ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home National

Court orders forfeiture of N1.04bn traced to Patience Jonathan

2nd February 2019
in National
0
DR Congo poll: Apex court upholds Tshisekedi’s victory
3
SHARES
863
VIEWS
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission, EFCC, has secured an interim forfeiture of the sum of N1,000,494,000 (One billion, four hundred and ninety-four thousand naira) lodged in three deposits with Fidelity Bank Plc, on 20th and 25th May, 2015.

The forfeiture order by Federal High Court sitting in Kano and presided over by Justice A. Lewis-Allagoa is consequent upon a motion ex parte filed by the Commission seeking for the interim forfeiture of the money, which was found in the Bank account of Magel Resort Limited, a company linked to the former First Lady of Nigeria, Patience Jonathan.

The Commission had gotten an intelligence report that the bank account domiciled in Fidelity Bank, had a huge sum of money that was not being used by anybody.

Are you a Man 40 yrs and above? Do not miss the Vital Information, it goes off in 2 days! CLICH HERE to READ .

Upon receipt of the report, the EFCC swung into action and conducted preliminary investigation, which revealed that Patience and some relatives of former president, Goodluck Jonathan were directors of the Company. Others named as directors are Oba Oba Tamunotonye, Goodluck Jonathan Aruera, Goodluck Jonathan Ariwabai and Esther Fynface.

100% Natural Herbs to Finally End Premature Ejaculation, Weak Erection and Small Manhood. >>>Click Here for Details<<< .

In trying to trace the origin of the money, it was discovered that N500,000 was deposited on the 20th of May, 2015 by Fynface, who is alleged to be in charge of the company, while N1 billion was transferred in two tranches on the 25th May, 2015 from PAGMAT OIL AND GAS NIGERIA LIMITED, a company said not to be incorporated with the Corporate Affairs Commission.

Ruling on the motion, Justice A. Lewis-Allagoa held that: “An interim forfeiture order is granted to the Federal Government in the sum of N1,000,494,000 (one billion, four hundred and ninety four thousand naira only) in the Bank account of the 1st respondent Magel Resort Limited 4011019546 which is maintained with 2nd respondent Fidelity Bank Plc”.

Breaking!!! Earn up to N2 - N3 million monthly GUARANTEED (all paid in US Dollars). No training or refereal required. Do business with top USA companies like Amazon, Tesla, Facebook, IBM, Netflix, Zoom, etc. Learn more .

The court further ordered that the forfeited sum be deposited in the Treasury Single Account of the Federal Government.

afronaija

afronaija

Related Posts

Take the battle to bandits’ enclaves, Matawalle urges military
National

Take the battle to bandits’ enclaves, Matawalle urges military

26th May 2022
Former Reps member secures PDP governorship ticket in Kwara
National

Former Reps member secures PDP governorship ticket in Kwara

26th May 2022
Kagara school abduction,  attack on  Nigeria’s devt  –Obi
National

Prophet Gbujie expresses shock over Peter Obi’s resignation from PDP

26th May 2022
Next Post
Outrage as Buhari suspends Onnoghen

Onnoghen’s suspension Northern agenda –Ozekhome, Annkio Briggs

Buhari frustrated over Atiku’s successful trip to US – PDP

Gombe PDP campaign DG defects to APC

US, UK take hard stance on Nigeria’s elections

2019 election tears Ohaneze leadership apart

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Highlights

Prophet Gbujie expresses shock over Peter Obi’s resignation from PDP

Umar, ex-SSG, clinches PDP Sokoto Guber Ticket

Kaduna PDP primaries: Isa Mohammed Ashiru picks ticket for 2023 governorship race

Lagos State partners with Finland to boost its comprehensive schools programme

APC Primary: Ekiti House of Reps aspirant protests alleged ‘doctored’ delegates’ list

Breaking: Caleb Mutfwang wins Plateau PDP guber primaries

Trending

Take the battle to bandits’ enclaves, Matawalle urges military
National

Take the battle to bandits’ enclaves, Matawalle urges military

26th May 2022
0

Gov Bello Matawalle of Zamfara on Wednesday urged the Nigerian military to take the battle against bandits...

Texas shooting: UNICEF urges leaders to keep schools safe

Texas shooting: UNICEF urges leaders to keep schools safe

26th May 2022
Former Reps member secures PDP governorship ticket in Kwara

Former Reps member secures PDP governorship ticket in Kwara

26th May 2022
Kagara school abduction,  attack on  Nigeria’s devt  –Obi

Prophet Gbujie expresses shock over Peter Obi’s resignation from PDP

26th May 2022
Umar, ex-SSG, clinches PDP Sokoto Guber Ticket

Umar, ex-SSG, clinches PDP Sokoto Guber Ticket

26th May 2022

Follow us on social media:

Latest News

  • Take the battle to bandits’ enclaves, Matawalle urges military
  • Texas shooting: UNICEF urges leaders to keep schools safe
  • Former Reps member secures PDP governorship ticket in Kwara
  • Prophet Gbujie expresses shock over Peter Obi’s resignation from PDP
  • Umar, ex-SSG, clinches PDP Sokoto Guber Ticket
  • Kaduna PDP primaries: Isa Mohammed Ashiru picks ticket for 2023 governorship race
  • Lagos State partners with Finland to boost its comprehensive schools programme
  • APC Primary: Ekiti House of Reps aspirant protests alleged ‘doctored’ delegates’ list
  • Breaking: Caleb Mutfwang wins Plateau PDP guber primaries
  • Kaduna PDP primaries: Isa Mohammed Ashiru picks ticket for 2023 governorship race
  • Huge investment opportunities abound in Nigeria –Glazebrook, Commonwealth chief executive
  • Galatasaray sacks two Nigerians
  • Man U submits offer for Osimhen
  • NIS DG wins peace, transparency award
  • CHAN: Home-Based Eagles to know opponents today
  • Calvin Bassey’s ex-girlfriend shares his strength
  • Semenya claims she offered to show private part to IAAF officials
  • Kida faction disowns IMC for basketball
  • NIS DG wins peace, transparency award
  • Peseiro: I want to rule Africa with Nigeria

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....