Posted by News Express | 1 July 2019 | 1,052 times
A Federal High Court sitting in Lagos on Monday morning ordered the permanent forfeiture to the Federal Government, the sum of $8.4 million and another N9.2 billion linked to the wife of the former President, Dame Patience Jonathan.
“Justice Mojisola Olaterogun held that she failed to show reasonable cause why the funds should not be permanently forfeited,” according to a Channels TV report.
“The court found that the funds as claimed by the EFCC was reasonably suspected to be proceeds of crime pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act, 2006,” the report added.
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