TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Court freezes Patience Jonathan’s bank accounts

The Citizen by The Citizen
December 24 2016
in Financial Crimes, Headlines
A A
0

The Federal High Court Lagos has frozen all the bank accounts of former First Lady Patience Jonathan suspected to be proceeds from crime.

One of the accounts has a balance of $5,316.66.

The presiding judge, Justice Mojisola Olatoregun, while granting the order freezing the accounts ordered the Economic and Financial Crimes Commission (EFCC) to file an undertaking in relation to damages payable by it if it turns out that the order should not have been made.

This is sequel to a further affidavit in support of ex-parte originating summons sworn to by Mr. Abdulahi Tukur, an EFCC operative and filed before the court by EFCC prosecutor, Rotimi Oyedepo requesting the court to urgently direct the managers of the bank accounts contained in the schedule filed with the summons (FHC/L/CS/1343/16) to, in the interim, forfeit the money in the accounts, to prevent further tampering with such.

Also affected by the order are five companies which are Finchley Top Homes Limited, Aribawa Aruera, Magel Resort Limited, AM -PM Global Network Limited Pansy Oil and Gas Limited.

Finchley Top Homes Limited is alleged to have fraudulently opened a bank account with a current balance of N226,376,700.23 and a fixed deposit with a balance of N1,099,511,484.88.

The company also fraudulently opened other accounts.

These accounts are with various current balances of N14,173,848.85; N1,800,494,000; N40,594,12.88; and N39,418,712.12.

Aribawa Aruera Reachout Foundation opened an account and has a closing balance of N479,893,431.01; while Magel Resort Limited accounts have subsisting balances of N1,000,494,000.

The company also operates two other accounts which have balances of N858,923,982, and N174,166,207.00.

AM-PM Global Network Limited opened an account that has a balance of N7,213,303.50.

The account opened by Pansy Oil and Gas Limited has a current balance of N1,809,666,494.68 and another has a balance of N55,930,024.50.

Also affected is one Esther Oba.

Esther Oba has a balance of $429,381.87 in her account while the companies collectively have balances totaling N7,418,829,290.94 (seven billion four hundred and eighteen million eight hundred and twenty nine thousand two hundred and ninety naira ninety four kobo) in six commercial banks.

Esther Oba was found to have opened an account with a current balance of $429,381.87.

The EFCC said it carried out analyses after receiving an intelligence report, which showed that the accounts ought to be investigated.

As such, Mr. Tukur averred that it would serve the course of justice to grant the application for such. – The News.

Previous Post

Fulani herdsmen abduct youth corps member, demand N15m ransom

Next Post

Why Buhari didn’t attend South-East economic, security summit— Presidency

Related Posts

NFF Crisis: Tinubu orders comprehensive reform of Nigerian football
Headlines

‎Economy: Whoever says fuel subsidy will return is lying – Tinubu

November 10 2026
Ex-NNPC boss Kyari appears before Senate panel
Financial Crimes

Ex-NNPC boss Kyari appears before Senate panel

November 10 2026
US Congress schedules hearing on violence in Nigeria
Headlines

US Congress schedules hearing on violence in Nigeria

November 10 2026
FG outlines criteria for N50k cash grant beneficiaries
Headlines

FG outlines criteria for N50k cash grant beneficiaries

November 5 2026
Ogun illegal refinery had 90,000-litre underground tank – NMDPRA
Financial Crimes

Ogun illegal refinery had 90,000-litre underground tank – NMDPRA

November 5 2026
ADC demands suspension of tax laws over modification allegations
Headlines

BREAKING: Court sacks Mark-led ADC NWC, nullifies Atiku’s candidacy

November 5 2026
Next Post

Why Buhari didn’t attend South-East economic, security summit— Presidency

Players pay to play for national teams, says Amokachi

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Makinde swears in four Oyo permanent secretaries

Makinde swears in four Oyo permanent secretaries

by The Editor
November 10 2026
0

...

Enugu APC releases updated campaign council list

by The Editor
October 31 2026
0

...

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

ODDITIES

Man stabs neighbor to death over roasted meat

Man stabs neighbor to death over roasted meat

by The Editor
November 5 2026
0

US pastor marries second wife, says monogamy unbiblical

US pastor marries second wife, says monogamy unbiblical

by The Editor
October 26 2026
0

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

GLOBAL NEWS

US warns citizens against travel to 23 countries

US warns citizens against travel to 23 countries

by The Editor
November 10 2026
0

...

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

by The Editor
November 2 2026
0

...

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

by The Editor
November 2 2026
0

...

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

by The Editor
October 27 2026
0

...

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

by The Editor
October 27 2026
0

...

State of the States

Kano closes schools for Eid-el-Kabir

Kano governor unveils N50,000 grants for 5,200 women

by The Editor
November 10 2026
0

...

Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

by The Editor
October 31 2026
0

...

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Gombe confirms cholera outbreak, treats 74 patients

Gombe confirms cholera outbreak, treats 74 patients

by The Editor
October 21 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest

Retired police officers occupy PenCom, threaten fresh war over pension scheme

November 10 2026
Dangote Cement begins Ivory Coast operations

Dangote pulls plug on London listing of cement empire

November 10 2026
Nobody can pretend life is easy at the moment, says Gbajabiamila

Nobody can pretend life is easy at the moment, says Gbajabiamila

November 10 2026
NFF Crisis: Tinubu orders comprehensive reform of Nigerian football

‎Economy: Whoever says fuel subsidy will return is lying – Tinubu

November 10 2026

EDITORIAL REVIEW

There are drug addicts, vagabonds among traditional rulers, says Obasanjo

13% derivation: Fiscal federalism to the rescue – Punch

by The Editor
November 10 2026
0

Nigeria’s damning food affordability crisis – Punch

Nigeria’s damning food affordability crisis – Punch

by The Editor
November 2 2026
0

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Nigeria’s inflation rate falls to 15.43% in July

Economic stability must become shared prosperity – Punch

by The Editor
October 22 2026
0

Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

by The Editor
October 21 2026
0

Opinion

NAFDAC mops up Europharm products nationwide

What is a Nigerian’s life worth?

by The Editor
November 2 2026
0

...

Blackouts: Broken promises, powering failure – Punch

The revenge of Band A

by The Editor
October 27 2026
0

...

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.