September 13, 2016

$20million: FG may take over Patience Jonathan's N10bn hotel

Wife of former President Goodluck Jonathan, Patience Jonathan, may forfeit to Federal Government a N10bn hotel allegedly belonging to her if she fails to explain how she came about such huge funds allegedly traced to her accounts.

“This is one of the questions she may have to answer as the EFCC continues investigation into the $20m found in five accounts she has laid claim to.”

A source familiar with the case told Punch on Monday that they are uncovering more details.

The hotel 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.

According to a UK business newspaper, The Financial Times, the hotel, which has imported state-of-the-art furniture, can compete with other luxury hotels in developed countries.

The report states in part:
“The Aridolf Hotel in Yenagoa is an unlikely monument to kitsch on a reclaimed swamp in Nigeria’s oil-producing Niger Delta. In the lobby, Louis XIV furniture is accompanied by bowls of plastic fruit, faux Dutch landscapes and a grotesquely gaudy chandelier. The hotel is redolent of the riches on display in a region that for half a century has generated the bulk of Nigeria’s wealth.

“The Aridolf, which is owned by Patience Jonathan, wife of the former President, is symptomatic of how superficial progress has been in addressing the festering sense of marginalisation in the region, which remains desperately impoverished despite benefiting from a tide of petro dollars in recent years.”

The chairman Presidential Advisory Committee Against Corruption, Prof. Itse Sagay, said the EFCC had the right to investigate anybody who was living above his or her means.

He said anybody who failed to do so, risk forfeiture of properties believed to have been obtained by fraudulent means or through stolen funds or could lose funds traced to him or her.

Sagay, a Senior Advocate of Nigeria, wondered how Patience Jonathan, who was a civil servant and never held any government position, could have billions in her bank accounts.

10 comments:

eniola lawal said...

Good one

Adebisi Aderibigbe said...

Efcc must investigate properly and another hotel owned by her at d back of PEF Mabushi abuja

Adebisi Aderibigbe said...

EFCC must investigate properly bcoz she is having another big hotel at d back of PEF office Mabushi abuja where on earth can she get millions to build these hotel

Hassan Aderemi said...

The more you look, the less you see but God will judge & held them accountable for what they have done while in position of power.

Barnabas said...

SOME YEARS OF LOOTING THE STATE TREASURY.
8 YEARS OF LOOTING THE FEDERAL TREASURY.

Heartless thieves.

inumidun said...

Awón ole jatíjatí, using dere power given position as dey like n 2 dere selfish interest..

Olowo said...

What EFCC is waiting for take the dam hotel and put her ass in jail where she belongs, where this stupid woman get all these money from, Nigeria is in big problems, I really don't believe all these issues will be resolved in our own generation

Anonymous said...

NO WONDER EBELE IS VISITING PAST HEADS OF STATE. NA WETIN DEY HAPPEN ABI NA COINCIDENCE

samaila sulaiman said...

Nice one

ats three said...

I'm not surprised at all.

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