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.

Shehu Jimoh     Dan Iya     Lawan     Hydro-electric Power Producing Areas Development Commission     Otoge     Saidu Kawu     Shehu Adaramaja     Shagari     Kunle Suleiman     Quranic Recitation Competition     Esuwoye     Kehinde Baale     Joseph Daudu     Abdul-Rasheed Na\'Allah     Chief Imam Of Omu-Aran     Gambari     Musa Abdullahi     Senate Presidency     Shaaba Lafiagi     Rapheal Ashaolu     UITH     Magaji Nda     Kamaldeen Ajibade     Abdulmumini AbdulRazaq     TESCOM 2025     Segun Adeniyi     Hauwa Nuru     Binta Abubakar Mora     Towoju     Sam Onile     Lucky Omoluwa     KwaraLearn     Oko-Olowo     Ishaq Abdulkarim     Owu Fall     Okin Biscuits     Yusuf Lawal     Saheed Popoola     International Aviation College     Saraki     Baba Idris     Junior Secondary School Certificate Examinations     SDP     Law School Scholarship     Oke-Oyi     Basic Education Certificate Examination     Olatunde Jare     Olumide Daniel Ibitoye     Aasiyat Bello Oyedepo     Zainab Abass     Chief Of Staff     Olusin Of Ijara Isin     Saeedat Aliyu     Baaziki Sulaiman     Abdulrasheed Na\'Allah     Jimoh Saadudeen Muhammed     Michael Imoudu National Institute For Labour Studies     Okanlawon Musa     March 18     Rasheed Jimoh     Ado Ibrahim     Olatinwo     Kwara State Fire Service     Emir Of Shonga     Mamatu Abdullahi     Olatunji Ibrahim     NULGE     Ileloke     Elewu     Michael Nzekwe     Razaq Ayobami Akanbi     IEDPU     Toyin Falola     Kudirat Arinola Lawal     Wahab Kunle Shittu     Busari Alabi Alausa     Oloje    

Cloud Tag: What's trending

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

Convocation Ceremonies     ANCOPPS     Islamiya Abdulraheem     Shagari     Facemasks     KWASSIP     Mustapha AbdulGaniyu     Ahmad Fatima Bisola     Dan Iya     Samuel Adaramola     Jaiz Bank     KWASAA     Saidu Yaro Musa     Offorjama     Bibire Ajape     Elerinjare-Ibobo     Haliru Yahaya     HYPPADEC     Abdulmumini Sanni Jawondo     Clement Yomi Adeboye     National Pilot     Lanre Issa Onilu     Amule     Garuba Alikinla Shittu     Peter Amogbonjaye     Makama Of Ilorin     Abdulmajeed Wahab     Fatai Adeniyi Garba     Oko     Ilorin Like-Minds     Sanitation Exercise     Oloruntoyosi Thomas     Muritala Awodun     Abdulganiy Abimbola Abdussalam     Rotimi Oyedepo     Muhammed Akanbi     Kwara Teaching Service Commission     HAMFAT Clinic And Maternity     MMWG     Ilorin West     Ilorin Emirate Staff Association     Hakeem Lawal     Agboola Babatunde     AbdulHakeem Ajibola Akanbi     Dauda Adeniran Adeshola     Alanamu     Emir Of Shonga     PPS     Tuesday Assayomo     Abubakar Suleiman     Third Estate     Jumoke Gafar     Opobiyi     Bashir Adigun     Kolawole Akande     Saduki Lafiagi     Ilesha-Gwanara     Ilorin Water Reticulation     Umar Sanda Yusuf     Centre For Peace And Strategic Studies     Christopher Ayeni     SSA Youth     Maimunat Oloriegbe     Surajudeen Akanbi     Bature Bello     Kamaldeen Gambari     Atunwa     GAMA     Onilupeju Of Ilupeju     Ubandoma Of Ilorin     Jaigbade Alao     Ahman Pategi     AbdulRazaq Jiddah     Aishat Mohammed Lawal     Abdul Jimoh Mohammed     Oyedun Juliana Funke     Alabe