Companies Admit To Laundering Money For Patience Jonathan

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Four companies charged with money laundering alongside a former Special Adviser on Domestic Affairs to ex-President Jonathan, Waripamo Dudafa, and two others, have pleaded guilty to the offence.

PUNCH reports that the companies pleaded guilty to conspiring with Dudafa and the two others to launder a sum of $15, 591,700 before a Federal High Court in Lagos on Thursday.

The companies are Pluto Property and Investment Company Limited; Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited and Development Company Limited and Avalon Global Property Development Company Limited.






     

     

    The Economic and Financial Crimes Commission had since frozen the $15.6m found in the four companies’ accounts with Skye Bank.

    But wife of ex-President Jonathan, Patience, has sued the EFCC and Skye Bank, claiming ownership of the money and saying that the EFCC violated her fundamental human rights by freezing the accounts without informing her.

    She asked the court to order the anti-graft agency to unfreeze the accounts and pay her N200 million in damages.

    The EFCC, however, revealed that an additional $5 million was traced to another Skye bank account in the name of the former first lady.

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