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.

Www.Kwarareports.com     SAPZ Project     Adeniyi Ojo     Salman Suleiman     Ibrahim Bio     Lawal Jimoh     Apado     Code Of Conduct Bureau     Salihu Ajia     Wahab Abayawo     Babatunde Ajeigbe     Amada Jidda     SDP     Diagnostic Centre     Share/Tsaragi     Hameed Oladipupo Ali     Elewu     Dumagi     Olugbense     Dogara     Afin Descendants Union Of Odo-Owa     Hamidat Sulyman-Yusuf     Abdulquowiyu Olododo     CBT     Mujtabah Bature     Gbugbu International Market     Clement Yomi Adeboye     RTEAN     Kwara State Health Insurance Agency     Shonga     Centre For Community Empowerment And Poverty Eradication     Abdulrazaq Sanni     Al-Ilory     State Bureau Of Internal Revenue     Twitter     Olupako     Bureau Of Lands     Abubakar Bature Sulu-Gambari     Muhammed Akanbi     Segun Abifarin     Curfew     Jebba     Alimi     Ayekale     New Nigeria People’s Party     Muhammad Ghali Alaaya     Erin-ile     Col. Adedipe     Oloyede     Lasiele Alabi Yahaya     Iliasu     Ope Saraki     Towoju     Majlis For Sadaqah, Zakat And Waqf     Ilorin Descendants Progressive Union     Bolaji Nagode     Bilikis Oladimeji     ITEM 7     Olawuyi     Razaq Ayobami Akanbi     Adamu Atta     Omu-aran     Maja     Kunle Akogun     Facemasks     Ahmad Ali     Adama Isa     IYA YUSUF     Mufti Of Ilorin     Funmilayo Oniwa     Mohammed Kamaludeen     National Party Of Nigeria     Akanbi-Oke     AGILE Programme     Sayomi     Kassim Babamale     Musibau Akanji    

Cloud Tag: What's trending

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

GAMA     Shettima     Senior Staff Union Of Colleges Of Education     Abdulganiyu Oladosu     Ilorin Muslim Community     Mohammed Kamaludeen     Isiaka Saka Opobiyi     Gwanara     Okiki     Press Release     Ethical College     Mohammed Khadijat Kubura     Arandun     Boko Haram     Samuel Adedoyin     Yakubu Mohammed Abdullahi     Yusuf AbdulRasheed     John Olajide Adedipe     Abiodun Musa Aibinu     Haruna Tambiri Mohammed     Adebara     Shao     Yusuf Amuda Abubakar     Hassan A. Saliu     Federal Road Maintenance Agency     Adedayo Yusuf Abdulkareem     Wole Oke     Adekunle David Dunmade     Bolaji Aladie     Fatimah Abdulkadir     Kwara Teaching Service Commission     Gani Saadu     Ola Falade     Kwara Metro Park     Goodluck Jonathan     Buhari     Lafiagi     Adebayo Salami     Federal College Of Education (Special), Afon     Musa Abdullahi     Abdulkadir Akanbi-Oke     Isapa     Igbaja     Village Alive Development Association     ASMAU PLAZA     Olugbense     Galadima     Mohammed Lawal     Lanre Olosunde     Olatunde Oyeyiola     Gbemi Saraki     KWASSIP     NSCIA     Park     Oyun     Katibi Ibraheem Adeola     Adeniyi Ojo     Madawaki Of Ilorin     Saduki Lafiagi     Abubakar Lah     Ilorin Anchor Men And Women     Ahmed Alhasssan     Matthew Babaoye     AbdulRasaq Abdulmajeed Alaro     Ubandoma Of Ilorin     Muhammadu Buhari     Oke-Odo     CT Ayeni     Baba Issa     Oba Mogaji Abdulkadir     Ajase-Ipo     Kolo     Moremi High School     HAMFAT Clinic And Maternity     Musa Ayinla Yeketi     Sunday Fagbemi     Abdulkareem Alabi