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.

Binta Abubakar-Mora     Raymond Olaitan     Photo News     Fola Consultant     Aliyu Sabi     Sardauna Of Ilorin     Isiaka Danmeromu     Congress For National Consensus     Oba Of Jebba     CT Ayeni     Kwara State Internal Revenue Service     Ibraheem Adeola Katibi     Bashiru Makama     Iponrin     NITDA     Taiwo Joseph     Saudat Abdulbaqi     Olayinka Jelili Yusuf     Bank Of Industry     Durbar     Mohammed Yahaya Barki     Gbemi Saraki     Firdaos Amasa     Olubukola Kifayat Adedeji     Michael Ologundea     Joseph Yemi Ajayi     Muhammad-Mustapha Suleiman     Mashood Dauda     Abdulsalam A. Yusuf     ENetSuD     Femi Oladiji     Abdulrahman Abdullahi Kayode     Khairat Gwadabe     Kawu     CKNG     Doyin Awoyale     Mohammed Kamaludeen     Christopher Odetunde     Gbadeyan Gbadura Yomi     George Funsho Adebayo     Akanji     Olaoye B. Felix     Bamikole Omishore     Isapa     Alanamu     Abdulrauf Aliyu     Ashiru     Aliyu Alhassan     Afin Descendants Union Of Odo-Owa     Sarah Jubril     Sa\'adu Salahu     Apata Ajele Secondary School     Tricycle Owners Association Of Nigeria     Maryam Ado Bayero     Kabir Shagaya     Adesoye College     Ibrahim Abiodun     Durosinlohun Atiku     Lola Olabayo     Mahmud Ayinla Giwa     Kunle Okeowo     Abikan     Olatunji Bamgbola     Vasolar     Olayinka Olaogun     Adijat Adebiyi     PAACO-PCL Consortium     Orisa Bridge     Oba Abdulraheem     AbdulGafar Tosho     JMK Construction Company Limited     Fatai Adeniyi Garba     Oko Erin     Damilola Yusuf     Ayo Adeyemi     Oniyangi     Oyedepo    

Cloud Tag: What's trending

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

Chikanda     Seni Saraki     Olabanji Orilonishe     Oba Abdulraheem     Afolasade Opeyemi Kemi     Tunji Folami     Aminu Adisa Logun     Gafaru Olayiwola Olorisade     Kolo     John Mayokun Dada     Taofeek Sanusi     Segun Olawoyin     Shonga     Minimum Wage     National Party Of Nigeria     Women For Change And Development Initiative     Wasiu Onidugbe     Bello Oyebanji     MalHub     Ibrahim Orire     Ibrahim Labaika     Bolaji Nagode     Ijagbo     Donatus Ejidike     Yoonus Kola Olatinwo     Ayobami Seriki     Okin Biscuit     Olanrewju Okanlawon Musa     COVID-19 Palliatives     Funmilayo Oniwa     Ubandoma Of Ilorin     Oke-opin     Federal Neuro-Psychiatric Hospital     UNILORIN Alumni     Salihu Ajibola Ajia     David Oyedepo     Elelu     Danhawa     Raji Ayodele Kamaldeen     Ojo Isekuse     Oniwasi Agbaye     Sunday Fagbemi     Obasanjo     Age AbdulKareem     Ibrahim Agboola Gambari     Federal Allocation     Saka Abimbola Isau     Sabi     Mohammed Lawal Bagega     Ali Ahmad     Clement Yomi Adeboye     Biliaminu Aliu     Hamidu Olowo     Abikan     Shero     Haruna Olawale Sulaiman     Kwara South     UNIFEMGA     Suleiman Idris     School Of Nursing     Saad Belgore     Esuwoye     Ibrahim Gambari     Titus Suberu-Ajibola     Salake     Peculiar Allowance     Kwara Politics     Monkey Pox     Taofik Abdulkareem Babaita     TIIDELab     Ayotunde Emmanuel Alao     Kwara State University Of Education     Guber Aspirant     Ahmad Ali     CELF     Agor Market     Muslim Media Watch Group Of Nigeria