Court Orders Forfeiture Of N1.04bn Allegedly Linked To Patience Jonathan

The Economic and Financial Crimes Commission, EFCC, has secured an interim forfeiture of the sum of N1,000,494,000, found hidden away in a bank account allegedly linked to a former first lady, Mrs Patience Jonathan.

A statement from the EFCC on Friday revealed that the forfeiture followed an order granted by Justice Lewis Allagoa of the Federal High Court sitting in Kano.

“The forfeiture was as a result of a motion ex parte filed by the Commission seeking for the interim forfeiture of the sum of N1,000,494,000 (One Billion Four and Ninety Four Thousand Naira) only found hidden away in the bank account of MAGEL RESORT LIMITED, a company linked to the former first lady of Nigeria, Patience Jonathan,” it said.

According to the statement, the anti-graft agency received an intelligence alleging that a bank account was said to have stored a huge sum of money that is not being used by anybody.

Source: Channelstv