Thursday, November 3, 2016

Court convicts firms of laundering Patience Jonathan’s $15.5m

A Federal High Court in Lagos on Wednesday convicted four companies of laundering $15.5m kept in their accounts with Skye Bank.

 The companies – Pluto Property and Investment Company Limited; Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited and Avalon Global Property Development Company Limited – are linked with a former Special Adviser on Domestic Affairs to ex-President Goodluck Jonathan, Waripamo-Owei Dudafa.
The Economic and Financial Crimes Commission had in August frozen the accounts of the four companies and seized the $15m in the course of probing Dudafa for money laundering.http://punchng.com/court-convicts-firms-laundering-patience-jonathans-15-5m/

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