The Economic and Financial Crimes Commission, EFCC, has alleged that former First Lady Patience Jonathan used her late mother’s company to launder about N2.114bn.
Besides, Magel Resort Limited, which was incorporated by Mrs. Jonathan’s late mother, allegedly secured over N200 million IT contract from the National Information Technology Development Agency.
Many people, including an hotelier in Abuja, also remitted funds into the account.
Also uncovered was how some domestic aides of the former First Lady remitted about N5.7 billion into the accounts of three firms linked to Mrs. Jonathan.
As part of the investigation, some Federal Government agencies were found to have remitted funds into the account of Ariwobai Aruera Reach Out Foundation, her NGO, which has N2,475,784,487.77.
Detectives put the cash in the two domiciliary accounts of the ex-First Lady at $20,731,173.
According to sources in EFCC, the major highlights of the latest investigation of Mrs. Jonathan border on the use of her mum’s firm and domestic aides to launder funds.
The sources claimed that the ex-First Lady has a case to answer because of the “curious payments” made into more than five accounts linked to her.
A source, who pleaded not to be named so as not to jeopardise the investigation, said: “This is not a case of witch-hunt or vendetta. We have retrieved records of transactions and those concerned. There is a strong case of abuse of office.
“Nigerians should prevail on Mrs. Jonathan to seek equity with clean hands by subjecting herself to legal process. How did domestic aides come about billions? Why will a resort company secure an IT contract? How did a furniture firm without a fixed address come about N1.140billion?
“As we investigate the ex-First Lady, our detectives dig out more evidence of alleged money laundering by her between 2009 and 2015.”
The source gave an insight into the latest findings by detectives on Mrs. Patience Jonathan.
The source added: “A company owned by Mrs. Jonathan is Magel Resort Limited. It was incorporated by Mrs. Jonathan’s late mother. But Patience Jonathan became the sole signatory to the account of the company by board resolution upon the demise of her mother.
“The EFCC is probing the circumstance in which the firm though registered as a resort agency secured over N200 million IT contract from the National Information Technology Development Agency.
“The contract was allegedly funded through the National Information Technology Development Fund.”
Several other persons under investigation for money laundering by the anti-graft agency were discovered to have made payments into the company’s account.
Some of them, including a hotelier in central area, Abuja, have been invited for questioning.
A source added: “The total sum allegedly laundered through the account of Magel Resorts Limited run by Mrs. Jonathan and her late mother is N2.114 billion.
“Also allegedly laundered by the former First Lady through the account of Lawari Furniture and Baths Ltd is N1.140 billion. The company’s address is given as 100 Akamfa Road, Yenagoa, Bayelsa State. The bulk of the money was deposited by Bureau de Change operators.
“The BDC operators have already been invited by the EFCC for questioning.”
EFCC sources said that the addresses of most of the companies were discovered to be fictitious as mails sent to them were returned undelivered.
Ariwobai Aruera Reach Out Foundation, an NGO, was discovered to have various accounts but the principal account is domiciled in Diamond Bank.
The source said: “The commission stumbled on evidence in which several government agencies made payments into the account. A total inflow of N2, 475,784,487.77 was recorded in the account between 2009 and 2015.”
The source also spoke about the deposits in the domiciliary accounts of the ex-First Lady.
The source said: “Investigation equally discovered that Mrs. Jonathan maintains a dollar account with Diamond Bank which received huge financial inflow from her domestic aides.
“Some of the domestic aides that made payments into the accounts are also trustees of her so- called NGO and director in her companies. The balance in the account was $12,831,173.
“Another dollar account of the former First Lady was discovered in Skye Bank.
Inflows into the account came through deposits by domestic aides of Mrs. Jonathan.
“Intelligence reports indicate that most of the purchase of luxury items by the former First Lady was through the Platinum Card of the account. The total amount in the account is $7.9 million.
“Also under investigation is how N1.8 billion was deposited in the account of Flinchley Top Homes Limited, a company linked to Mrs. Jonathan, by her domestic aides between 2009 and 2015.
“Other discoveries are the N2.1 billion and N1.8 billion deposited into the accounts of AM PM Global Network Limited and Pagmat Oil and Gas Limited between 2009 and 2015. Both companies are linked to the former First Lady.”