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.

Amusement Park     General Tunde Idiagbon International Airport Ilorin     Turaki     Shettima     Moremi High School     Yakub Lai Gobir     Muhammed Akanbi     All Confederation Of Principals Of Secondary Schools     Ilesha-Gwanara     KWACOBPA     Jaigbade Alao     Samuel Olusegun Adedayo     Tafida Of Kaiama     Mashood Abdulrafiu Agboola     Rotimi Oyedepo     Babs Iwarere     Christian Association Of Nigeria     Bamidele Adegoke     Okin Biscuits     Oyun     Olofa Of Offa     Lasiele Alabi Yahaya     Abdulrasheed Lafia     Femtech     AbdulRazaq Jiddah     Sabo-Oke     C2c@kwarastate.gov.ng     Abdulrahman Abdulrazaq     Simeon Sule Ajibola     Bola Shagaya     Ilorin Anchor Men And Women     20 Billion Bond     Christopher Ayeni     Ibrahim Issa Jetti     Mogaji Aare     Barakat Community Secondary School     David Oyedepo     Eghe Igbinehin     Agor Market     Awwal Jawondo     Gobirawa     Moji Makanjuola     Ademola Kiyesola     Ubandoma Of Ilorin     Hamid Bobboyi     Radio SBS     Malete     Adamu Atta     Funmilayo Zubair     Borgu     Aliyu Sabi     Owu Fall     Aliyu Alhassan     Opaleke Bukola Iyabo     Standard Organization Of Nigeria     Gbenga Olawepo     John Olajide Adedipe     Halidu Danbaba     Obuh     Tanke     Memunat Monsuma     Ilesha-Baruba-Gwanara     Tunde Idiagbon Road     Emir Of Kano     Amosa     Mufutau Gbadamosi Esuwoye     Ayedun     Federal Neuro-Psychiatric Hospital     Bamidele Aluko     Omotosho     Kazeem Gbolagade     Oloje     Folaranmi Aro     Arca Santa     Oke-Ero     Yahya Mohammed     2017 Budget    

Cloud Tag: What's trending

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

Al-Hikmah Radio     Twitter     Abiodun Jacob Ajiboye     Okeose Christian Cementary     Ajibola Saliu Ajia     Umar Adelodun     Ganmo     Omotosho     Government High School (GHS), Adeta     Ahmad Olayiwola Kamaldeen     Baba Adini Of Kwara State     Mansurat Amuda-Kannike     Aremu Bose Deborah     MATTA Girls Foundation     Marafan Shonga     Musa Ayinla Yeketi     Saka Isau     Ajase-Ipo     Mahe Abdulkadir     Alimi     Nigeria Computer Society     Nigeria Customs Service     Yusuf Zulu-Gambari     Funmilayo Mohammed     Oja-Oba     Aminat Omodara     Moshood Mustapha     Amuda Musbau     Folajimi Aleshinloye     Principal Private Secretary     Ramat Oganija     Alloy Chukwuemeka     Emir Of Ilorin     Kwasu     Yusuf Lawal     Kazeem Adekanye     Bello Oyedepo     Onilorin     Chief Imam Of Omu-Aran     Afolayan     Siraj Oyewale     Ella Supreme Tissue Paper     Saka Keji     Nigerian Supreme Council For Islamic Affairs     Opaleke Bukola Iyabo     Shuaib Jawondo     Ilesha Gwanara Road     Tafida     Mumeen Lah     Mahee Abdulkadir     N-Power     Wale Oladepo     Federal Road Maintenance Agency     Amina Susa\'a De Ahmed     Katibi Ibraheem Adeola     Folorunsho Erubu     PharmAccess Foundation     Kpotum Mohammed Baba     Henry Olaosebikan     Olayinka Are     Owode Market     Sobi     Hakeem Lawal     Dunmade     AbdulFatai Adeniyi Dan-Kazeem     Transition Implementation Committee     Gaa Olobi     Amuda Aluko     Edu     Lateef Alagbonsi     CUTI     Jimoh Saadudeen Muhammed     Kwara State Television     Kwara State Polytechnic     Oko-Olowo     Is\'haq Modibbo Kawu     Ibrahim Taiwo