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.

Muhammad Fawaz Abubakar     Tunde Kazeem     Malete     Funke Adedoyin     Simeon Ajibola     Yeketi     Sodiya     Rafiu Ajakaye     Akanji     Ayegbeni     Kemi Adeosun     Alikinla     Suwa-Arabs     Waziri Yakubu Gobir     Kwabes     Durbar Festival     Yusuf AbdulRasheed     Aso-ofi     Yahaya Abdulkareem Babaita     Henry Makinwa     Oloruntoyosi Thomas     Abikan     Binta Sulyman     Post Utme     Sidikat Akaje     Mutawalle     Abubakar Aliagan     Ayedun     Abubakar Ndakene     Pategi     Isa Aremu     Olayinka Olaogun     Tuesday Assayomo     Idowu Aremu     CELF     Tunji Folami     Okin Group     Ibikunle Ogunleye     Muslimah Entrepreneurship Forum     Gamji Members Association     Haruna Olawale Sulaiman     AbdulRaheem Ahmad Shayi     Gwanara     Bankole Omishore     Offa Metropolitan Club     Joseph Alex Offorjama     Abdulmumini AbdulRazaq     Reuben Paraje     Yakubu Shaaba     Yahaya Dumoye     Kale Bayero     Abdulrosheed Okiki     Oniyangi     Firdaos Amasa     NULGE     Shonga     Orisun Igbomina     Ajike People Support Centre     Abdulrahman Abdullahi Kayode     Kale Belgore     Balogun Ajikobi     Kwara State Geographic Information Service     Magaji Erubu     Ibrahim Labaika     IsDB     Dauda Adesola     Radio SBS     Olayinka Jelili Yusuf     Bareke     Olatunde Olukoya     UNIFEMGA     Abdulrahman Abdulrazaq     Jumoke Monsura Gafar     Yakubu Danladi     HICA     Ali Ahmad     Adaramaja    

Cloud Tag: What's trending

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

Laolu Saraki     Vasolar Consortium     Olusola Saraki     Nigeria Computer Society     Nigeria Association Of Women Journalists     Jimoh Lambe Abdulkareem     Sayomi     Abdul-Rasheed Na\'Allah     NSCIA     Amina El-Imam     Azeez Bello     Yusuf Babatunde Abdulwahab     Oba Abdulrahim     Undergraduate Bursary     Durbar     Garba Dogo     Ilorin International Airport     Lotus Bank     Akeem Lawal     Shero     Kunle Okeowo     Apaola     Eghe Igbinehi     AbdulKareem Yusuf Danhawa     Surajudeen Akanbi     Olabode Towoju     Naira Redesign     Dar-Al-Handasah Consultants     Jaigbade Alao     Wahab Abayawo     Share/Tsaragi     Mogaji Aare     Ibrahim Abdulkadir Abikan     Oba David Oyerinola Adedunmoye     Sardauna Of Ilorin     ARMTI     Yusuf Abdulkadir     Agboola Babatunde     Obuh     Jani Ibrahim     Ophthalmological Society Of Nigeria     Halidu Danbaba     Bello Abubakar     Coalition Of Kwara North Groups     Abubakar Atiku     Overland     Omotoso Musa     Afolabi-Oshatimehin     Adeleke Ogungbe     Saliu Ajia     Oloyede     Gbajabiamila     Mumeen Lah     Convocation Ceremonies     Yunus Lawal     Abraham Ojo     Kolo     Allocation     Muftau Akanbi Oke     Shehu Alimi Foundation For Peace And Development     Christopher Odetunde     Najim Yaasin     College Of Education     Makama Of Kaiama     Salihu Yahaya     Agbarere     Abdulsalam Firdaous Amosa     COEASU     Owo Isowo     Yusuf Lawal     Communication Network Support Services     Alao Ayotunde     Presidential Election     Offa Descendants Union     Amina Susa\'a De Ahmed     Baba Idris     Salman Alada