Saturday

Patience Jonathan Losses N2.4bn To FG

Exactly eight days after the Supreme Court upheld Federal Government’s interim seizure of the $8.4 million believed to be owned by ex-First Lady, Mrs. Patience Jonathan, the apex court has again agreed to a similar forfeiture of another N2.4bn linked with Mrs. Jonathan.

The Nation reports that, the Economic and Financial Crimes Commission (EFCC) said the N2,421,953,522.00 was said to be held in bank accounts owned by Lawari Furniture and Bath Limited, an entity in which Mrs. Jonathan allegedly has interest.
In a judgment yesterday, a five-man panel of the Supreme Court rejected the appeal by Lawari Furniture on the grounds that it was without merit.
The appeal was filed and argued for the appellant by Mike Ozekhome (SAN).

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