The Federal High Court in Lagos has dismissed an application seeking to unfreeze a Unity Bank account with a balance of N 1 ,902 ,673 , 399 .93 belonging to Hajiya Bola Shagaya .
Justice Oluremi Oguntoyinbo , in a judgment on Thursday , threw out Shagaya ’ s application , declaring that it lacked merit .
The anti -graft agency had then told the court that the N1 .9 bn was the balance of a total of N3 ,305 , 150 ,000 , which Shagaya received as “ founder fees ” on behalf of an organisation , Women for Change, being spearheaded by a former First Lady , Mrs . Patience Jonathan .
Justice Muslim Hassan , who granted the order, had said the account would remain frozen pending investigation by the EFCC.
Shagaya , through her lawyer , Mr . Napoleon Emeaso -Nwachukwu , however , approached Justice Oguntoyinbo , seeking too unfreeze the account.
Emeaso – Nwachukwu contended that his client was not given fair hearing before the account was frozen .
He contended that the freezing order violated Shagaya ’ s right to own movable property under Section 44 ( 1)( k ) of the I999 Constitution of Nigeria .