Court orders forfeiture of Saraki's Ikoyi property
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Galadima Iponrin Bayo Lawal Kwara Primary Health Care Development Agency Kwara State Pension Board Idi-Ape Col. Ibrahim Taiwo Olosi Of Osi Kwara State Governor Mansurat Amuda-Kannike Offa Descendants Union Abdulazeez Arowona Abdulsalam Firdaous Amosa Unicontinental Construction Company IQRA College Abdulhakeem Amao Saka Balikis Kehinde General Hospital, Offa Kwarareports Vasolar Consortium Taofeek Ibraheem Fatai Adeniyi Garba Oyedepo Sheriff Shagaya Emir Of Lafiagi Laolu Saraki Oluronke Adeyemi Muyiwa Oladipo Kanu Clement Yomi Adeboye Tanke Mukhtar Shagaya AGM Professional Services Okasanmi Ajayi Isau AbdulRazaq Abubakar Jiddah Ojuekun Oya State Azeez Bello Ilorin Innovation Hub NFAI Kwasu Ibrahim Abdulkadir Abikan Mohammed Kamaludeen Rashidi Yekini IDPU ER-KANG Mining Kwara State Television (KWTV) John Dara Ijagbo Health Centre Rebecca Bake Air Peace Habeeb Abdullahi Al-Ilory Lola Olabayo Yakubu Mohammed Abdullahi Sarakite Oke-opin Kamaldeen Ajibade Kpotum Mohammed Baba Rafiu Ajakaye Dauda Adeniran Adeshola Bamidele Aluko Kwara State Government Clara Nwachukwu Olukotun Of Ikotun NIPR Abdulahi Abubakar Bata Lawal Jimoh Deji Ajani Musbau A. Akanji Taofik Abdulkareem Babaita Oasis Muslim Care Foundation Kunle Akogun Ahman Pategi Abdulrazak Shehu Akorede Chief Imam Of Omu-Aran Just Event Online Oniwasi Agbaye

