Court orders forfeiture of Saraki's Ikoyi property

Date: 2019-10-21

The Lagos Division of the Federal High Court on Monday has ordered the temporary forfeiture of two properties located in the Ikoyi area of Lagos State and belonging to the immediate past senate president, Bukola Saraki, to the Federal Government.

Mohammed Liman, the judge, who ordered the temporary forfeiture on Monday, also gave 14 days for anyone with an interest in the properties to show cause.

According to a statement by the anti-corruption agency, EFCC, the properties are located at No. 17A McDonald Road, Ikoyi, Eti Osa Local Government Area of Lagos.

The EFCC said the forfeiture followed an ex parte application filed by its counsel, Nnaemeka Omewa, that the properties were acquired through proceeds of unlawful activities.

The Commission also alleged in a supporting affidavit that Mr Saraki, who served two terms as Kwara State Governor between 2003 and 2011, “withdrew over N12 billion cash from the account of the Kwara State Government and paid same into his accounts domiciled in Access and Zenith Banks through one of his personal assistants, Abdul Adama, at different intervals.”

The EFCC lawyer, Mr Omewa, said the court was empowered to order the temporary forfeiture of the landed asset to the Federal Government.

Delivering ruling on the application, Justice Liman ordered the interim forfeiture of the two properties.

He also instructed that the EFCC should publish the order in a national newspaper.

After ordering the temporary forfeiture of the properties, the judge gave 14 days for anyone with an interest in the properties to show cause why they should not be finally forfeited to the Federal Government.

The EFCC had in May marked the houses traced to the former Senate president for an alleged case of conspiracy, abuse of office, misappropriation of public funds, theft, and money-laundering.

The agency’s probe of Mr Saraki, however, started when it wrote the Kwara State Government demanding a breakdown of Mr Saraki’s income, as well as his entitlements as governor of the state.

The houses had been the subject of Mr Saraki’s arraignment at the Code of Conduct Tribunal (CCT), which acquitted him in 2017.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Shuaib Jawondo     UNIFEMGA     Mohammed Lawal Bagega     Musa Aibinu     Quareeb Islamic Association     Samari     Abdulwaheed Musa     Matthew Okedare     Yunus Lawal     COVID     Shuaibu Yaman Abdullahi     Oyawoye     Oju Ekun Sarumi     Iyabo Adewuyi     Igbaja     Kumbi Titiloye     Akanji     NNPP     Al-Hikmah University     Kayode Laro     Popo-Igbonna     SSA Youth Engagement     Adaramaja     Hamidat Sulyman-Yusuf     Coalition Of Kwara North Groups     Harafat E. Mukadam     Ayodele Kuburat Olaosebikan     Shonga     Okanlawon Musa     Alimi Abdulrazaq     Sarakite     Abdulfatai Salman Baakini     IHS     Ibrahim Taiwo     PAACO-PCL Consortium     Folorunsho Alao     Lawan     High Court     Hamza Usman     Abubakar B.M     Illyasu Abdullahi     Osuwa     Bashiru Makama     Isiaka Yusuf     Split Diamond Interchange     Communication Network Support Services     Balogun Ajikobi     Ahman Pategi     Atiku     Bank Of Industry     Y.A. Abdulkareem     Bluenile Associates     Junior Secondary School Certificate Examinations     Moronfoye     Muslimah Entrepreneurship Forum     Wahab Egbewole     Lanre Jimoh     Abdulsalam A. Yusuf     Abdulwahab Oba     Ajuloopin     Ekweremadu     Freshvine Nigeria Limited     GRA     Kwara State Government     Monkey Pox     National Information Technology Development Agency     Tescom.kwarastate.gov.ng     Markaz Arabic And Islamic Training Institute, Agege     Abdulmajeed Wahab     Vasolar Consortium     Chikanda     Shuaib Boni Aliyu     TESCOM     AbdulRaheem Ahmad Shayi     Emir Of Ilorin     IHS Towers     Oke-Oyi    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Raheem Adaramaja     Talaka Parapo     Roseline Oni Aremu     Chief Imam Of Lafiagi     Femi Gbajabiamila     Ojo Fadumila     Bolakale Ayo     Oba Abdulrahim     Mohammed Ibrahim     Mufutau Gbadamosi Esuwoye     Mamatu Abdullahi     Imodoye Writer’s Enclave     Lateef Fagbemi     Alikinla     IYA ALFA NLA     Isaac Gbenle     Bolaji Abdullahi     Titus Suberu-Ajibola     Markaz Arabic And Islamic Training Institute, Agege     Aso-ofi     Ilorin South Constituency     Kayode Laro     Muhammed Abdullahi     Kwara State Fish Farmers Association     Shaaba Lafiagi     Abdulrauf Aliyu     KWASIEC     Code Of Conduct     Veterinary Teaching Hospital     Col. Ibrahim Taiwo     Abdulrahman Iliasu     Yeketi     Vasolar-Kwara Company Ltd     Kale Belgore     Igbomina     Maryam A. Garuba     Ilorin Innovation Hub     KWTV     Aliyu Kora-Sabi     Kwara Restoration Project     Abdulfatai Ahmed     Turaki Of Ilorin     Yakub Lai Gobir     Kwara University Of Education     CKNG     Fatima Abolore Jimoh     Moses Salami     Mohammed Lawal Bagega     Hamidu Olowo     Kayode Ogunlowo     Tayo Awodiji     Fola Consultant     Abdulkadir Jimoh     Tafida Of Ilorin     Adisa Logun     Al-Ilory     Aliyu Muyideen     Yahya Mohammed     Abiodun Jacob Ajiboye     Chief Of Staff     Yusuf Abubakar     Erubu     Kwara Politics     Kehinde Boyede     Medview Airlines     Simeon Sule Ajibola     Isiaka Yusuf     Hameed Oladipupo Ali     Babaloja-General     Ayobola Ipinlaiye     Savannah Centre For Diplomacy, Democracy And Development     Nagode     Edu     Kpotum Mohammed Baba     Radio SBS     Sheikh Alimi     Babaita