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.
Yusuf Abdulraheem Abdulsalam A. Yusuf Eruku Abubakar Ndakene Ayinke Saka Shade Omoniyi Toun Okewale-Sonaiya Shettima Of Ilorin Ali Ahmad Seni Saraki Abubakar Atiku Kwara State Health Insurance Agency Akume Ibrahim Sulu Gambari Oro Grammar School Old Students Association Michael Ologundea Mohammed Halidu National Information Technology Development Agency Lai Mohammed Bamidele Aluko Timothy Akangbe Monthly Sanitation Exercise Adamu B. Yaqubu Abdulrasheed Akogun Yashikira Al-Ilory Jimoh Olusola Imam State Bureau Of Internal Revenue Principal Private Secretary Umar Bayo Abdulwahab Ademola Kiyesola Oyin-Zubair Ijagbo Health Centre Yahaya Seriki Egbejila Abdulmumin Yinka Ajia Okala Baba Kola Adesina Theophilus Oyebiyi International Public Sector Accounting Standards Barakat Community Secondary School Ayodele Olaosebikan Yahaya Jibril Usman Yusuf Amuda Gobir March 18 Neuropsychiatric Hospital Patience Jonathan Shero Oluwatoyin Lukman Share Amusement Park Abdulrazaq Sanni Abdulrahman Abdulrasaq Rashidi Yekini Anilelerin Mohammed Haruna Saka Adeyemo Quareeb Islamic Association Modibo Kawu Kola Shittu AbdulQowiy Olododo Yahaya Dumoye Ibrahim Abdulkadir Abikan Ajuloopin Ajidagba Joseph Offorjama Wasiu Onidugbe Ilorin Curfew Mustapha Olanipekun Offa Metropolitan Club Pius Abioje Gaa Olobi Ilorin Anchor Men And Women Sabo-Oke Lawyers Unite Against Corruption Kwara State Printing And Publishing Corporation Amos Bajeh

