Companies linked to Mrs Jonathan’s fraudulent $15m pleads guilty

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Four companies accused alongside a former aide to former President Goodluck Jonathan, Waripamo Dudafa, with charges bordering on money laundering, on Thursday, pleaded guilty before a Lagos Federal High Court.

The four companies includes Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited; Pluto Property and Investment Company Limited; and Development Company Limited; Avalon Global Property Development Company Limited.

The companies were arraigned by EFCC for charges bordering on money laundering.

During the hearing, all four companies pleaded guilty to conspiring with the former President’s aide and two others to launder the sum of $15, 591,700.

The seized sum was, however, claimed by the wife of the former President, Mrs. Patience Jonathan.

Mrs Jonathan had explained that the seized sum was meant for her hospital bills abroad.

More details soon…..