YellowDanfo
LOCAL NEWS

Magel resort: Court orders forfeiture of N1.04bn left in a Bank

Court upholds seizure of N2.4bn linked to Mrs Patience Jonathan
Court upholds seizure of N2.4bn linked to Mrs Patience Jonathan

Justice Lewis Allagoa of a Federal High Court in Kano has ordered the final forfeiture of N1.04billion naira allegedly abandoned in the account credited to one Magel resort limited linked to Patience Jonathan

According to a report by the Economic and Financial Crimes Commission (EFCC), the forfeiture was as a result of a motion exparte filed by the Commission seeking for the interim forfeiture of the sum of N1,000,494,000 (One Billion Four and Ninety Four Thousand Naira) only found hidden away in the bank account of Magel resort limited a company linked to the former first lady of Nigeria, Patience Jonathan.

The court further ordered that the forfeited sum from Magel resort limited be deposited in the Treasury Single Account of the Federal Government.

Related posts

PHOTO: President Buhari Declares June 12 As New Democracy Day Celebration In Nigeria

yellowdanfo

Niger Republic: Tinubu Writes Senate On Military Action

yellowdanfo

A Court in Awka frees Ozubulu massacre suspects

yellowdanfo

Southern Kaduna: NAF Deploys Special Forces To Boost Security

yellowdanfo

NAF Successfully Fabricate Auxiliary Power Unit Test For Aircraft

yellowdanfo

Buhari Hails Akin Adesina On His Re-election As AfDB President

yellowdanfo

Omokri Hails Buhari For Using Miyetti Allah To Rescue Schoolboys

yellowdanfo

22-year-old Chika Alex-Chukwuezie commits suicide in Anambra

yellowdanfo

Nigeria’s Oscar entry ‘Lionheart’ disqualified for large English dialogue

yellowdanfo

Wayas: President Buhari Mourns Former Senate President

yellowdanfo

Leave a Comment