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.

Dar-Al-Handasah Consultants Ltd     Mansur Alfanla     Adamu Jemilat-Baki     Tunde Mukaila Mustapha     Abdulkarim Adisa     Abdulwahab Olarewaju Issa     Oba Mogaji Abdulkadir     Olatunji Ayeni     Ridwan Agboola     Yakubu Dogara     Taofeeq Olateju     GAMA     Rebecca Bake     SGBN     Saka Aleshinloye     Amasa     Gurei     Share-Tsaragi     Sabi     Segun Abifarin     Minister     Ajikobi     Rapheal Ashaolu     Bature Bello     Lawyers Unite Against Corruption     KWASEIC     Saliu Tunde Bello     Michael Ologundea     Saheed Alakoso     Ramat Oganija     Hamza Usman     Abdulrazaq Adebayo     Curfew     Turaki     Kwara State Council Of Chiefs     Moronfoye     Kayode Issa     Kayode Zubair     Adisa Logun     Abubakar Abdulraheem     Biliaminu Aliu     Eleja     Saka Onimago     HYPPADEC     Lateef Ademola Olatunji     Ishaq Abdulkarim     Kubra Kazum     Local Government     Kwara     Afin Descendants Union Of Odo-Owa     Offa Metropolitan Club     Yakubu Shaaba     Abiodun Musa Aibinu     Moshood Kashimawo Abiola     Kayode Yusuf     Fatai Adeniyi Garba     Yekini Adio     Mohammed Ibrahim     Aro Yahaya     Revenue Court     CBT     Federal Polytechnic Offa     Raimi Iyanda     Joseph Offorjama     Centre For Community Empowerment And Poverty Eradication     FERMA     Mustapha Akanbi     Share     Tunji Olawuyi     Clement Yomi Adeboye     Alfa Yahaya Road     SWAN     Oladipo Akanmu Tolani     Elesie Of Esie     Tunde Kazeem     Awili Pedro     Junior Secondary School Certificate Examinations    

Cloud Tag: What's trending

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

Mohammed Tunde-Jimoh     Sheikh Ridhwanullah     Kayode Zubair     IYA ALFA NLA     David Oyepinola Adedumoye     Offa Poly     ITP     Lukman Adeloyin     Kwara State Football Association     Gwanara     COVID     Ishola Abdullahi     Matthew Okedare     AGM Professional Services     Micheal Imoudu     Kwara State Printing And Publishing Corporation     Abdulganiyu Salahudeen     Risikat Lawal     Omotosho     Bayo Mohammed Onimode     Musa Alhassan Buge     Christopher Odetunde     Yahya Mohammed     Dar-Al-Handasah Consultants     Belgore     Yahaya A Paniyaro     National Union Of Road Transport Workers     Simeon Sule Ajibola     Young Progressives Party     Dankaka     Osi     Ilorin Talaka Parapo     Wahab Kunle Shittu     Saudat Abdulbaqi     Yoonus Kola Olatinwo     Oba Mogaji Abdulkadir     Elewu     Iyaloja-General     Moses Salami     Edu     Afeyin-Olukuta     College Of Education     Garba Ado Sanni     Olatunji Ayeni     Ishaq Oloyede     Dan Masanin     David Adesina     Kwara Pdp     Abdulmajeed Abdullahi     Special Agro-industrial Processing Zone     Vasolar Consortium     Abdulmajeed Wahab     ER-KANG Mining     Oyin-Zubair     Oniwasi Agbaye     Ahmad Fatima Bisola     Aliyu Muhammed     Eruku     Abubakar Atiku     Osinbajo     Oro Grammar School     Bibire Ajape     Mohammed Saidu     Air Peace     Falokun-Oja     Unilorin     Raji AbdulRasaq     Ajasse-Ipo     Garba Dogo     Babs Iwarere     Abdulkarim Adisa     Babaita     Kwara State Governor     Ayo Adeyemi     Y.A. Abdulkareem     Quarry Royal Valley     Ajakaye