The Federal High Court in Lagos on Monday ordered the forfeiture of ex-First Lady Dame Patience Jonathan’s $8.4 million and N9.2 billion to the Federal Government.
Justice Mojisola Olatoregun held that the money is reasonably suspected to be proceeds of crime.
She granted an application by the Economic and Financial Crimes Commission (EFCC) that the money should be permanently forfeited.
The judge held that Mrs Jonathan could not prove that the money was legitimately earned.
More to come…
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