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Reading: Breaking news! Court releases Patience Jonathan’s $5.9m account in SkyeBank
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Breaking news! Court releases Patience Jonathan’s $5.9m account in SkyeBank

April 6, 2017 1:00 pm
The Capital
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Those who summon the storm must never cringe from a storm cloud. But having beckoned the storm, Patience Jonathan cringes from its ravage like a spaniel fleeing the gusts of a snowstorm.While her husband, Goodluck Jonathan, was President, Patience wore chaos like a crown and stirred the hornet’s nest with reckless abandon.

She elevated strife and cut-throat politics from an eyesore to an art form. But no sooner did her husband lose his re-election bid than her impotence dawn on her. Patience is not so powerful and influential after all. Not with the incumbent government anyway. Little wonder she is on the radar of the Economic and Financial Crimes Commission (EFCC).

Recently, the EFCC froze Patience Jonathan’s personal bank account. Titled ‘Patience Ibifaka Jonathan,’ the account which is domiciled in Skye Bank Plc with a balance of $5million was frozen by the EFCC. The EFCC allegedly froze the account as a result of the prima facie case established against the former President Goodluck Jonathan’s wife.

However, the Federal High Court sitting in Lagos has ordered the Economic and Financial Crimes Commission to unfreeze the account. One of the accounts which contained $5.9m was frozen when the court presided over by Justice Mojisola Olatoregun in December 2016, had made the freezing order following an application for an interim injunction by the EFCC to that effect.

The EFCC had in an affidavit deposed to by one of its operatives, Mr. Abdulahi Tukur, told the judge that suspected proceeds of crime were retained in the accounts and urged the judge to urgently freeze the accounts pending the conclusion of its investigations.

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