A Federal High Court yesterday in Lagos granted an order to temporarily freeze the money to the tune of N350m allegedly traced to the account of Patience Jonathan.
EFCC said the money which is domiciled in Stanbic IBTC was allegedly moved to an account belonging to AM-PM Global Network Limited at the time the former first lady was serving in Bayelsa as Permanent Secretary. The Economic and Financial Crimes Commission (EFCC) said Mrs. Jonathan enriched herself unlawfully with the money in question. According to the investigating officer to EFCC, Yahaya Musbahu said the Commission received an intelligent report how between 20th June 2012 and 15th November 2013, AM-PM Global Network Limited received through its Diamond Bank account number 0026718889, the sum of N1,206,950,000 and later the said company opened another account with Stanbic IBTC where the total sum of N350million was transferred from its account in Diamond Bank to the one in Stanbic IBTC. He said this is unlawful enrichment and a frantic effort by Mrs. Patient Jonathan to dissipate the funds.
The judge in- charge, Hadiza Rabiu- Shagari granted Economic and Financial Crimes Commission (EFCC) ex-parte application filed by Lawyer to EFCC, Rotimi Oyedepo. He also granted the order asking the Stanbic IBTC management to temporarily freeze the account pending the outcome of the investigation and if need be the prosecution of the case.