Court convicts the 4 companies allegedly used to launder Patience Jonathan’s $15.5m

A Federal High Court sitting in Lagos, yesterday, convicted four companies allegedly used by Waripamo-owei Emmanuel Dudafa, a former Special Assistant to President Goodluck Jonathan to siphon $15.5m. But Patience Jonathan had sued the EFCC and Skye Bank, claiming ownership of it.
Delivering judgment after reviewing the charge by the, EFCC prosecuting the case, Justice Babs Keuwunmi pronounced all the four companies guilty as charged.

Justice Kuewumi however declined to pronounce sentence on them, saying that their sentence will be determined at the conclusion of trial of other accused persons in the matter. He subsequently adjourned till December 14 for the trial of Dudafa, Briggs and Bolodeoku.
He said: “in view of the facts stated by the prosecutor, and based on the evidence tendered and based on the agreement of the companies’ directors, the prosecution has proved its case beyond reasonable doubt.
The companies are found guilty in count 2,3,4,5,6,7,8, and 9. In order not to prejudice the case of first, second and third defendants, sentencing them is hereby reserved pending the end of the trial of the first, second and third defendants,” he held.
The companies convicted are: Pluto Property and Investment Development Company (IDC) Limited, Seagate Property and IDC Limited, Transoceanic Property and IDC Limited, and Avalon Property and IDC Limited.
The purported companies’ directors who pleaded guilty on behalf of the companies and agreed with facts reviewed by the prosecutor are: Friday Davis: Agbo Baro, Kola Fredrick; Taiwo Ebenezer and China John.
The four companies were charged alongside a former Special Assistant to President Jonathan, Waripamo-owei Dudafa, a lawyer, Amajuoyi Azubike Briggs, and Adedamola Bolodeoku, a senior Staff of Skye Bank Plc.