A Federal High Court sitting in Lagos Monday ordered the permanent forfeiture of the sums of N9.2 billion and $8.4 million recovered from first lady Patience Jonathan to the Federal Government.
The judgment delivered by Justice Mojisola Olatoregun followed a lawsuit filed by the Economic and Financial Crimes Commission.
The anti-graft agency alleged that the funds were proceeds of crime
Patience, through her lawyers, Chief Ifedayo Adedipe (SAN) and Chief Mike Ozekhome (SAN), opposed the application and insisted that the funds were legitimately earned.
However, Justice Olatoregun held that the EFCC proved its claim beyond reasonable doubts, hence the forfeiture order.
The judge also ordered the forfeiture of the humongous funds to the Federal Government on the grounds that they were proceeds of crimes while Mrs Jonathan and the firms could not legitimately account for the ownership of the funds.
Below is a breakdown of the forfeited funds:
$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
$429.39million
