Patience Jonathan Forfeits $437.74 Million, N9.5 Billion in 15 Bank Accounts

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SWITZERLAND, JULY 01: A Federal High Court in Lagos on Monday ordered the forfeiture of a huge some of money belonging to Dame Patience Jonathan, wife of former President Goodluck Jonathan.

Today’s Echo gathers that the total amount, kept in 15 different bank accounts, adds up to $437.74 Million and N9.5 Billion.

The Economic and Financial Crimes Commision(EFCC) made this known in a Tweet, seen by Today’s Echo’s correspondent.

“Justice Olatoregun of a Fed High Court, Lagos has ordered the final forfeiture of billions of naira and millions of dollars traced to a former First Lady, Mrs. Patience Jonathan and her cronies, to the Federal Government,” the EFCC tweeted on Monday.

The antigraft agency listed the forfeited funds as:

$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 and $429.39million.

According to the EFCC, the judge directed that the humongous funds should be forfeited to the Federal Government on the grounds that they were proceeds of illegal activities, as Jonathan and those involved could not legitimately account for the ownership of the funds.

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