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.

Idris Garuba     Olawuyi     Muyiwa Oladipo Kanu     Kwara State Coalition Of Business And Professional Associations     Turaki Of Ilorin     Ramadan     Muslim Media Watch Group Of Nigeria     Arinola Fatimoh Lawal     Unilorin     Salary     Edu     Kunle Okeowo     Bayo Ojo     Suraj Tunji Oyewale     Apaola     Mohammed Saidu     Alfa Belgore     Elesie Of Esie     Ilorin Emirate Stakeholders Forum     Dar-Al-Handasah Consultants Ltd     Bello Oyedepo     Asiwaju Bola Tinubu     Okasanmi Ajayi     Lola Olabayo     GAMA     Farouk Salim     Malete     Sheriff Olanrewaju     Bilikisu Oniyangi     Afonja     Kwabes     Fatimat Saliu     HAMFAT Clinic And Maternity     Kale Belgore     Abdulmajeed Wahab     Hameed Oladipupo Ali     Abdul-Rasheed Na\'Allah     Abdullahi Atanda     Dele Belgore     Joseph Daudu     Otuka     KWACOBPA     Oja-Oba     Abdullahi Samari     HICA     Omotosho     Barakat Community Secondary School     Ibrahim Agboola Gambari     Najim Yaasin     Yahaya Seriki Gambari     Diagnostic Centre     Tunji Folami     Yahaya Dumoye     KW-GIS     Lola Ashiru     Smart School     Abdulraheem Olesin     Kaosarah Adeyi     Isin     Ike Ekweremadu     Lasiele Alabi Yahaya     Abdullahi Dasilva Yussuf     David Oyerinola Adedunmoye     Chartered Institute Of Personnel Management Of Nigeria     Kuliyan Geri     Aso Ofi     Amusa Bello     SAPZ Project     Ibrahim Abdulqadir Abikan     Basic Education Certificate Examination     Bureau Of Lands     Olusola Saraki     Funmilayo Mohammed     Kola Ologbondiyan     Toyin Saraki     Odogun Olushola Gabriel     Memunat Monsuma    

Cloud Tag: What's trending

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

Kwha.gov.ng     Sarkin Malamai     Gbemisola Saraki     Alaaya     Reuben Paraje     Sunday Popo-Ola     Abdulkareem Alabi     Ilorin International Airport     Opobiyi     Shao     Abubakar Baba     Amusa Bello     Alabe     IHS Towers     Abdulrahman Onikijipa     Adekunle David Dunmade     Suleiman Idris     Irepodun     Christopher Ayeni     Taofik Abdulkareem Babaita     Federal College Of Education (Special), Afon     International Public Sector Accounting Standards     Kwara State Internal Revenue Service     Rueben Parejo     State Bureau Of Internal Revenue     Owo Isowo     Mashood Dauda     Abdulrasheed Lafia     Ado Ibrahim     Kayode Ishola     Gbugbu International Market     Saka Abimbola Isau     Saadu Alanamu     Abdullahi Biffo     Tanke     Government Girls’ Day Secondary School Pakata     Yusuf Arowosaye     Minimum Wage     Musibau Akanji     Yusuf Olaolu Ali     Aisha Ahman Pategi     Saeedat Aliyu     NIPR     Ibrahim Issa Jetti     Odolaye Aremu     Edu     Vishvas KOZ Tractors     Aro Yahaya     Muhammed Aliyu     Hassan A. Saliu     Saka Balikis Kehinde     Twitter     Oladimeji Thompson     Al-Hikmah Radio     Folajimi Aleshinloye     Junior Secondary School Certificate Examinations     Cornelius Adebayo     Wahab Issa     Onilorin Of Ilorin     Democracy Day     Ronke Adeyemi     Olushola Saraki     Shuaib Jawondo     KWSIEC     Ilorin Airport     Albert Ogunsola     Logun     John Olajide Adedipe     Benin Republic     ER-KANG Mining Nigeria Company Limited     Kwara     Abdulfatah Ahmed     Buari Edun     Tunde Oyawoye     Olayinka Are     Rihanat Ajia     Olaitan Buraimoh