Categories: City Updates

Patience Jonathan’s Unfrozen $5.8m: EFCC Withdraws Applications Against Court Order

Ladipo Sanusi

The Economic and Financial Crimes Commission (EFCC), on Tuesday, withdrew its application before a Federal High Court, Lagos, seeking to deny former First Lady, Mrs. Patience Jonathan, access to her Skye Bank with a balance of $5,842,316.66

The account had earlier been frozen by an order of the court upon a request by the EFCC.

However, Justice Mojisola Olatoregun, on April 6, 2017, ordered the account unfrozen, after Mrs. Jonathan’s lawyer, Ifedayo Adedipe (SAN), successfully challenged the grounds on which the earlier order was granted.

Not satisfied with the latter order, the EFCC filed an application for stay of execution of the order and a notice of appeal challenging the judgment. The applications were dated April 6, and filed on April 7.

At the resumed hearing of the matter, on Tuesday, counsel to the EFCC, Mr. Rotimi Oyedepo, informed Justice Olatoregun of the anti-graft agency’s intention to discontinue the two applications.

He, however, gave no reasons for the agency’s decision.

Mrs. Jonathan’s lawyer also confirmed the service of the application for withdrawal on his client.

He further informed the court of his intention to withdraw Form 48 (notice of Committal to prison) and Form 49 (Committal to prison), which he had filed against Skye Bank Plc for failing to obey the order unfreezing his client’s account.

Following the submissions of both counsels, Justice Olatoregun granted the withdrawal of the EFCC’s applications, and the defendant’s Form 48 and 49.

Mrs. Jonathan is, consequently, free to continue to operate the account without any hindrance.

0
Editor

Recent Posts

Are The Grammys Relevant Outside the United States?

Building Credibility For nearly eight decades, the Grammy Awards have stood as the pinnacle of…

24 hours ago

Disputed 5.3bn Shares: Court Adjourns Barbican/FBN Holdings Suit as Ecobank’s Recusal Motion Remains Pending

Justice Ayokunle Faji has adjourned further proceedings in the suit filed by Barbican Capital Limited…

3 days ago

Los Angeles Protects Undocumented Immigrants from Trump’s Deportation Plans with Sanctuary Ordinance

Segun Atanda/ The Los Angeles City Council has approved a sweeping "sanctuary city" ordinance designed…

3 days ago

Trump Could Face Prison After Second Term, Prosecutors Say

Segun Atanda/ New York prosecutors have opposed dismissing President-elect Donald Trump’s conviction for falsifying business…

3 days ago

MC Oluomo Flouts Court Order, Assumes Office as NURTW President

Femi Ashekun/ In a bold and controversial move, Musiliu ‘MC Oluomo’ Akinsanya, has defied a…

3 days ago

Tinubu Sacks Nnamdi Azikiwe University VC, Registrar … Dissolves Council

Matilda Omonaiye/ President Bola Ahmed Tinubu has dissolved the Governing Council of Nnamdi Azikiwe University,…

3 days ago