Home News Patience Jonathan forfeits N10 b to Federal Government 

Patience Jonathan forfeits N10 b to Federal Government 

by Armada News
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By Matthew Don

Justice Mojisola Olatoregun of the Federal High Court, Lagos  on Monday ordered the wife of former President Goodluck Jonathan, Patience, to finally forfeiture N10 billion illegally acquired as First Lady to the Federal Government.

Olatoregun directed that the funds should be forfeited to the Federal Government on the grounds that they were proceeds of illegal activities.

She ruled that Patience and those involved could not legitimately account for the ownership of the funds.

The money included N7.4 billion and $8.4 million traced to the former First Lady’s account after she failed to convince the court on how she came about it.

According to the Economic and Financial Crimes Commission (EFCC) verified twitter handle, the monies to be confiscated from Patience Jonathan to include…

$3.65million

$4.7million

N1.81billion

N226.38million

N1.09billion

N39.42million

N7.22million

N55.94million

N174.17million

N858.93million

N1.81billion

N1.1billion

N317.40million

N1.90billion

$429.391

 

Before Monday’s ruling, the court had temporarily ruled for temporary forfeiture.

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