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Senate Asks Banks to Unfreeze Patience Jonathan’s Account

Farouk Mohammed
By Farouk Mohammed
Published: October 19, 2017
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The Senate has called for the unfrozen of the bank accounts belonging to former first lady Patience Jonathan.

The red chamber’s committee investigating the petitions against the freezing of Jonathan’s accounts took the directive on Wednesday.

The Senate Committee on Ethics, Privileges and Public Petitions, headed by Sen. Sam Anyanwu, observed that some of the accounts were frozen based on some administrative lapses.

According to the Committee, one of the accounts which is with the Stanbic IBTC Bank, had not breached any known law or due process.

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The Committee also directed that the account with Zenith Bank must be re-opened because the court order which directed that it should be frozen had been vacated bpp

The committee members were particularly displeased with what they called arbitrary manner in which the Economic and Financial Crimes Commission (EFCC) used the banks to close the accounts without complying with due process of law.

After listening to the committee, bank executives present informed the lawmakers that the court order vacating the earlier ones relied upon by the EFCC to close the accounts were not made available to them.

Consequently, they promised to re-open those accounts having been made to known of the vacation order.

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The committee expressed shock that the banks could rely on ordinary letter by the EFCC anticipating a favourable ruling to free Customers’ accounts.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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