20.9.16

Money laundering: Four companies linked to Patience Jonathan's $15million plead guilty


Four companies involved in a money laundering case linked to former First Lady, Patience Jonathan, pleaded guilty before Justice Babs Kuewumi of a Federal High Court in Lagos today Sept. 15th.

According to Premium Times, the four companies- Pluto Property and Investment Company Limited; Seagate Property Development and Investment Company Limited; Trans Ocean Property and Investment Company Limited; and Avalon Global Property Development Company Limited; all pleaded guilty to conspiring with former Special Adviser on Domestic Affairs to ex-President Goodluck Jonathan, Waripamo Dudafa, and two others to launder the sum of $15, 591,700.
The former First lady in a letter to the EFCC, claimed ownership of the accounts owned by the four companies that are currently being investigated for fraud.







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