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.

Shehu Alimi Foundation     Royal FM     Shuaibu Yaman     Oja-Oba     Malete     Rafiu Olasile     Shettima Of Ilorin     Oladimeji Thompson     Orisa Bridge     Binta Abubakar Mora     International Public Sector Accounting Standards     Edu     Zaratu Umar     Lai Mohammed     CACOVID Palliatives     Ramat Oganija     Taofik Abiodun Ahmed     Abiodun Jacob Ajiboye     Suleiman Rotimi Iliasu     Mohammed Ghali Alaaya     Centre For Peace And Strategic Studies     Inside Kwara     Matthew Okedare     Tanke     Kale Ayo     Isiaka Abdulrazak     KWASIEC     Zulkifli Ibraheem     Paul Olawoore     Simeon Sayomi     Adebara     Mohammed Lawal     Oyin-Zubair     Aro Yahaya     Joseph Offorjama     Oniwasi Agbaye     Kwara State Television (KWTV)     Yunus Oniboki     TESCOM     Jimoh Lambe Abdulkareem     Moses Adekanye     Haruna Tambiri Mohammed     Ophthalmological Society Of Nigeria     Computer Based Test     Kayode Ibrahim     Yaru     A.E. Afolabi     Cornelius Fawenu     GGDSS Pakata     Umar Bayo Abdulwahab     Shonga Farm Project     Oluronke Adeyemi     Salihu Ajia     New Naira Notes     NURTW     Suleiman Yahya Alapansapa     Shuaib Olarongbe     Idris Garba     Ahmed \'Lateef     Kayode Alabi     Aisha Abodunrin Ibrahim     AbdulRazaq AbduMajeed Alaro     Wahab Kunle Shittu     Ayinde Oyepitan     National Information Technology Development Agency     Omoniyi     Raliat Islamic Foundation     Ilota     Adedeji Onimago     MINILS     Tunde Saad     Joseph Alex Offorjama     Osinbajo     Dele Belgore     Tunde Kazeem     Bisi Oyeleke     Ubandawaki    

Cloud Tag: What's trending

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

Abdullahi Biffo     Arandun     Saliu Shola Taofeek     Reuben Paraje     Yahaya Seriki Gambari     Tanke Flyover Bridge     PAACO-PCL Consortium     Just Law Forum     Bamidele Aluko     Yusuf AbdulRasheed     ER-KANG     Funmilayo Oniwa     Jani Ibrahim     Aliyu Muyideen     Aliyu Olatunji Ajanaku     Democracy Day     Bankole Omisore     Kolo     SWAN     Simeon Ajibola     Femi Agbaje     Oniwasi Agbaye     Sulyman Buhari     Umar Bayo Abdulwahab     Sa\'adu Salahu     Olabanji Orilonishe     Saheed Alakoso     Ohoro Of Shao     Jimoh Olusola Imam     Lanre Issa-Onilu     Garuba Alikinla Shittu     Offa Grammer School     Abdulrahman Abdulrasaq     Ibikunle Ogunleye     Abdul Jimoh Mohammed     Arinola Fatimoh Lawal     Umar Sanda Yusuf     Adeniyi Ojo     Ilorin Emirate     Habeeb Saidu     Mohammed Yahaya Barki     Imam Gambari     Kayode Ogunlowo     Okala Baba     Saka Aleshinloye     Sobi Specialist Hospital     Elekoyangan     Kwara Volleyball Association     Saliu Ajia     Kayode Yusuf     Bamidele Adegoke     Abubakar Imam     Joseph Yemi Ajayi     Shehu Alimi Foundation     Adolescent Girls Initiative For Learning And Empowerment     Oniyangi Kunle Sulaiman     Ballah     Mumini Ishola Hanafi     All Peoples Party     Kwara Metro Park     Abdullahi Saadudeen Alikinla     Bureau Of Lands     Bola Iyabo Ibiyeye Adisa     Lanre Issa Onilu     Abdullahi Dasilva Yussuf     Isiaka Alikinla     Kwara South     Gbemi Saraki     Dar-Al-Handasah Consultants Ltd     TVC Female National Debate     Abdulraufu Mustapha     Oyedun Juliana Funke     Abdulrasheed Akogun     Facemasks     Chief Of Staff     Aishatu Ahmed Gobir     CCEPE