Domestic Affairs to ex-President Goodluck Jonathan, Waripamo Dudafa, a lawyer, Amajuoyi Briggs and a banker, Adedamola Bolodeoku. Dudafa, Briggs and Bolodeoku, however, pleaded not guilty to the 17-count charge.
While reviewing the facts in court yesterday, EFCC counsel, Rotimi said the money was stolen from the State House, Abuja.
“EFCC received an intelligence report showing vividly that the fourth to seventh defendants retained proceeds of crime. Our investigations showed that Fetus Iyoha admitted receiving the fund from the first defendant. Iyoha is a domestic staff at the State House. He admitted that funds credited into the accounts were given to him from the State House.”
Rotimi said Iyoha paid $3,096,377.38 into Pluto’s account; paid $3,410,534.71 into Seagate’s account, paid $3,765,711.87 into Trans Oceans’ account, and paid $250,000 into Avalon Global’s accout.
The accounts of the Four companies are domiciled in Skye Bank Plc. Justice Kueuwumi admitted the accounts statements in evidence. He also admitted their mandate cards, certificates of incorporation and statements made to EFCC by the companies’ representatives.
Justice Kuewumi adjourned until December 14 for trial.

41 comments:

dj banti said...

Make day leave this woman
Godtakeover nigeria

Eddy Ogbunambala said...

Hmmm

livingstone chibuike said...

Dis drama is getin more interestin

Chizzy Liz said...

***********************oooook ****

Nseabasi Ekpo said...

we hope and pray that justice is seen to be done

Uju Phil said...

It's well...

Chizzy Liz said...

*******************ooooook

BONARIO NNAGS said...

These people stole our country dry.
And before you come here to defend criminals, hope you have a quarter of above amount in your account.
This woman loves money so much, same woman that was apprehended trying to launder foreign money when her husband was still a Governor.



. ~BONARIO~says so via NOKIA LUMIA

JEMBETE(KEY-POINT) said...

NA BIG LIES!!!!
WISH COT B DAT??? DEM WAN DIE???
DEM NO DE FEAR NIGER DELTAN???
MAKE DEM TAKE TIME

Juliet Iwuno said...

Issorite! Linda take note!

Saphire Muna said...

After this what next? As if I care



















........... Liber maniac...........

Ogenah Boris said...

Okay

OSINANL said...

THEY ARE LOOKING FOR TROUBLE O!

ONYX linda ikeji first son GODWIN said...

The fear of buhari!��

Abosede Ojuade said...

Seen

NaijaDeltaBabe said...

Seen


...merited happiness

Odibe Blessing said...

Hmmmmmmmmmm

daniel ubong said...

Rubbish court rubbish judge,they know the so called efcc would not accept the rolling because the order is from above that is buhari,its a matter of time.

tochukwu afamefuna said...

Nawa ooo

Anonymous said...

Thank God for this information. So this hypopotamus woman collected the money from state house according to what Jonathan's house help said? Na wah oh

Anonymous said...

Thank God for this information. So this hypopotamus woman collected the money from state house according to what Jonathan's house help said? Na wah oh

Anonymous said...

The court should ask Patience Jonathan for the names of her friends that she clamined gave her the money as gifts and those friends must be investigated and interrogated.

Anonymous said...

That makes judicial sense but the account should be freezed. EFCC let your lawyers please stop asking for extra-judicial favours...Innocent until proven guilty

Anonymous said...

Why did Patience Jonathan pay the money into four different accounts if she knows the money is genuine? Why didnt she pay the money into her own account since the money is gifts from friends? Hypopotamus take ya time oh. You think say na primary school children you dey lie to?

Eleojo Blessing said...

Eyahhhh

ike manuel said...

That one dey.. I guess everything is under control

Na me talk am!

Long Live Lib!!!

Jamila Shaibu said...

Hmmmmmmm issorite

Neville Obbu said...

Nobody should come here in the name of Niger Delta to support rubbish. If she is guilty she is guilty, don't be the fool. I am from Delta State and I am still waiting for EFCC to probe our past governor. If you are fight for a thief then you are a miscreant and an idiot.

The Good Governant said...

You sound so uninformed. The facts have been presented. The money was wrongfully appropriated from the FG. You're shouting about Niger Delta. The rot in this country is due to individuals like you. Blame the wrong people for your misfortunes, instead of you to face the real culprits and thieves amongst you.

Anonymous said...

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Anonymous said...

Bonario you that defends Amechi and call him "lion of ubima" did he give you a potion of his loot? After he stole Rivers state to stupor to sponsor Buhari and enrich himself.

Anonymous said...

Which fear? Is he God? Is he not looting? Has he accounted for the recovered funds? All those expensive clothes worth millions Aisha his wife is wearing, are they her personal money? Abeg, they're all the same. No saint here.

Etefia Emmanuel said...

show me a politician in Nigeria that have not stolen before. we will all do the same if appointed to any public office. Leave the woman alone. Go after Abacha' loot, Abdulsalami, Obasenjo and the police

FRESH said...

If you can't show proof Amaechi stole money,pls.you guys should shut up for once! If Rivers state government say he stole money, let them go to court.He dared them to.Have they gone? Let's stop this Amaechi this,Amaechi that, cos' a blood thirsty rogue like Wike must run him down.

Anonymous said...

@Anonymous 1:158PM do you have any evidence of Amaechi's loot? Was Amaechi ever caught red-handed as Patience Jonathan was caught red-handed? Please stop supporting corruption. Even if there are other people that looted, does it make it right for Patience Jonathan to steal? Why are you trying to justify her stealing? It is people like you that will make Nigeria stagnant without moving forward.

Anonymous said...

@Anonymous 2:02PM if you call those clothes expensive, then you must be a low life

Anonymous said...

Who the hell is Niger Delta? Will you shut up your dirty gutter mouth there! Na military regime fit this country. I wish the military will just take over make i see whether Niger Delta go try any nonsense because na shoot at sight military go take kill all the militants and looters for Nigeria. Rubbish!

Anonymous said...

@Anonymous 1:158PM do you have any evidence of Amaechi's loot? Was Amaechi ever caught red-handed as Patience Jonathan was caught red-handed? Please stop supporting corruption. Even if there are other people that looted, does it make it right for Patience Jonathan to steal? Why are you trying to justify her stealing? It is people like you that will make Nigeria stagnant without moving forward.

Anonymous said...

@Neville Obbu thank you my brother. Na real idiots them be for supporting corruption. UK did not waste time in jailing Ibori. If it was in Nigeria, Ibori would have been walking freely and judges will be delaying the case because of bribe. UK is an organised no nonsense country. But Nigeria will remain where it is because of idiots supporting corrupt politicians. Stmcheew

Anonymous said...

@Neville Obbu thank you my brother. Na real idiots them be for supporting corruption. UK did not waste time in jailing Ibori. If it was in Nigeria, Ibori would have been walking freely and judges will be delaying the case because of bribe. UK is an organised no nonsense country. But Nigeria will remain where it is because of idiots supporting corrupt politicians. Stmcheew

Vivian Reginalds said...

good
-D great anonymous now as Vivian Reginalds

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