Court orders forfeiture of Saraki's Ikoyi property
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Ella Supreme Tissue Paper Arinola Lawal Durbar Quran Abdullahi G. Mohammad Wole Oke Bisi Oyeleke Ibrahim Oniye COEASU Usman Alkali Baba Hassan Abdulazeez Elewu Ajike People Support Centre Valsolar Consortium IQRA College Oloye Abubakar Baba Wahab Egbewole Kayode Alabi Afin Descendants Union Of Odo-Owa Yusuf Amuda Gobir Kehinde Boyede Facemasks Col. Adedipe Musa Yeketi Abdulfatah Ahmed Yusuf Abdulraheem Titus Ashaolu Sola Saraki Educational Foundation Mohammed Tunde-Jimoh Galland Marcias Olayinka Are Kwara State Fish Farmers Association College Of Health Bola Ahmed Tinubu AbdulGafar Tosho Jide Ashonibare Shonga Abiodun Abdulkareem Saheed Akinwumi Sulaiman Gado Abdulsalam A. Yusuf Saliu Oluwole Asa LGEA School James Ayeni NIPOGA Computer Based Test COVID Abdullateef Abdussalam Ayobami Akanbi Kola Adesina Tafida Of Kaiama Garba Dogo Alaiye Tinubu Legacy Forum Chartered Institute Of Personnel Management Of Nigeria SUBEB Ben Duntoye Erin-ile Bashir Adigun Veterinary Teaching Hospital Aliyu Muyideen Dar-Al-Handasah Consultants Muslim Stakeholders Of Kwara State Bello Oyebanji Sa\'adu Gambari Mope Dasuki Belgore Sarah Alade New Nigeria People’s Party Rafiu Olasile Kwara 2015 Yusuf A. Usman Gobir Organization Foundation Rasaq Jimoh Wahab Femi Agbaje Earlyon Technologies HICA Bamidele Adegoke Oladimeji

