The four companies pleaded guilty to conspiring with Dudafa and the two others to launder a sum of $15, 591,700 before a Federal High Court in Lagos on Thursday.
The companies are Pluto Property and Investment Company Limited; Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited and Development Company Limited and Avalon Global Property Development Company Limited.
The Economic and Financial Crimes Commission had since frozen the $15.6m found in the four companies’ accounts in Skye Bank.
But wife of ex-President Jonathan, Patience, has sued the EFCC and Skye Bank, laying claims to the money.
More details soon...