Court freezes N350 million linked to Patience Jonathan

Patience Jonathan
Patience Jonathan

A Federal High Court in Lagos on Tuesday ordered that N350 million belonging to AM-PM Global Network Ltd, in Stanbic-IBTC bank, be placed on temporary attachment, pending an ongoing investigation by the EFCC.

Justice Hadiza Rabiu-Shagari, made the order following an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC).

The application was argued by EFCC’s lawyer, Rotimi Oyedepo, against the company.

In an affidavit deposed to by one Musbau Yahaya, the commission stated that between June 20, 2012 and Nov. 15, 2013, the respondent fraudulently received N1.2 billion into its Diamond Bank account.

He said that the sum was proceeds of an unlawful enrichment derived by Patience Jonathan, who was then a Permanent Secretary, appointed by the Bayelsa State Government.

The deponent also stated that in a bid to dissipate the fund, the respondent opened an account with Stanbic-IBTC Bank.

He said that out of the alleged proceeds of unlawful enrichment of Mrs Jonathan, the respondent transferred N350 million, from its Diamond Bank account to the account sought to be attached.

He added that there was a desperate bid to dissipate the funds.

The deponent further stated that the commission had traced the said N350 million, to the respondent’s account, now sought to be attached.

He added that a court order is needed to instruct the bank to attach the account to prevent the dissipation of the funds.

The commission argued that unless the application was determined, the respondent will tamper with the account being sought to be attached.

He submitted that it will serve the course of justice if the application is granted.

After listening to the submissions of counsel, Justice Rabiu-Shagari ordered the temporary freezing of the sum of N350 million, belonging to AM-PM Global Network Ltd, at the Stanbic-IBTC Bank, pending the conclusion of the investigation on the account by the EFCC.

(NAN)


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  • Shahokaya

    Between Abacha and Patience only time will tale who is the worst looter!

    • Olugbenga Roberts

      Could Patience have done all these harm alone? Who is fooling who? When we are ready to deal with our problems, we will make progress. When a hungry man steals yams from a farm he gets pasted with 2 to 3 years imprisonment yet we treat looters and kleptomaniacs like Mama Peace with kid gloves as if corporate stealing is a social enterprise. Unfortunately she are her ilk are shameless and can come out in defence of their malfeasance.

      • kinsly

        With the direction of JONA the thief.

    • kinsly

      They should have been marriage made in he’ll.

  • MilitaryPolice01 [Joint Chief]

    I truly wonder how posterity will adjudge Patience Jonathan.

    • kinsly

      A thief wife of a thief President.

  • ijelejames

    What could be wrong with this woman?

    • Eluba Inas

      I was just asking myself the same question. Could be she has some psychiatric problem or may she never thought they will be voted out and thus, she will have enough time later to cover her looting rampage.

    • kinsly

      Everything!

    • Julius

      Greed and wickedness !!

  • Isa Adam

    mama loot or mama peace, i advice Patience to share her loots to the poor and hungry members of her community if she want to know peace.

    • band olu

      D poor & hungry pple in her community & those who are not really poor or hungry will soon come out to defend her…There’s something wrong with them! …

  • zacchaeus Akinleye

    A shameless ex-president is husband to this unrepentant thief claiming ownership of billions of cash and assets all over Nigeria. The fact that there is muted outrage to this audacious temerity is proof that the country is deeply enmeshed in corruption and people’s conscience are seared.

  • band olu

    Very soon as usual she will run to d equally shameless PDP lawmakers in NASS & instruct them to tell d bank to unfreeze d account…

  • shola

    “..Patience Jonathan, who was then a Permanent Secretary, appointed by the Bayelsa State Government.” What educational background,Curriculum Vitæ and referral qualifies one to be a “Permanent Secretary” Governor El Rufai is right in sacking all these illiterate teachers in his State.

  • Atunde Adeola Yusuf

    for your cctv call 08186948992