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.

Kwara State Fish Farmers Association     Agboola Abdulraheem     The Herald     Khadijat Ayoola Yusuf     Shettima Of Ilorin     Kayode Laro     Ahmad Olanrewaju Belgore     Ilesha-Gwanara     Ministry Of Women Affairs And Social Development     Yomi Ogunsola     Yusuf Zulu-Gambari     Ayo Salami     Ajibola Ademola Julius     Rice Farmers Association Of Nigeria     State Bureau Of Internal Revenue     Maimunat Oniyangi     Bilikisu Oniyangi     Ilorin General Hospital     Aisha Gobir     Saraki     Tunde Yusuf     Bolaji Aladie     Ishola Balogun Fulani     Col. Ibrahim Taiwo     Abdulfatai Salman Baakini     Farouk Salim     Adamu Ibrahim Sabi     Hydroelectric Power Producing Areas Development Commission     Kwara Poly     Kwara Central     Mumini Ishola Hanafi     Bola Tinubu     Afusat Nike Ibrahim     Halimah Perogi     Gbadeyan Gbadura Yomi     Aso Ofi     Lawan     Kazeem Oladepo     Abubakar Abdullahi Bata     Oniwa     NULGE     Esinniobiwa Quareeb     Olusola Saraki     ARMTI     Innocent Okoye     Adolescent Girls Initiative For Learning And Empowerment     Florence Saraki     Hamidat Sulyman-Yusuf     Kola Olota     Aisha Ahman Pategi     Code Of Conduct Bureau     Folorunsho Erubu     Mufutau Olatinwo     Kunle Okeowo     Ayodele Olaosebikan     Mohammed Ghali Alaaya     Mike Omotosho     James Ayeni     Kwara 2019     Mohammed Halidu     Isiaq Khadeejah     2023 Elections     Rotimi Samuel Olujide     Kwara State Government     Ilorin Airport     Lanre Olosunde     Maja     Federal Polytechnic Offa     Ganmo Electricity Sub-Station     11th Galadima     Egbejila     Convocation Ceremonies     Saliu Ajibola Ajia     Taofik Abdulkareem Babaita     Jide Ashonibare     AbdulHamid Adi     David Adesina    

Cloud Tag: What's trending

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

Olokoba Abdullahi Ayinla     Kayode Laro     Kulende-UITH     Baaziki Sulaiman     Abubakar Bature Sulu-Gambari     Theophilus Oyebiyi     Kwara State Fire Service     Yusuf Abdulwahab     Waheed Ibrahim     Taibat Ayinke Ahmed     Elerin Of Erin-Ile     Agbarigidoma     Olatunde Oyeyiola     March 18     Ilorin Emirate Staff Association     JSSCE     Galadima     Abdulganiyu Oladosu     Lotus Bank     Muritala Awodun     RTEAN     Oni Adebayo     Imam Gambari     Kwara Teaching Service Commission     Javed Khan     Gobir Organization Foundation     Kolo     George Innih     Rashidi Yekini     Saka Balikis Kehinde     Hamidu Olowo     Ilorin Curfew     College Of Education     Mamman Saba Jibril     Rotimi Oyedepo     Maryam A. Garuba     Kwara State Printing And Publishing Corporation     Yusuf Abubakar     Bolakale Kawu Agaka     Femi Agbaje     Oniwasi Agbaye     Ibrahim Abduquadri Abikan     Onilu     Surajudeen Akanbi     Budo-Egba     Abdullahi G. Mohammad     Raimi Iyanda     Bayo Ojo     Sobi FM     Joseph Alex Offorjama     Olaitan Adefila     Muhammed Taofeeq Abdulrazaq     Sheriff Olanrewaju     Oko-Erin     Samuel Adedoyin     Ayo Opadokun     Salihu Alhaji Musa     Sulaiman Gado     Share-Tsaragi     Saheed Alakoso     Saadatu Modibbo-Kawu     Abdulfatah Ahmed     CCEPE     Ramat Oganija     ITEM 7     Farouk Salim     Logun     Mumini Ishola Hanafi     Ishaq Oloyede     Police Commissioner     Raliat Elelu-Habeeb     Taiwo Joseph     Falokun-Oja     Quareeb     Elerin Of Adanla     Mutawali     Abdulganiyu Salahudeen