Patience Jonathan loses bid to stop forfeiture of another N2.4 billion

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All about Patience Jonathan
Former First Lady, Patience Jonathan

Admin l Friday, March 15, 2019

ABUJA, Nigeria – Former First Lady, Mrs. Patience Jonathan has lost her bid to stop forfeiture of N2.4 billion linked to her. This is because the Supreme Court has dismissed her application seeking to upturn the interim forfeiture order by a Federal High Court, Lagos placed on the money. Recall that two weeks ago, she forfeited USD8.4 million to the Federal Government.

The Economic and Financial Crimes Commission, EFCC, had traced the said sum to her and alleged that it was proceed of illegal activities. The N2.4 billion, according to the EFCC was surreptitiously kept in the bank account of La Wari Furniture and Baths Limited, domiciled with Eco Bank 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, Patience had approached the Court of Appeal, Lagos Division, seeking to upturn the ruling of the lower court.

However, ruling on the appeal on January 12, 2018, the appellate court, in a lead judgement read by Justice Mojeed Owoade, rather upheld the interim forfeiture order. Not satisfied with the ruling of the appellate court, Patience, through her counsel, Mike Ozekhome, SAN, again filed an appeal challenging the ruling before the Supreme Court.

However, the five-man panel of Supreme Court justices have now again in a unanimous ruling, delivered on Friday, March 15, 2019, upheld the interim forfeiture order of the N2.4 billion.

It will be recalled that a five-man panel of Supreme Court justices, had on Friday, March 8, 2019 in a unanimous judgement, also dismissed Patience’s 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.

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