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.

Radio SBS     Ibrahim Taiwo Road     Saka Onimago     Modibo Kawu     Olusegun Adeniyi     Amoyo     Abdulrasheed Lafia     Hassan Taiye Salam     Abdulfatai Ahmed     Suleiman Alege Kuranga     Amuda Bembe     Musibau Akanji     Buari Edun     Ilorin Talaka Parapo (ITP)     Olatunji Abdulmumeen     Adamu Attah     Ilorin     Naira Redesign     Mohammed Katsina Ahmed     Oladipo Akanmu Tolani     Lanre Aremu     Titus Suberu-Ajibola     Bashiru Makama     Ilota     Toyin Olayinka Tejidini     AbdulQowiy Olododo     Ezekiel Yissa Benjamin     Isiaka Abdulrazak     Ibrahim Gambari     Segun Ogunsola     Kola Bukoye     Halimah Perogi     SDP     Mubarak Oladosu     Amos Sayo     REO CAKES     T And K FOODS     Jumoke Gafar     Ishola Abdullahi     Yusuf Abdulwahab     Yusuf Zulu-Gambari     Sobi Specialist Hospital     Oluronke Adeyemi     Kwha.gov.ng     Rebecca Bake     Yahaya Seriki     Kwara State Geographic Information Service     Lola Olabayo     Tunji Moronfoye     Abdulrazak Shehu Akorede     MAI Akande     Oluranti Idowu     Cornelius Adebayo     State Bureau Of Internal Revenue     Yusuf Arowosaye     March 28     Kwara Hotel     Amusa Bello     Razaq Atunwa     Ilorin Curfew     Lukman Adeloyin     Oba Mogaji Abdulkadir     Ijagbo     Muhammed Taofeeq Abdulrazaq     Noah Yusuf     Onilorin     Saka Isau     Eruku     Ayodele Shittu     Emmanuel Bello     Sun Qing Rong     Ali Ahmad     Afolayan     11th Galadima     Unilorin     Abdulazeez Uthman     Tunji Oyawoye    

Cloud Tag: What's trending

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

Arca Santa     Mustapha Akanbi     Government Girls’ Day Secondary School Pakata     Popo-Igbonna     Jimoh Bashir     Sadiq Buhari     Aiyedun     Special Agro-industrial Processing Zone     Moses Salami     Kanu Agabi     Najim Yaasin     Adeleke Ogungbe     Yahaya Seriki Gambari     Saliu Alamoyo     Issa Baba     IYA ALFA NLA     Saka Onimago     Allocation     LABTOP     Tsaragi/Share     ER-KANG Mining Nigeria Company Limited     David Oyedepo     Quran     Akanji     Fulani     Ahmed Bayero     UNILORIN Alumni Association     Abdulkareem Alabi     Fatai Garuba Labaka     Oyawoye     Abdulrazak Shehu Akorede     Moses Afolayan     Abdulbaqi Jimoh     Sola Saraki Educational Foundation     Offa     Air Peace     General Tunde Idiagbon International Airport     Musbau A. Akanji     Lola Ashiru     Aso Ofi     Kolade Solagberu     Simon Sayomi     Mujtabah Bature     Ahmed Ayinla Jimoh     Sadiq Umar     Sun Qing Rong     Kwara State Printing And Publishing Corporation     Shuaib Abdulkadir     BECE     Ajike People Support Centre     Suleiman Alege Kuranga     Ayeyemi Sulaiman     Olanrewju Okanlawon Musa     Mohammed Abdulahi     Bola Sagaya     Vishvas KOZ Tractors     Oloje     Alaaya     Laduba     National Party Of Nigeria     Sidikat Alaya     Abdulrauf Aliyu     Gabriel Fashanu     Saad Omo\'ya     Babatunde Idiagbon     Ibrahim Abdulqadir Abikan     Ilorin Likeminds Foundation     Share-Tsaragi     Saeedat Aliyu     Sunday Otokiti     Theophilus Oyebiyi     Eleja Taiwo Banu     Ayinde Oyepitan     Suleiman Yahya Alapansapa     Tunji Oyawoye     Quranic Recitation Competition     Olupako Of Share