Stella Dimoko Korkus.com: US Judge Grants FG Access To 10 Accounts Belonging To Former President Jonathan And His Wife Patience..

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Wednesday, May 13, 2020

US Judge Grants FG Access To 10 Accounts Belonging To Former President Jonathan And His Wife Patience..

Justice Luma Schofield of the New York Federal High Court, US, has granted Nigerian Government’s request to access 10 bank accounts of former politicians, including former President Goodluck Jonathan, and his wife Patience.






US based legal website, Law360 reports that District Judge Schofield, ordered the banks to allow the President Muhammadu Buhari government access to sundry account details of officials listed in its subpoena request.

According to the judge, the move would enable the Nigerian government prove its claim that the $9.6 billion arbitration was obtained by Process and Industrial Development (P&ID) by fraud.


In a bid to overturn a $9.6 billion judgement by a UK court, Nigeria government had last month asked the federal court in New York for permission to access information about transactions involving Jonathan and his wife and others.

The transaction with Process & Industrial Developments Ltd., was carried during the administration of Goodluck Jonathan

The Nigerian government is looking for any chance to prove that the 2010 gas supply arrangement was a sham and annul the giant penalty it incurred.

The matter escalated last August when a UK judge ruled that P&ID could enforce an arbitration tribunal’s 2017 ruling, now totaling $9.6 billion including interest, which found Nigeria breached the agreement.

Nigeria and Malami’s application seeking to access the bank details of the former political office holders was filed by Alexander Pencu, a partner of Meister Seelig & Fein LLP, attorneys.

The applicants said the information being sought are meant for use in “ongoing foreign criminal investigations and criminal proceedings in the Federal Republic of Nigeria (the “Nigerian Proceedings”).”

“The requested discovery will assist applicants in the Nigerian Proceedings to investigate and prosecute individuals and entities that participated in, and were enriched by, P&ID’s fraudulent scheme,” it added.

The applicants also sought the intervention of Citibank, or any of its officers to testify in the case.

Other former political office holders named in the subpoena are Taofiq Tijani; Grace Taiga; Mohammad Kuchazi; one Michael Quinn, who died in 2014; James Nolan; Adam Quinn; and Ibrahim Dikko, as well as a former Attorney-General and Minister of Justice, Mohammed Bello Adoke.

Mr Pencu listed the banks involved to include “Citibank, N.A. (“Citibank”) , Allied Irish Banks plc (“Allied Irish”), HSBC Bank USA (“HSBC”), Standard New York, Inc. (“Standard New York”), Deutsche Bank Trust Co. Americas (“Deutsche Bank”), J.P. Morgan Chase (“JPMorgan”), United Bank for Africa (“UBA”), Bank of Cyprus, Fortis Private Banking Singapore Limited (“Fortis”), and Standard Chartered International (USA) Ltd. (‘Standard Chartered”).
from dailypost

28 comments:

  1. But we had heard for years that he doesn't have any foreign account/s. Why did the US protect him for this long? I wonder what they want.

    ReplyDelete
    Replies
    1. The same will happen to buhari when he steps down

      Delete
  2. Naija ninja!

    They'll start calling this witch-hunting. Smh.

    ReplyDelete
    Replies
    1. Only the fools who will continue to live in their own furry of calling him their hero will call this witch hunting and they are plenty here.

      Delete
  3. Nice one!!!! Buhari and APC gangsters will sure go through this as soon as they leave office..... Thumbs up to the judge

    ReplyDelete
  4. Na covik-19 cure we want now.

    ReplyDelete
  5. So he has a foreign bank account but we have always heard that he has nothing outisde Nigeria.
    These people are and lies.
    I know we go soon dey hear witch hunt from some people 😂.

    ReplyDelete
    Replies
    1. As if they lie more than this current government..

      Delete
  6. There is nothing wrong with that.
    What is absolutely wrong is that, other
    former head of states; Atiku, IBB, Shagari etc.
    aren't being investigated. Selective justice is no
    justice.

    ReplyDelete
  7. This should be done to all thieving cohorts in Nigerian government, no exemptions, dead or alive, home or abroad.
    If only money recovered where used to pay off the nations debt, we would be at least be sure any found and returned loot won’t be “re-looted”
    That will give us some transparency on where this returned loots goes to.
    This cronyism and favoritism is another reason this country isn’t progressing.


    ReplyDelete
  8. 10 accounts just for a couple.
    GOD will catch all the fraudsters one by one

    ReplyDelete
  9. Super corruption fighting corruption. Let's see who wins

    ReplyDelete
  10. 10 different Bank accounts... This couple were the real definition of corruption
    #SMH

    ReplyDelete
    Replies
    1. Yes, they ran this country aground but acting like a saint.
      Jonathan was a total mess, a mistake of a man.

      Delete
  11. They are investigating his account because of a suspected sham deal with a foreign company during his tenure, This deal cud cost the country billions in debt. read to understand, it has nothing to do with Atiku, Ibb or selective anything. Kuti"s Opinion

    ReplyDelete
    Replies
    1. They understood but they are scared of the truth they have known about their hero being a corrupt leader is about to be in public.

      Delete
  12. They should live Jonathan alone
    If they want to start then let it be from other past president and head of state.
    Tinubu should be no1 on this table!

    ReplyDelete
    Replies
    1. The past head of state and Tinubu you mentioned were they part of this crisis that is about put on is debt,you better leave sentiment apart and hope he his clean because the greedy wife will surely knows alot and possibly use his account too for their family benefit.

      Delete
    2. And his wife's first son acting James bond here a.k.a Lord of the skies (Wike). He was the SME then. Dollars be flying everywhere.

      Delete
  13. Madam A,read to understand na. The accounts belong to Jonathan,his wife and other politicians.

    This is a good move.we need to recover all our looted monies.

    ReplyDelete
  14. I think this is mental slavery, instead of developing your country with the money, you decide to hide it in a foreign country so that they will in-turn develop theirs.

    I sometimes wonder if African leaders (some) have conscience at all.

    ReplyDelete
  15. I am not against this recovery of a thing. But I am asking. where are our recovered loots?

    ReplyDelete
  16. Way to go but don't stop at Jonathan. Go through all last head of States and governor's. Let it not be selective but total.

    ReplyDelete

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