Dame Patience Jonathan, the wife of former President Goodluck Jonathan, may forfeit to the Federal Government, a N10bn hotel allegedly belonging to her if she fails to explain how she came about some funds allegedly traced to her accounts.
This is one of the questions she may have to answer as the Economic and Financial Crimes Commission continues investigation into the $20m found in five accounts she has laid claim to. The hotel, which is known as Aridolf Resort Wellness and Spa, Yenagoa, was inaugurated by Patience in April 2015, barely a month before the end of her husband’s tenure.
The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay, told our correspondent that the EFCC had the right to investigate anybody who was living above his or her means.
He said anybody, who failed to do so, could risk forfeiture of properties believed to have been obtained through stolen funds or could lose funds traced to him or her.
Sagay, a Senior Advocate of Nigeria, wondered how Patience, who was a civil servant and never held any government position, could have billions in her bank accounts.
He said, “The EFCC and ICPC Acts have provisions under which they can ask the court to freeze the account of a person if a person’s capacity to earn is below the amount of money that the person appears to have.
“If you are living a lavish lifestyle and it appears you don’t have the means to have acquired the property and the wealth you have, the EFCC is free to probe you.”