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.

Najim Yaasin     Eleyele     Ilorin Muslim Community     General Hospital     Sidikat Uthman Ajibola     Raymond Olaitan     Lanwa     Abdulrauf Aliyu     College Of Education     Halimat Yusuf     Solomon Edoja     Gani Saadu     Okiki     Adamu Jemilat-Baki     Simeon Sayomi     Nurudeen Mohammed     Akorede     Adewuyi Funmilayo     Bashirat Bola Bello     Femi Ogunsola     Sayomi     Coalition Of Kwara North Groups     Abdulraufu Mustapha     Akeem Lawal     Sodiya     Olatunji Bamgbola     Oyedun Juliana Funke     Muhammed Akanbi     Akume     Olupako     George Innih     Wakilin Mata Lafiagi     Muhammadu Gobir     Ajase-Ipo     Isiaq Khadeejah     Sun Qing Rong     Balogun-Ojomu     Sambo Murtala     CLAY POT     Aliyu Muhammad Saifudeen     Tescom.kwarastate.gov.ng     Olatunji Ibrahim     Kolawole Bashirat     ANCOPPS     Maryam Ado Bayero     Olumide Daniel Ibitoye     Saka Asiat Ayinke     Baaziki Sulaiman     Share     Ilorin Emirate Stakeholders Forum     Albert Ogunsola     Musa Abdullahi     Kwara Polytechnic     Naira Redesign     Bibire Ajape     Nigeria Computer Society     Saadatu Modibbo-Kawu     Clement Yomi Adeboye     Saadu Yusuf     Kumbi Titilope     Suleiman Abubakar     Adamu Attah     Sheriff Olanrewaju     MATTA Girls Foundation     AbdulRasaq Abdulmajeed Alaro     Abdulrahman Abdulrazaq     Vasolar     Centre For Digital Economy     Ilorin.Info     Standard Organization Of Nigeria     Zaratu Umar     Inside Kwara     Sheu Ndanusa Usman     Niyi Ogundiran     Salihu Ajibola Ajia     Peter Obi     Musa Yeketi    

Cloud Tag: What's trending

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

Dagbalodo     Umar Bayo Abdulwahab     Oloruntoyosi Thomas     Adeleke Ogungbe     Bayer Nigeria Limited     Ilorin West     Local Government Pension Board     Saidu Yaro Musa     Deji Ajani     Abdulrasaq Alaro     Aso-ofi     Ahmed \'Lateef     Oyedun Juliana Funke     Allocation     Ibrahim Taiwo Road     Lukman Oyebanji Fagbemi     FOMWAN     NIPOGA     Ojuekun     Borgu     Garba Ayodele Wahab     Arinola Fatimoh Lawal     Bola Tinubu     PharmAccess Foundation     Code Of Conduct     Nurudeen Mohammed     AGILE Programme     Kola Adesina     Kwara State Polytechnic     Kwara North     Isiaka Danmeromu     Guber Aspirant     Mashood Dauda     NULGE     Dunmade     Grillo     Metro Park     Ilesha-Gwanara     Hassan A. Saliu     Olatunji Ayeni     Lafia Aliyu Korasabi     Alumni Association Of The Federal Polytechnic Offa     Jamiu Oyawoye     Kamoru Kadiri     Kwara Politics     Ayinde Oyepitan     A.G.F Abdulrasaq     Abdulmalik Bashir Mopelola Risikatullahi     Ronke Adeyemi     Ajikobi     Ojo Isekuse     Ubandawaki     Siraj Oyewale     Ibrahim Oniye     Madawaki     Shehu Salau     AIT Ilorin     Kubra Kazum     Nnazua     Crystal Corner Shops     Esuwoye     Suwa-Arabs     Oju Ekun Sarumi     Ilorin Innovation Hub     Saliu Tunde Bello     Coalition Of Kwara North Groups     Ekiti     Saliu Ajia     Government Girls’ Day Secondary School Pakata     Sunday Fagbemi     Plat Technologies Limited     Ahmed Alhasssan     KWASAA     Abdulrauf Yusuf     Muslim Media Watch Group Of Nigeria     Moshood Bakare     Bola Shagaya