EFCC loses bid to seize Patience Jonathan’s $8.4m, N7.35bn

0

The Federal High Court in Lagos on Friday rejected an application by the Economic and Financial Crimes Commission seeking the temporary forfeiture of funds in 15 bank accounts linked to Mrs. Patience Jonathan.

The funds, which the EFCC sought to seize, include a total of $8,435,788.84  and over N7.35bn kept in 15 bank accounts opened in the name of Patience, five companies and one Esther Oba.

Justice Mojisola Olatoregun, in a ruling on Friday, rejected the ex parte application , saying the funds were already subject of litigation before two courts in Abuja.

He also described the EFCC’s application as an abuse of court process, and chastised the anti-graft agency for forum shopping.


CLICK TO COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

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