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Supreme Court affirms interim forfeiture of Patience Jonathan’s ‘asset’

Posted by on March 15th, 2019

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The Supreme Court on Friday asserted the order of interim forfeiture made by the Lagos Division of the Federal High Court in respect of the sum of N2.4bn allegedly traced to the wife of former President Goodluck Jonathan, Mrs. Patience Jonathan.

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Few days ago, the apex court had,  emphasized  an interim forfeiture of the sum of $8.4m belonging to the ex-First Lady and directed her to return to the Federal High Court in Lagos to explain reason why the fund should not be permanently forfeited to the Federal Government.

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On Friday, in a separate appeal, a five-man Bench of the apex court unanimously handed down a similar verdict on another sum of N2,421,953,522 in the bank account of Lawari Furniture & Bath Limited, a firm which the Economic and Financial Crimes Commission had linked to Mrs. Jonathan.

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Lawari Furniture & Bath Limited had, through its lawyers, Chief Mike Ozekhome (SAN), filed the appeal to challenge the January 12, 2018 judgment of the Lagos Division of the Court of Appeal, which had affirmed the interim forfeiture order of the Federal High Court in Abuja in respect of the N2.4bn.

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Source: punchng

The post Supreme Court affirms interim forfeiture of Patience Jonathan’s ‘asset’ appeared first on INFORMATION NIGERIA.

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