By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay NewsOkay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Senate Asks Banks to Unfreeze Patience Jonathan’s Account
Font ResizerAa
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
  • Feed
2026 © Okay International Limited - All rights reserved
News

Senate Asks Banks to Unfreeze Patience Jonathan’s Account

By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
October 19, 2017 - 2:19 am
Share
Okay News
Okay News
SHARE

The Senate has called for the unfrozen of the bank accounts belonging to former first lady Patience Jonathan.

The red chamber’s committee investigating the petitions against the freezing of Jonathan’s accounts took the directive on Wednesday.

The Senate Committee on Ethics, Privileges and Public Petitions, headed by Sen. Sam Anyanwu, observed that some of the accounts were frozen based on some administrative lapses.

According to the Committee, one of the accounts which is with the Stanbic IBTC Bank, had not breached any known law or due process.

- Advertisement -

The Committee also directed that the account with Zenith Bank must be re-opened because the court order which directed that it should be frozen had been vacated bpp

The committee members were particularly displeased with what they called arbitrary manner in which the Economic and Financial Crimes Commission (EFCC) used the banks to close the accounts without complying with due process of law.

After listening to the committee, bank executives present informed the lawmakers that the court order vacating the earlier ones relied upon by the EFCC to close the accounts were not made available to them.

Consequently, they promised to re-open those accounts having been made to known of the vacation order.

The committee expressed shock that the banks could rely on ordinary letter by the EFCC anticipating a favourable ruling to free Customers’ accounts.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:Patience JonathanSenate
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Okay News English FA Apologise to Eniola Aluko Over Racial Remarks By Her Former Coach
Next Article Okay News EFCC Denies Invading Gov. Amosun’s Home In Lagos
FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -
- Advertisement -
Ad imageAd image
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
  • Feed
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook