BREAKING: Patience Jonathan loses in court, forfeits N1.0004bn to Federal Government

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Former First Lady, Patience Jonathan, has forfeited temporarily N1.0004 billion to the Federal Government.

According to the News Agency of Nigeria, the interim forfeiture followed a court order secured by the Economic and Financial Crimes Commission, EFCC.

The money was lodged in three deposits with Fidelity Bank Plc on 20th and 25th May 2015.

The forfeiture order by the Federal High Court sitting in Kano and presided over by Justice A. Lewis-Allagoa is consequent upon a motion ex parte filed by the Commission seeking for the interim forfeiture of the money.

The money was found in the account of Magel Resort Limited, a company linked to the former First Lady.

The Commission had information that a bank account domiciled in Fidelity Bank, had a huge sum of money that was not being used by anybody.

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