4 Companies Plead Guilty to Laundering $15M for Patience Jonathan
The Economic and Financial Crimes Commission, EFCC, has made a major breakthrough in its case against Dame Patience Jonathan, wife of former President Goodluck Jonathan, as the four companies charged alongside a former presidential adviser, Waripamo Dudafa, and two others, for money laundering have pleaded guilty to the offence.
At a Federal High Court sitting in Lagos Thursday, the four companies pleaded guilty to conspiring with Dudafa and the two others to launder a sum of $15,591,700 for the former First Lady, Punch writes.
Dudafa had opened the four companies to help launder the $15, 591,700 for Dame Patience of which she was the sole signatory.
The companies in question 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.
Following an investigation of the former presidential adviser, the EFCC had since frozen the $15.6m found in the four companies’ accounts in Skye Bank.
Dame Patience had filed a fundamental rights suit to the tune of N200 million against the EFCC after the accounts were frozen, claiming that the money was meant for her medical expenses.
Details to follow…