The Economic and Financial Crime Commission (EFCC) on Monday revealed the startling details of how Hajia Bola Shagaya, an in-law of Vice-President, Professor Yemi Osinbajo laundered N3.3bn for former first lady, Dame Patience Jonathan.
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Shagaya is not lucky in love and has been a serial divorcee. Her first son, Sherif, in 2010 wedded Maryam Tukur, daughter of former Chairman of the Peoples Democratic Party, Bamanga Tukur.
Sherif’s sibling, Segun, who converted to Christianity from Islam and Osinbajo’s daughter, Dami, are engaged to be married next month.
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Shagaya is challenging the freezing of her account by the anti-graft agency and urging the court to set aside the order freezing her bank accounts in Unity Bank Plc.
In the affidavit filed and sworn to by a litigation officer, Sulaiman Ali, and filed before the court by a Lagos lawyer Mr Napoleon Emeaso-Nwachukwu, the deponent averred that sometimes in October and November 2016, Shagaya issued several instructions to her bank in respect of third party transactions, but to the applicant chagrin, the said payment instructions were declined by her bank in spite of the fact that the applicant (Bola Shagaya) had enough money standing to her credit with her bank to cover the payment instructions prior to issuing the instructions.
The deponent said that upon enquiry the bank intimated Shagaya that it received a letter from EFCC directing it to place a Post No Debit on her account with it.
Consequently, the applicant said it would be the interest of Justice for the court to set aside the order.
However, in a counter affidavit sworn to by an operative of the EFCC, Mr Musbahu Yahaya Abubakar, and filed before the court by EFCC legal officer Barrister Idris Abdullahi Mohammed, the commission said the funds transferred to Mrs Dame Patience Jonathan are parts of the funds paid to her for facilitating allocation of DPK to Index Petrolube Africa Company.
The commission further averred that the applicant has refused to honour EFCC invitation to enable the anti-graft agency to confront her with its findings of investigation.
Consequently, EFCC urged the court to refuse Shagaya’s application and dismiss same as the application is not only frivolous, but an abuse of court process, and time wasting.
After the adoption of the written addresses of the two parties today, the presiding judge Oluremi Oguntoyinbo adjourned till May 17, for judgement.
