Alleged N12.2bn Fraud: Patience Jonathan Knows Fate June 27

Justice Mojisola Olatoregun of the Federal High Court sitting in Ikoyi, Lagos, on has adjourned to June 27, 2019 to deliver judgment in an application filed by the Economic and Financial Crimes Commission, EFCC, seeking the final forfeiture of the sums of $8,435,788.84 (about N3bn) and N9.2bn linked to the wife of former President Goodluck Jonathan, Patience.
The former First Lady is joined in the suit marked FHC/L/CS/620/18 alongside some companies namely: Globus Integrated Services Limited, Finchley Top Homes Limited, AM-PM Global Netwotk Limited, Pagmat Oil and Gas Limited and Magel Resort Limited.
The money was said to be warehoused in some banks, including Skye Bank Plc (now Polaris Bank Plc), Diamond Bank Plc, Stanbic-IBTC and First Bank Plc.
Justice Olatoregun had fixed May 8, 2019 to deliver judgement in the application filed by the EFCC for the final forfeiture of the funds, but deferred judgement and adjourned to May 24, 2019 for further hearing of “oral explanatory evidence” by the parties.
At the resumed sitting on May 24, one Esther Oba, a younger sister to Patience and Special Assistant on Household Administration to the former President, told the Court how her name and picture were used to open an account with Skye Bank Plc (now Polaris Bank PLC) without her being a signatory to the account.
Under cross-examination by the applicant counsel, Rotimi Oyedepo, Oba told the court that the several billions found in her Skye Bank account were gifts she received when she lost her mother.
She also admitted that the account was operated by one of her siblings on the order of the former First Lady.
She said: “The money given to me as gifts were first kept in her house and she later gave all the money in tranches to one Festus Oyoha to deposit on her behalf in Skye Bank.
“The sum of $400,000 was given to Festus Oyoha as first deposit in the bank.”
She further told the court that she had two different signatures she used for withdrawal of funds from banks and for other activities.

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