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 Primary Health Care Development Agency     Ahmed Shuaib Buranga     Bamikole Omishore     Gbenga Awoyale     Agbarere     Moro     Ganmo     Akeem Olatunji     Ilorin Muslim Community     Nigerian Correctional Service     Mashood Abdulrafiu Agboola     Khairat Gwadabe     Matthew Babaoye     Habeeb Abdullahi Al-Ilory     Bisi Kristien     Abdullahi G. Mohammad     Adedeji Onimago     Olushola Saraki     Kisira     Quarry Royal Valley     Imodoye Writer’s Enclave     Alloy Chukwuemeka     Joseph Offorjama     Abdul-Rahoof Bello     Kwara State Fish Farmers Association     Ishaq Abdulkarim     Nagode     Alimi     Ilorin General Hospital     Ibrahim Bio     Belgore     Aisha Buhari     Sa\'adu Salau     Mahmud Durosinlohun Atiku     Adamu Ibrahim Sabi     Patigi Regatta     Otuka     Abubakar Kawu Baraje     Muazam Nayaya     Emir Of Shonga     Shururat Olatinwo     Pategi     Ilesha-Gwanara     Laboratory-to-Product     Offa Descendants Union     Saidu Kawu     Abdulrahman Abdulrazak     Yusuf AbdulRasheed     Alabere     Tanke Flyover Bridge     Wasiu Onidugbe     Wale Oladepo     Opaleke Bukola Iyabo     Mahmud Babatunde Baker     Road Transport Employers Association Of Nigeria     Bolakale Ayo     Tunde Yusuf     Vasolar-Kwara Company Ltd     Special Agro-industrial Processing Zone     Face Masks     NITDA     George Funsho Adebayo     Harmony Holdings     Patience Jonathan     Haliru Yahaya     Maryam Ado Bayero     Awoye     Quranic Recitation Competition     Budo Egba     Dele Momodu     Offa     Senior Ibrahim Suleiman     Ahmad Olanrewaju Belgore     Rice Farmers Association Of Nigeria     Samuel Adedoyin     Toyin Falola     HYPPADEC    

Cloud Tag: What's trending

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

Aso Ofi     Muhammed Abdullahi     Agbarigidoma     Balogin Alanamu     Taofeek Sanusi     Hassan Saliu     Olusola Saraki     Ndakene     Sheriff Olanrewaju     Ilorin.Info     Adanla-Irese     Yahaya Seriki Gambari     Chief Imam Of Ilorin     Peter Amogbonjaye     Sango-UITH Road     Marufat Oladosu     Mohammed Lawal     Saeedat Aliyu     IHS     JSSCE     Afonja     Doyin Agbamu     George Funsho Adebayo     Press Release     Bilikis Oladimeji     T And K FOODS     Oyeyemi Olasumbo Florence     Ayinde Oyepitan     Ileloke     Saraki     Aro Yahaya     Abdulrahman Iliasu     Budo Egba     Kubra Kazum     Ballah     Balikis Jawondo     Bisi Oyeleke     Lawal Olohungbebe     Ahmed Bolaji Nagode     Saliu Ajia     Tope Daramola     Www.Kwarareports.com     Idris Amosa Saidu     Kawu Baraje     Suleman Abubakar     Segun Abifarin     Azeez Bello     Amada Jidda     Ilorin South     Kwara State Television (KWTV)     Wahab Kunle Shittu     Oye Tinuoye     Ramadhan     Curfew     Saka Asiat Ayinke     Abdulmajeed Abdullahi     Raimi Iyanda     Mashood Dauda     Ajibola Saliu Ajia     Assayomo     Haliru Dantoro     Societe Generale Bank Of Nigeria     Kazeem Oladepo     Abubakar Olusola Saraki     Kolade Solagberu     Col. Ibrahim Taiwo     College Of Education     Abdul-Rasheed Na\'Allah     Kwara Primary Health Care Development Agency     Abdulkadir Orire     Aminu Ado Bayero     Alfa Modibo Belgore     Basit Olatunji     Shaaba Lafiagi     Oke-Ero     Musa Ayinla Yeketi     Mujtabah Bature