Court orders final forfeiture of Patience Jonathan’s N12.2bn.


Justice Olatoregun of a Federal High Court in Lagos on Monday ordered the final forfeiture of billions of Naira and millions of dollars traced to a former First Lady, Mrs. Patience Jonathan and her cronies, to the Federal Government.
The Judge directed that the humongous funds should be forfeited to the Federal Government on the grounds that they were proceeds of illegal activities, as Jonathan and those involved could not legitimately account for the ownership of the funds.
“I have no doubts that these monies are proceeds of unlawful activities,” the judge said.
“I am satisfied that the respective sums are liable to be forfeited to the federal government, the respondent having failed to show cause,” the judge said.
She ordered that the sums be paid into the Central Bank of Nigeria as well as the federal government’s account.
Joined in the suit filed by the Economic and Financial Crimes Commission (EFCC) as respondents were Patience Jonathan, Globus Integrated Services Ltd, Finchley Top Homes Ltd, Am-Pm Global Network Ltd, Pagmat Oil and Gas Ltd and Magel Resort Ltd and Esther Oba, younger sister to Jonathan.
Details of forfeited funds as released by EFCC includes $3.65 million, $4.7 million, N1.81 billion, N226.38 million, N1.09 billion, N39.42 million, N7.22 million, N55.94 million, N174.17 million, N858.93 million, N1.81 billion, N1.1 billion, N317.40 million, N1.90billion and $429.39million.
On October 29, 2018, Rotimi Oyedepo, EFCC counsel, had moved his motion for final forfeiture of the money to the federal government.


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