Advertisement

Responsive Advertisement

How Bola Shagaya Laundered N3.3bn For Jonathan – EFCC

  
The Economic and Financial Crimes Commission (EFCC) has urged Judge Oluremi Oguntoyinbo of a Federal High Court in Lagos not to unblock a bank account of Unity Bank with a balance of N1, 902,673,399.93 belonging to a woman business, Hajiya Bola Shagaya. In a counter-affidavit filed against Shagaya's application to thaw the account, the anti-corruption agency, through one of its agents, Musbahu Yahaya Abubakar, argued that the money represented a total of of 3,305,150,000 N "Women for Change" is led by a former First Lady, Lady Patience Jonathan. ...
The EFCC claimed that the N3.3 billion was realised through Shagaya’s “fraudulent activities in the Nigerian National Petroleum Corporation (NNPC),” where she allegedly “influenced the fraudulent allocation of Dual Purpose Kerosene to Index Petrolube Africa Ltd., with the aid of Mrs. Jonathan.”
The N3.3 billion was said to have been paid by Index Petrolube Africa Ltd. and its sister company, Autodex Nigeria Limited. The EFCC, while revealing that the two companies are owned by one Honourable Ezeani ThankGod, also posited that the reason behind the N3.3 billion payments was to “fraudulently facilitate Dual Purpose Kerosene to ThankGod’s company, Index Petrolube Africa Ltd.”
The anti-graft agency further claimed that out of the N3.3 billion, Shagaya had “paid a cumulative sum of N1,212,000,000 to the former first lady, through her account, ‘Women for Change Initiative’ account domiciled in Diamond Bank, to which she is the sole signatory.”
She added that after paying Jonathan 1.2 billion Naira, Shagaya kept the balance of 1.9 billion naira by "storing" the same thing in her personal bank account in Unity Bank. The commission also claimed that it was on this basis that it obtained an order from Judge Muslim Hassan of the Federal High Court in Lagos on December 29, 2016 to freeze the account. However, the businesswoman, through her lawyer, Napoleon Emeaso-Nwachukwu, claims that she was not heard fairly before Judge Muslim Hassan issued the freezing order. She urged Judge Oguntoyinbo to quash the order, declaring it unconstitutional, null and void. She claimed that this violated her right to own personal property as guaranteed by Article 44 (1) (k) of the Constitution. In a 19-paragraph affidavit filed by a certain Sulaiman Aliu, the businesswoman said she feared that the ex parte May 17. Meanwhile, the anti-corruption agency questioned Senator Stella Oduah on a alleged fraud of N9.4 billion on security facilities. some airports. According to well-informed sources, who informed New Telegraph of the developments, the senator representing Anambra North arrived at the headquarters of the commission around 11 am She urged Judge Oguntoyinbo to quash the order, declaring it unconstitutional, null and void. She claimed that this violated her right to own personal property as guaranteed by Article 44 (1) (k) of the Constitution. In a 19-paragraph affidavit filed by a certain Sulaiman Aliu, the businesswoman said she feared that the ex parte May 17. Meanwhile, the anti-corruption agency questioned Senator Stella Oduah on a alleged fraud of N9.4 billion on security facilities. some airports.


Räägi sõbrale... #AFRICA ... spill TEA ABOUT THE TOPIC ABOVE.... Easy on Shade #jaiyeorie

Post a Comment

0 Comments