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Read Why Patience Jonathan Begs For Urgent Settlement With EFCC

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Former First Lady, Mrs Patience Jonathan appears to be tired of fighting the Economic and Financial Crimes Commission in court and has asked for out-of-court settlement.

In a January 30, 2018 letter, titled “Proposal for out-of-Court Settlement of all cases related to Dame (Mrs.) Ibifaka Patience Jonathan,” she told the EFCC of her intention to settle the matter.

The letter, which was written by her counsel, Chief Ifedayo Adedipe (SAN), is being considered by the EFCC.

The letter said: “As senior counsel, representing Dame (Mrs.) Patience Jonathan (former First Lady) and companies linked to her and some family members, associates, companies and NGOs, we have thought it fit to engage your commission in a discussion over all issues involving her and the commission with a view to having amicable resolution of all cases as stated above.

“This will enable both sides create an atmosphere for mutual understanding and peaceful coexistence. We will therefore appreciate it, if you can give us an appointment at your earliest convenience to have a discussion over all matters involving her and members of her family.

“We believe that an amicable settlement will be in the best interest of both your commission and our client.

“We assure you of our utmost commitment and sincerity of purpose in this connection, and we solicit your cooperation in this regard. Please, accept the assurances of our warm regards.”

Her letter came as EFCC stumbled on more startling information on how she piled up dollar deposits in Skye and First banks, including how she lavished part of the money.

According to TheNation, she blew thousands of dollars at highbrow stores in various capitals of the world.

The cash came from $11,849,069.03, which the Economic and Financial Crimes Commission (EFCC) said 31 individuals and companies paid into her two domiciliary accounts.

The accounts, which are Skye Bank (2110001712) and First Bank (2022648664) had “questionable deposits” between 2013 and 2017.

The Skye Bank account had about $7,452,319.32 lodged in it. Detectives found $4,036,750.00 in the second account with First Bank.

The ex-First Lady allegedly spent the cash at TFS stores, Selfridges, John Lewis, Kingsgate, Sainsbury’s, Harrods, Marks and Spencer, Dolce and Gabbana, and Gina.

She went on a shopping spree in expensive outlets in the United States, Britain, Germany, Hong Kong, UAE, Italy and China.

The highest shopping was at Goyard Beijing in Beijing CN on January 28, 2014 where Mrs. Jonathan shelled out $28,388.72.

On the same day at Hulian Xinguang Beijing CN, she blew $13, 069.68 on some luxury items.

An EFCC source told The Nation that it iDVD considering the Former First Lady’s offer if settlement.

“We have received a letter from the ex-First Lady, we are studying it on whether or not to accept the out-of-court settlement or allow justice to take its course.”

Apart from the cash, the ex-First Lady is linked to 12 choice properties and a plot of land on which a building is being built.

The investigative team had recommended that Section 7 of the EFCC Establishment Act 2004 be invoked on the properties after due verification.

The assets linked to Mrs. Jonathan in Port Harcourt are: Former Customs Service officers mess; two duplexes at 2/3 Bauchi Street; landed property with blocks at Ambowei Street; 3 Luxury apartments of 4-bedroom each at Ambowei Street; and Grand View Hotel along airport road.

In Yenagoa, the Bayelsa State capital, are two marble duplexes at Otioko GRA by Isaac Boro Expressway; Glass House along Sani Abacha Expressway which is housing Nigerian Content Development and Monitoring Board; Akemfa Etie Plaza by AP filling Station, Melford Okilo Road; and Aridolf Resort, Wellness and Spa on Sani Abacha Expressway.

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Politics

Bauchi deputy governor resigns

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Nuhu Gidado, deputy governor of Bauchi state, tendered his resignation on Wednesday.
In a letter to Mohammed Abubakar, governor of the state, Gidado said though he wished to complete his tenure, he lost interest in the job along the line.
Describing Abubakar as “my brother and leader”, Gidado thanked the governor for giving him the opportunity to serve.
He also extended appreciation to the people of the state.
“Ordinarily, I should have remained up to the end of the tenure, but, with the currently dampened spirit and waning zeal as it relates to my official engagements, my continued stay will not be fair and truthful to you as my brother and leader,” the letter read.
Back in 2015 when he was sworn in, he took a 50 percent pay cut with the governor.
He had promised that youth restiveness would be given priority within the first 100 days of the administration.
“There is no two ways about it, we will go into the issue of youth restiveness from day one. We have that as a priority and have mapped out our plans and what we want to achieve,” he had said.
One of the highlights of his time in power was presiding over the state when Abubakar went for medical check-up in Saudi Arabia for 17 days.

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Keyamo reveals greatest mistake Obasanjo made as Nigeria’s President

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Festus Keyamo, activist lawyer and Director, Strategic Communications of President Muhammadu Buhari Campaign organisation has revealed the greatest mistake ex-President, Olusegun Obasanjo made during his regime as Nigeria’s President.
According to Keyamo, Obasanjo appointed some ‘crackhead’ into his cabinet with the hope that they would “stop sniffing the stuff.”
In a series of tweets on Wednesday, Keyamo said Obasanjo’s plans failed.
“The real greatest mistake that OBJ made as President was the appointment of some crackhead into his cabinet with the hope they would stop sniffing the stuff.
“Apparently, that didn’t work, hence years later, they’re still on the stuff & recalling things about PMB that never happened”, he wrote.
This is coming at a time when President Buhari hinted on the possibility of probing Obasanjo over the failed $16 billion power project.

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Politics

Abacha built roads, Obasanjo couldn’t provide power — six things Buhari said at Aso Rock meeting

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As preparations for the 2019 elections continue to gather momentum politicians have been holding strategic meetings. On Monday, former President Olusegun Obasanjo travelled to Ondo to meet Afenifere leaders.
On Tuesday, President Muhammadu Buhari who is seeking reelection, hosted the Buhari Support Organisation (BSO) at the presidential villa. The president who has hardly made negative comments about Obasanjo took a swipe at the elder statesman and surprisingly hailed Sani Abacha, a former head of state.
We take a look at six things Buhari said.
ABACHA BUILT ROADS
Buhari, who was appointed by Abacha as chairman of the Petroleum Trust Fund (PTF), dismissed opinions people might have against the late dictator and praised him for ensuring the construction of roads in Nigeria.
“No matter what opinion you have about Abacha, I agreed to work with him and the PTF road we did from here to Port Harcourt, to Onitsha, to Benin and so on,” he said, adding that “on top of other things in the institution, education, medical care and so on.”
OBASANJO, WHERE IS THE POWER YOU SPENT $16B ON?
A year after Obasanjo left office, the house of representatives said the $16billion spent on power by Obasanjo’s government was a colossal waste. The legislators blamed this on Obasanjo’s poor budget planning and a lack of proper oversight by relevant bodies.
Civil society orgnaisations had called for a probe, and while speaking with his supporters, Buhari rode on this, asking the former president where the power is.
“You know the rail was killed and one of the former Heads of State between that time was bragging that he spent more than $15 billion, not Naira on power. Where is the power? Where is the power? And now we have to pay the debts and this year and last year’s budget I took to the National Assembly was the highest in capital projects, more than N1.3 trillion Naira.”
OCCUPIERS OF THE NATIONAL ASSEMBLY HAVE BEEN DOING NOTHING
Buhari did not spare members of the national assembly whom he tagged as being unproductive.
“Let anybody come and confront me publicly in the National Assembly. What have they been doing? Some of them have been there for 10 years. What have they been doing?” he asked.
He added; “so really this country luckily for me I said it about eight years that we have no other country than Nigeria, we should remain here and salvage it together no matter what you have outside.”
FORMER PRESIDENTS FROM 1999 LEFT DEBT FOR ME
Buhari said he had to run to Godwin Emefiele, governor of Nigeria’s apex bank, to seek clarity on the country’s financial issue, when he learnt that previous governments had not saved, rather left debt.
“I have to repeat what I want the public to know here. Some of you may not have heard it. Either there is no power in you place or you have not even seen it on television. I said and I challenge anybody to check from Europe, Asia and America.
“Between 1999 and 2014, Nigeria was getting 2.1 million barrels per day and average cost of $100 per barrel. It went up to $143. So Nigeria was earning 2.1 million multiply by 100, multiply by 16 years, seven days a week. When we came, it collapsed to $37 – $38 and it was oscillating between $40 and $54 sometimes. I went to the Governor of Central Bank, thank goodness I did not sack him, he is still there. I went with my cap in my hand. He said there was no savings, only debt.”
CORRUPT PEOPLE DENYING THEIR LOOT
Buhari also raised concerns over people whom ill-gotten properties were traced to but denied owning them.
“Now we got some of the people with houses here, some in Abuja or somewhere in America and Europe, some of them swear to God that it doesn’t belong to them. But their accounts, through the banks, through their companies, it is clear it belongs to own. But they say it’s not their own.
“This is a terrible time and the people are saying what are we doing? Why can’t you lock them up? And again I went on telling them what I said when I was in uniform, younger and rather ruthless,

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