Patience Jonathan, former First Lady, on Monday, lost the bid to unfreeze her account, containing $15.591 million by the Federal High Court, Lagos
According to Justice Mohammed Idris, all the defendants formulated different stories concerning the money asides that told by the plaintiff in the originating summons, which he said was unacceptable.
His words: “The issues formulated by all the defendants are baseless. They go to no issue and will be ignored by the court.”
The judge also said there were inconsistencies as to issues and facts concerning the money’s ownership, adding that where processes are not properly prepared; any defect would ruin the proceeding.
The Economic and Financial Crimes Commission, EFCC had prayed the court not to unfreeze the account alleging the said money was proceeds of crime.
Last year September, Skye Bank Plc, Jonathan’s former aide Waripamo-Owei Dudafa, Pluto Property and Investment Company Ltd, Seagate Property Development and Investment Company Ltd, Trans Ocean Property and Investment Company Ltd and Avalon Global Property Development Ltd, were arraigned before Justice Babs Kuewumi of the same court for money laundering
The companies, through their representatives, had pleaded guilty to the 17-count charge.
By Bright Bassey