Alleged Money Laundering: Court Freezes Patience Jonathan’s Accounts In Five Banks

Alleged Money Laundering: Court Freezes Patience Jonathan's Accounts In Five BanksA Federal High Court in Lagos has frozen multiple accounts in five Nigerian banks allegedly belonging to former first lady, Patience Jonathan over allegations of money laundering.

Justice Mojisola Olatoregun made the order freezing the accounts after listening to an exparte application filed by the Economic and Financial Crimes Commission (EFCC), sometime in November.

The order, according to the Commission, covers Mrs. Jonathan’s accounts in Ecobank Plc, Skye Bank Plc, Stanbic IBTC Bank, Diamond Bank Plc and Fidelity Bank Plc.

The anti-graft agency said that the move to request the freezing of the accounts became necessary after it received intelligence report, which showed that the accounts ought to be investigated.

The ex-parte application to freeze the accounts was supported by an originating summons sworn to by one Abdulahi Tukur, an operative of EFCC, and filed before the court by the EFCC prosecutor, Rotimi Oyedepo.

It requested the court to urgently direct the managers of the bank accounts to, in the interim, forfeit the money in the accounts, to prevent further tampering with same.

After issuing the order, Justice Olatoregun directed the anti-graft agency to enter into an undertaking to pay damages to the former first lady if it turns out that the order should not have been made.

One of the account, domiciled with Skye Bank plc, is said to have a balance of $5,316.66.

Also affected by the order are five companies namely; Finchley Top Homes Limited, Aribawa Aruera, Magel Resort Limited, AM-PM Global Network Limited and Pansy Oil and Gas Limited.

Also affected is one Esther Oba who is said to have a balance of $429,381.87 in her Diamond Bank account while the companies collectively have a balance totaling N7,418,829,290.94 (Seven billion four hundred and eighteen million eight hundred and twenty nine thousand two hundred and ninety naira ninety four kobo).

Abuja road named after Patience Jonathan

A road linking Defence Police Officers Wives Association (DEPOWA) office with the Shehu Musa Yar’Adua Barracks, in Abuja, has been named after Dame Patience Jonathan, wife of Nigeria’s President.

The road was constructed by the association.

At the commissioning ceremony, Mrs Jonathan said that private sector organisations’ cooperation was central to achieving the aims of the Transformation Agenda of her husband.

She said that the road would serve the interest of members of DEPOWA, the barracks community and other road users.

“The gesture will also provide an evidence of the capability of our women to initiate and execute projects and programmes critical and beneficial to the wellbeing of our nation.’’

Mrs Jonathan commended the association for encouraging members to promote the goals and objectives of the association to raise the standard of living in the barracks and encourage cooperation among security agencies in the country.

“I encourage all associations to emulate the good example of DEPOWA and to contribute their quota to the development of our dear nation.

“DEPOWA should not relent in its good work, and I appeal to users of this road to make good use of it and to ensure that it is properly maintained, ‘’ she added.

Wife of the Chief of Defence Staff and president of DEPOWA, Apolonia Petinrin said that the road was hitherto full of pot holes and dusty, making movement a nightmare.

“DEPOWA discovered that the road was causing hardship for the users, especially women and children in the barracks.

“It was the compassion for the less privileged in this community that led the association into improving the condition of the road.

“We sought assistance from our immediate constituencies – the armed forces and the police to embark on this project,’’ she said.

Meanwhile the First Lady will be sworn in as a permanent secretary in the Bayelsa State Civil Service tomorrow.

Mrs Jonathan, who was appointed permanent secretary in the state civil service by Governor Henry Seriake Dickson last week, is expected to arrive the state capital Yenagoa Today, for the swearing in.