JUST IN! Fed. High Court Grants Patience Jonathan Unfettered Access To Her $5.9m Which Was Frozen

Date: 25-04-2017 3:25 pm (4 years ago) | Author: onuigbo felicia
- at 25-04-2017 03:25 PM (4 years ago)
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The Economic and Financial Crimes Commission on Tuesday withdrew its application seeking to stay the execution of a court order which unfroze the Skye Bank account of the wife of ex-President Goodluck Jonathan, Patience with a balance of $5.9m, Punch newspaper exclusively reports.
A counsel for the EFCC, Rotimi Oyedepo, appeared before the Federal High Court in Lagos which on April 6 unfroze Patience’s account, stating that the commission had changed its mind about appealing the unfreezing order.
He equally told the presiding judge, Justice Mojisola Olatoregun, that the commission was withdrawing its application seeking to stay the execution of the order.
Responding, Patience’s lawyer, Mr. Ifedayo Adedipe, confirmed being served with the EFCC’s application to withdraw its application for stay of proceedings.
Adedipe said in view of the EFCC’s action, he would also withdraw the Form 48 and Form 49 he filed to cite Skye Bank for contempt of court for not allowing Patience access to her account in spite of the court order.
After hearing both parties out, Justice Olatoregun granted their prayers to withdraw their respective applications.
With the development, Patience Jonathan now has unfettered access to her bank account.
At the instance of the EFCC last year, Justice Olatoregun had made an interim order freezing multiple accounts linked with Patience.
The order was pursuant to an ex parte application by the anti-graft agency, wherein one of its operatives, Abdulahi Tukur, had told the judge that the funds retained in the said accounts were suspected proceeds of crime.
Tukur had told the judge that intelligence report by the anti-graft agency necessitated that the accounts be investigated, adding that it would be in the interest of justice that the accounts be frozen.
The accounts, opened in the names of companies and an individual, had a cumulative balance of N7,418,829,290.94 (N7.4bn) and $429,381.87.
Apart from Patience’s personal account, also affected were five companies, namely: Finchley Top Homes Limited, Aribawa Aruera, Magel Resort Limited, AM-PM Global Network Limited, Pansy Oil and Gas Limited.
Finchley Top Homes Limited’s account numbered 1102001996 in Ecobank, with a balance of N226,376,700.23 and a fixed deposit of N1,099,511,484.88 was frozen.
Similarly affected were the company’s Skye Bank account numbered 1771731336, with a balance of N14,173,848.85; Fidelity Bank account numbered, 4011019539 with a balance of N1,800,494,000; Stanbic Bank account numbered, 0016901361, with a balance of N40,594,12.88; and Diamond Bank account 0019213687 with a balance of N39,418,712.12.
Aribawa Aruera Reachout Foundation opened account number 1222014221 with Ecobank and has a closing balance of N479,893,431.01, while Magel Resort Limited accounts (4011019546/5250059782) with Fidelity Bank has a subsisting balance of N1,000,494,000.
The company also operates a Zenith Bank account numbered, 1011744356, which has a balance of N858,923,982, and a Diamond Bank account numbered 0024351590 with had a balance of N174,166,207.00.
AM-PM Global Network Limited opened account number 0026718889 at Diamond Bank and has a balance of N7,213,303.50.
The account numbered 4011019577 opened by Pansy Oil and Gas Limited at Fidelity Bank had a balance of N1,809,666,494.68, while the company’s account in Diamond Bank has a balance of N55,930,024.50.
Also affected was one Esther Oba. Oba has a balance of $429,381.87 in her account.‎
The coast is now clear for the former first lady of Nigeria, Mrs. Patience Ibifaka Jonathan, to access her account with Skye Bank Plc, where she housed $5,842,316,66 million.

Posted: at 25-04-2017 03:25 PM (4 years ago) | Hero
- dynasty4all at 25-04-2017 03:41 PM (4 years ago)
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DON'T MIND BUHARI AND EFCC
Posted: at 25-04-2017 03:41 PM (4 years ago) | Gistmaniac
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- dynasty4all at 25-04-2017 03:42 PM (4 years ago)
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SOME PIGS WILL COME HERE TO COMMENT TRASH
PEOPLE LIKE ZAKI68 OR ZAKO, GOGOMAN, ETC
Posted: at 25-04-2017 03:42 PM (4 years ago) | Gistmaniac
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- morgan1 at 25-04-2017 03:47 PM (4 years ago)
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I smell rat,,,,,
Posted: at 25-04-2017 03:47 PM (4 years ago) | Hero
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- gogoman at 25-04-2017 03:55 PM (4 years ago)
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DSS SHOULD CHECK INTO THAT SILLY JUDGE, SHE DEY AMOUNG THIEF!!
Posted: at 25-04-2017 03:55 PM (4 years ago) | Addicted Hero
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- Larry28 at 25-04-2017 04:04 PM (4 years ago)
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 Roll Eyes Roll Eyes Roll Eyes
Posted: at 25-04-2017 04:04 PM (4 years ago) | Hero
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- eric2000 at 25-04-2017 05:32 PM (4 years ago)
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how and where did she earn that money.......Nigeria is a mess
Posted: at 25-04-2017 05:32 PM (4 years ago) | Gistmaniac
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- Goodluck-just at 25-04-2017 05:42 PM (4 years ago)
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Oboy dis one is serious oooo......
Posted: at 25-04-2017 05:42 PM (4 years ago) | Gistmaniac
Reply
- Goodluck-just at 25-04-2017 05:43 PM (4 years ago)
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Omo see money oooooo
Posted: at 25-04-2017 05:43 PM (4 years ago) | Gistmaniac
Reply
- schmit at 25-04-2017 05:48 PM (4 years ago)
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Power
Posted: at 25-04-2017 05:48 PM (4 years ago) | Hero
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- Goodluck-just at 25-04-2017 05:51 PM (4 years ago)
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And kison, beneno, gogoman, buncho, morgan1, will still say i shud nt blame this on buhari?Huh?Huh?Huh?Huh?Huh?Huh?
Just look at d situation first...........chai?Huh?Huh?Huh? Buhari.... See wat u hav caused now?Huh?Huh?Huh?Huh???
Posted: at 25-04-2017 05:51 PM (4 years ago) | Gistmaniac
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- Goodluck-just at 25-04-2017 05:52 PM (4 years ago)
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See wat is hapenin here,,,,,,, while som scrupulous mistificated politicians are busy looting and embezzling the people's money and hiding it in their farms...............

We shall see their end.....
Posted: at 25-04-2017 05:52 PM (4 years ago) | Gistmaniac
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- Goodluck-just at 25-04-2017 05:56 PM (4 years ago)
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But i tink we need to ask buhari for mor info on dis oo
Posted: at 25-04-2017 05:56 PM (4 years ago) | Gistmaniac
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- concentrate at 25-04-2017 06:17 PM (4 years ago)
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good judgement. The thieves plaguing this country are in the north.
Posted: at 25-04-2017 06:17 PM (4 years ago) | Gistmaniac
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- victorstic1 at 25-04-2017 08:56 PM (4 years ago)
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MR JUDGE IF CARE IS NOT TAKEN U WILL REPLACE THIS WOMAN IN DETECTION
Posted: at 25-04-2017 08:56 PM (4 years ago) | Gistmaniac
Reply

fire TRENDING GISTS fire

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