Court to rule on final forfeiture of Patience Jonathan’s $5.8m and N2.4bn
Finance News

Court to rule on final forfeiture of Patience Jonathan’s $5.8m and N2.4bn

Justice Tijjani Ringim of the Federal High Court in Lagos has set the date for the hearing on an application seeking the final forfeiture of $5.8 million and N2,421,953,522.78 billion reportedly owned by former First Lady, Dame Patience Jonathan.Information Guide Nigeria

Recall that on April 26, 2017, the Economic and Financial Crimes Commission (EFCC) filed an ex parte application for the interim forfeiture of the aforementioned sums on April 26, 2017.

RIPPLES NIGERIA reports that Justice Mojisola Olatoregun, who is now retired, granted the application.

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Justice Mojisola Olatoregun ordered that the said amount warehoused by the defunct Skye Bank (now Polaris) and Ecobank Nigeria Plc, be forfeited in the interim.

After Olatoregun retired, the case was given to Justice (Professor) Chuka Obiozor.

However, before Justice Obiozor could take charge of the case, he was moved to another area of the court, and as a result, Justice Ringim took over the case.JAMB Result

Justice Ringim slated the hearing on the application for full seizure of the money until March 28.

 

 

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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