Final forfeiture hearing in ‘Patience Jonathan’s’ $5.78m, N2.4b to resume October 7

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A Federal High Court in Lagos on Monday adjourned till October 7 to hear a motion seeking the final forfeiture of the $5.78 million and N2.4 billion linked to former First Lady, Dame Patience Jonathan.

Justice T. G. Ringim fixed the date after taking arguments from counsel to the parties in the matter.

The Economic and Financial Crimes Commission (EFCC) filed the application for forfeiture in 2017 before Justice Mojisola Olatoregun.

The defendants in the suit were Mrs. Jonathan alongside LA Wari Furniture and Bathes.

According to the EFCC, the funds belonged to the ex-First Lady.

The money was said to be warehoused in two new generation banks.

At the resumed hearing of the matter yesterday, EFCC counsel, Mr. Rotimi Oyedepo, told Justice Ringim how far the matter had gone.

Counsel to Mrs. Jonathan, Mr. Ifedayo Adedipe (SAN) and Gboyega Oyewole (SAN), also informed the judge that the case was adjourned for mention because it was coming up for the first time before him.

But counsel to the companies, Chief Mike Ozekhome (SAN), urged the court to adjourn the matter on the premise that it was starting afresh and that he intended to file an application challenging the constitutionality of the proceedings.

In a bench ruling, Justice Ringim held that a proceeding of this nature was a special one and could not be truncated by any application.

He adjourned further proceedings till October 7.

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