Four companies linked with former First Lady, Dame Patience Jonathan have been convicted of laundering $15.5 million domiciled in Skye Bank accounts. The conviction was made by Justice Babs Kuewumi in a Lagos High Court on Wednesday.
The four firms namely: Avalon Global Property Development Company Limited, Pluto Property and Investment Company Limited, Seagate Property Development and Investment Company Limited and Trans Ocean Property and Investment Company Limited had their accounts frozen by the Economic and Financial Crimes Commission after investigations into dealings by erstwhile Special Adviser to former President Goodluck Jonathan on Domestic Affairs, Waripamo-Owei Dudafa.
The companies had pleaded guilty to the charges on September 15, 2016 when arraigned in court.
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