Senate c’ttee asks banks to reopen Patience Jonathan’s accounts

The Senate Committee on Ethics, Privileges and Public Petitions has directed banks to reopen the accounts of former First Lady, Dame Patience Jonathan.

The committee, after its interactions with the management of four different banks where Mrs. Jonathan has accounts, directed that those accounts not encumbered by any legal process be re-opened.

The committee headed by Senator Sam Anyanwu noted that some of the accounts were frozen based on some administrative lapses.

According to the committee, “one of the accounts with Stanbic IBTC Bank did not breached any known law or due process.”

The committee also directed that the account with Zenith Bank be re-opened because the court order which directed that it freezing has been vacated.

The committee members condemned what they described as the arbitrary manner the Economic and Financial Crimes Commission (EFCC) used the banks to close the accounts without following the 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 informed about the vacation order.

The committee expressed shock that the banks could rely on an ordinary letter from the EFCC anticipating a favourable ruling to freeze customers’ accounts.

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