Thursday, 20 October 2016

Patience Jonathan explains How She Made $15m In 15 Years


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 There have  ruining battle between wife of former Nigerian President, Patience Jonathan and Economic and Financial Crimes Commission, over the  $15million in several bank accounts linked to her. Mrs Jonathan who had earlier the anti craft agency for unlawfully freezing accounts,  has explained how she accumulated in 15 years $15million in several bank accounts linked to her.
READ:
“The funds in question were legitimate gifts from her friends and well-wishers over the last 15 years which she had been saving in order to utilize to upgrade family businesses and concerns which had been somewhat dormant by reason of the long period of her husband service as a public officer in Nigeria.

“The gifts were given in small contributions by several persons some of whom she cannot even now recall over this period of 15 years sometimes in as small a gift as N250,000 Naira.
In order to preserve the value of these funds which she did not require for any purpose at the time she changed them into foreign exchange and kept them as cash for a long period in her home safe in Port Harcourt and Abuja.
 It was when the family home in Otuoke was burnt down by hoodlums under the instigation of political adversaries in 2010 that she began to think about banking these gifts which had now grown to large sums in United States Dollars.
In 2010 she therefore summoned one of her husband’s domestic aides, Waripamo-Owei Emmanuel Dudafa to assist her in opening bank accounts into which the funds could be deposited.”
“Unknown to her the said Dudafa in a bid to be discreet about the owner of the funds decided to bank the funds in the names of companies owned by him. When she discovered this she was constrained to continue with the names of the companies when she was advised that it did not make any difference as to the ownership of the funds since the director of the company would appoint her as sole signatory to the accounts in question.”
 

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