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Home Headline News

Court unfreezes Patience Jonathan’s 16 bank accounts

Next Edition by Next Edition
December 6, 2017
in Headline News
Court unfreezes Patience Jonathan’s 16 bank accounts
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16 frozen bank accounts belonging to Patience, wife of former President Goodluck Jonathan, have been ordered unfrozen.

The order was by an Abuja Federal High Court presided over by Justice Binta Nyako.

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The accounts were frozen based on a suit filed by the anti-graft body, Economic and Financial Crimes Commission (EFCC).

EFCC at the time was given 90 days to carry out its investigation on the affected accounts.

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Five of the frozen accounts are domiciled in Skye Bank Plc., seven in Diamond Bank Plc and the remaining four accounts are with Union Bank Plc., First Bank Plc., Ecobank and Zenith Bank Plc.

The reversal of the earlier order followed an application filed by Mike Ozekhome, counsel to Jonathan.

Ozekhome argued that the interim forfeiture of the accounts had lapsed.

But reacting to Ozekhome’s case, Richard Dauda, EFCC lawyer, prayed the court to grant an extension for the forfeiture order against funds in the 16 bank accounts.

Nyako however refused to grant EFCC’s demand.

She said the order could not be extended and therefore asked that the accounts should be unfrozen.

Tags: Diamond Bank PlcEcobankEFCC’sfirst bank plcMike OzekhomenewsNEXT EDITIONnigerian newspapersRichard DaudaUnion Bank Plc.Zenith Bank Plc
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