• Contact Us
  • About Us
Friday, October 16, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

$8.4m forfeiture suit against Jonathan: Judgment Feb. 28

metro by metro
February 11, 2019
in News
0
0
SHARES
0
VIEWS
Patience Jonathan
Patience Jonathan

A Federal High Court, Lagos, on Monday reserved judgment until Feb. 28 in a suit seeking final forfeiture of 8.4 million dollars (about N7.4 billion) allegedly linked to former First Lady Patience Jonathan’s account.

The Economic and Financial Crimes Commission (EFCC) had secured an interim order for forfeiture of the sum before Justice Mojisola Olatoregun on April 20, 2018, through an exparte application.

Read Also

US Military Weighs Use Of ‘Mother Of All Bombs’ In Potential Future Strikes On Iran, CNN Says

INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba

US Supreme Court To Hear Asylum Fight Involving Nigerian Cook

In the suit, EFCC joined as respondents: Jonathan, Globus Integrated Services Ltd., Finchley Top Homes Ltd., Am-Pm Global Network Ltd., Pagmat Oil and Gas Ltd. and Magel Resort Ltd. and one Esther Oba.

On Oct. 29, 2018, EFCC counsel, Mr Rotimi Oyedepo, moved a motion for final forfeiture of the sum, while defence counsel, Messrs Ifedayo Adedipe (SAN) and Chief Mike Ozekhome (SAN) opposed the application.

On Jan. 15, the court admitted as an
exhibit, electronic evidence showing business outfits of the third respondent, Finchley Top Homes Ltd.

The court then adjourned for Judgment.

On Monday, the case was further adjourned until Feb. 28, as the judge was said to be on another official assignment.

The News Agency of Nigeria (NAN) reports that in moving the application for final forfeiture dated May 8 2018, Oyedepo supported it with an affidavit deposed to by Mr Chukwuma Orji, an EFCC operative.

He told the court that he relied on written averments as well as exhibits EFCC 12 and EFCC 13 to make the application.

He prayed the court to grant the application.

opposing the application, Jonathan’s counsel, Adedipe, urged the court to refuse the application on the grounds that sufficient facts had not been placed before it to warrant a final order.

According to Adedipe, the EFCC only claims that it found money in Jonathan’s account and reasonably suspects that it is a proceed of unlawful activities but failed to invite her or take other necessary preliminary steps before seeking an order of forfeiture.

Adedipe said that the practice fell short of prosecutorial procedures.

He argued that the depositions by the applicant that the funds represented proceeds of unlawful activities had yet to be substantiated, according to Section 36 of the 1999 Constitution.

He noted that Section 36 provides: “
“A person shall not be convicted of an offence unless the offence is defined and punishment prescribed.’’

According to him, there is no crime known as “statutory suspicion and so, the onus rests on the EFCC to prove that the respondent has such an amount of money, and that it was obtained under false pretences or fraud.

Counsel to the third to sixth respondents, Chief Mike Ozekhome (SAN), argued that according to the provisions of the Advanced Fee Fraud Act, the application was premature, as the affidavit of the third respondent to show cause, had yet to be taken.

According to him, it is when it has been argued and the court finds no merit in it that the applicant can be justified and better placed to bring the final forfeiture application.

Ozekhome also told the court that the third respondent made money from selling groceries and drinks, among other items.

Tags: EFCCPatience Jonathan
Previous Post

Kachikwu commends DPR on crude oil tracker, other automation initiatives

Next Post

Presidential Election: Ex-Speaker, Imo Assembly urges Igbo people to vote Buhari

Related Posts

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Military Weighs Use Of ‘Mother Of All Bombs’ In Potential Future Strikes On Iran, CNN Says

October 15, 2026
INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba
News

INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba

October 14, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Supreme Court To Hear Asylum Fight Involving Nigerian Cook

October 13, 2026
From Coastal To Inland: Lagos-Calabar Reroute Raises Questions On Cost, Design, Due Diligence
News

From Coastal To Inland: Lagos-Calabar Reroute Raises Questions On Cost, Design, Due Diligence

October 14, 2026
Next Post

Presidential Election: Ex-Speaker, Imo Assembly urges Igbo people to vote Buhari

Duke: Nigeria Is Paying More To Secure Its Crude Than To Produce It

Duke: Nigeria Is Paying More To Secure Its Crude Than To Produce It

October 15, 2026
Boko Haram

10 Soldiers, Others Dead As Terrorists Attack Military Base In Borno

October 15, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

US Treasury Seeks Global Support To Rename AI ‘Super Intelligence’

October 15, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version