BVN vs Mrs PATIENCE JONAH

 The accusations against Mrs. Jonathan are that she was operating many domiciliary accounts using fictitious names and photographs but she is the sole signatory to all. Due to the huge amount in the accounts, she is also accused of money laundering and living higher than her traceable sources of funds. The accounts were all traceable to her due to recent reforms (BVN) going on in the banking sector. It was first denied but after serious evidence were made available to her lawyers, she eventually saw end of the road and succumbed but nonsensically! Let us look at her defence; Mrs Jonathan said she actually requested that all those accounts which were opened at Skye Bank be opened in her name but that the bank opened it 'wrongly' using names different from her name. LOL. The bank in Nigeria opened a Sitting First Lady Account and missed her name. Haahaaaa! She said she has told them since 2014 to change the names and pictures. And when they brought her FOUR DEBIT CARDS, she also saw that her name was not on the cards and she complained to Skye Bank and they promised to do so. Another LOL. But she was operating both accounts. Funds were coming in and out. In fact she used those cards during her recent medical visit to Europe. She used the cards till July 2016 before she was officially caught! As a Banker, I don't believe these stories by Mrs. Jonathan. They are stinkingly cheap lies that make no financial sense. Before an account is opened, opening form will be filled, photos will be attached, at least 2 references will be done and KYC (Know Your Customer) will be done. In KYC, the bank will verify all the information supplied by the customer to be, check the document and utility bills and then verify the home and company address. After which the account will be opened. Mrs Jonathan has taken EFCC and Skye Bank to court and she's demanding for additional N200m As damages to join to the already looted national wealth in her various fraudulent accounts.  Of course, Commercial Banks in Nigeria are part of the reasons why we are where we are today crookedness is their business and dirty money and profit are their hubby! Let us see how our SANs will rubbish this case too remember, our SANs in Nigeria are those who mastered the art of upturning justice and providing safety for looters while bad eggs in the judiciary are their collaborators! By Mr. Kayode