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.

Dauda Adesola     Salihu Ajia     Plat Technologies Limited     Read With Me     Federal Neuro-Psychiatric Hospital     Omotoso Musa     Abdulganiyu Salahudeen     Olokoba Abdullahi Ayinla     Buari Edun     Ilorin     Aliyu Adebayo     Khairat Gwadabe     Memunat Monsuma     Mohammed Yisa     Yusuf Amuda Abubakar     Abdulquowiyu Olododo     Taofeeq Olateju     Yemi Osinbajo     Kemi Adeosun     Elese Of Igbaja     AbdulRazaq Jiddah     College Of Education     Abdulkadir Bolakale Sakariyah     Sidikat Uthman Ajibola     Yahaya Seriki Gambari     Sa\'adu Salahu     Baba Isale     Oasis Muslim Care Foundation     Al-Hikmah Radio     IEDPU     Muhammed Taofeeq Abdulrazaq     Mamatu Abdullahi     Sunset Workers     Ilorin Metro Park     Owo Arugbo     Abdul-Rasheed Na\'Allah     Mope Dasuki Belgore     Oja-Oba     Yusuf Badmus     JAAC     Iyabo Adewuyi     Atiku Abubakar     Sarafadeen Kayode Akorede     Dogara     Alapado     Hamidu Olowo     Kwara State Printing And Publishing Corporation     Tayo Awodiji     Sabi     Pakata Patriots     Shuaib Jawondo     Bilikis Oladimeji     Chief Imam Of Offa     Rotimi Oyedepo     Razaq Ayobami Akanbi     Abdulhakeem Adelaja Amao     Hussein Oloyede     Idris Amosa Oladipo Saidu     Ilorin Innovation Hub     Alaiye     CT Ayeni     TVC Female National Debate     Oloruntoyosi Thomas     Aiyedun     Olusola Saraki     Ahmed Bolaji Nagode     CELF     Kazeem Oladepo     Omu Aran     Ben Duntoye     Baba Adini Of Kwara State     Monthly Sanitation Exercise     Biliaminu Aliu     Admiralty Villa     Yusuf A. Usman     LAK Jimoh     Basit Olatunji    

Cloud Tag: What's trending

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

CT Ayeni     Gbugbu     Kehinde Boyede     Modibo Kawu     Afolasade Opeyemi Kemi     Joseph Daudu     Rotimi Samuel Olujide     Suleiman Yahya Alapansapa     Amusa Bello     Umar Saro     Sulu Babaita Isiaka     ASMAU PLAZA     Harmony Holdings     Orisa Bridge     Baakini     Bashir Adigun     Wahab Kunle Shittu     Ilorin Curfew     Olayinka Olaogun     Ilesha Gwanara Road     Ahmad Uthman     Bank Of Industry     Kwara Politics     IHS     BIR     Zulkifli Ibraheem     Societe Generale Bank Of Nigeria     Olomu     Kola Adesina     Isau     2017 Budget     Daud Adeshola     Olofa Of Offa     Omoniyi     Galland Marcias     Bankole Omishore     Dan Masanin     Idiagbon     Amusement Park     A.O. Belgore     Bayo Mohammed Onimode     Kwara Muslim Pilgrims Welfare Board     Iqra Books     Sabitiyu Grillo     Akanji     Olushola Saraki     Ilorin Airport     Oloyede     Mahfouz Adedimeji     Muyideen Ajani Bello     Isiaka Gold     Yusuf Ibitokun Sherifat     Vasolar Consortium     Oloruntoyosi Thomas     Moremi High School     Yusuf AbdulRasheed     Salman Suleiman     Garment Factory     Sabi     Olabode Towoju     Abdulkareem Alabi     IESA     Iliasu     Aliyu Adebayo     Sunday Popo-Ola     Sheu Ndanusa Usman     Ajibike Katibi     Onilorin Of Ilorin     Adedayo Yusuf Abdulkareem     Fatimoh Lawal     Elesie Of Esie     Senior Special Assistant On Student Affairs     Tanke Road     Savannah Centre For Diplomacy, Democracy And Development     Rapheal Ashaolu     Wasiu Odewale     Maryam A. Garuba