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.
Abubakar Lah Raliat Islamic Foundation Shuaib Jawondo Ilorin Amusement Park Awoye Mary Arinde Local Government Monthly Sanitation Exercise Baba-Isale Oke-Ero QuickWin Roheemat Hammed Hassan Abdulazeez Elewu KW-GIS Majlis For Sadakah, Zakat And Waqf Femi Agbaje Wale Oladepo Kwara 2023 Nigeria Association Of Women Journalists Kamoru Kadiri 2023 Elections State Bureau Of Internal Revenue Ahmad Olanrewaju Belgore Ishaq Abdulkarim Haliru Yahaya Otoge Edret Sabi Abel Sulaiman Gado Law School Scholarship Shehu Alimi Foundation For Peace And Development IYA ALFA NLA Suleiman Ajadi SWAN Adeleke Ogungbe LAK Jimoh Ethical College Adeniyi Ojo Sarafadeen Kayode Akorede Muhammed Taofeeq Abdulrazaq Yekini Adio Adaramaja Sa\'adu Gambari Lanre Badmas Laduba Gwanara Kayode Oyin Zubair Hassan Saliu Alabi Olayemi Abdulrazak Bamidele Adegoke Oladimeji Ali Ahmad Abiodun Oyedepo Gbugbu Olusola Saraki C2c@kwarastate.gov.ng Taofik Abdulkareem Babaita Taibat Ayinke Ahmed Egbejila Ayo Opadokun Micheal Imoudu Ilorin Talaka Parapo (ITP) Aminu Ado Bayero Ibrahim Abduquadri Abikan Olohungbebe Temitope Ogunbanke GANZY Rafiu Ibrahim March 28 Baba Issa Awoye Isiaka Danmeromu Moses Adekanye Olofa Of Offa Coalition Of Kwara North Groups Logun Idris Amosa Oladipo Saidu Abdulrasaq Alaro Cornelius Adebayo Olomu Of Omu-Aran

