Socialite Bola Shagaya Loses Bid Over Seized N1.9bn

A Federal high court in Lagos, South West Nigeria on Thursday dismissed a suit filed by a Nigerian businesswoman Hajiya Bola Shagaya against the Federal Government, urging the

court to set aside an order of the court freezing her account suspected to be containing N1.9 billion realised from unlawful activities.

The presiding judge, Oluremi Oguntoyinbo, in her verdict did not only declare the order made by her learned brother, Justice Muslim Hassan in freezing the account of the business woman as being valid but also declare that Bola Shagaya’s suit before her to vacate the said order as an abuse of court process, as she could not sit as an appellate court to vacate the order of the same concurrent jurisdiction.

Shagaya, had in a suit filed before Oguntoyinbo urge the court to set aside the order made by another judge of the Federal High Court, Lagos, Justice Muslim Hassan freezing her bank accounts at Unity Bank Plc, but the Federal Government contended that the accounts in contention were used by the businesswoman to launder billion of naira for former first Lady, Mrs Dame Patience Jonathan.

PM News