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.

Nigeria Customs Service     Ibrahim Labaika     Women For Change And Development Initiative     Muyiwa Oladipo Kanu     Offa Grammer School     Bamidele Aluko     Dauda Adeniran Adeshola     Kwara TV     Jeunkunu-Malete-Bani     Coronavirus     Aisha Abodunrin Ibrahim     Susan Modupe Oluwole     Abubakar B.M     Ali Ahmad     Monkey Pox     Abdulraheem Olesin     Ohoro Of Shao     Iyabo Dupe Adekeye     Tunde Oyawoye     Adesina Simon Sodiya     Mutawalle     Damilola Yusuf Adelodun     Yakubu Gobir     UITH     George Funsho Adebayo     New Nigeria People’s Party     Olofa Of Offa     Iliasu     FOMWAN     Olawuyi     QuickWin     Kumbi Titiloye     Ibrahim Abdullahi     Yakub Ali-Agan     Bola Ahmed Tinubu     Fulani     Isiaka Alikinla     Gbemisola Saraki     Moshood Mustapha     Yahaya Abdulkareem Babaita     Okin High School     ARMTI     Saadu Alanamu     Ayinde Oki     KSIRS     Lukman Oyebanji Fagbemi     Salihu S. Yaru     International Aviation College     Public Holiday     Osinbajo     Idi-Ape     LEAH Charity Foundation     John Olajide Adedipe     Bello Oyedepo     Leke Ogungbe     Alfa Modibo Belgore     High Court     Olukotun Of Ikotun     Special Agro-Industrial Hub     Sango-UITH Road     Idofin     Oyedepo     Abdulkarim Adisa     Oko-Olowo     Ayinke Saka     AbdulHakeem Ajibola Akanbi     Tsaragi/Share     Amuda Musbau     Abdulwahab Oba     Salman Suleiman     College Of Arabic And Islamic Legal Studies     Sulu Babaita Isiaka     Ilorin General Hospital     Yusuf Abdulwahab     Haliru Dantoro     Oba Sulaiman Asude     Amoyo    

Cloud Tag: What's trending

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

Saliu Oluwole     Shade Omoniyi     CT Ayeni     Bankole Omishore     Temi Kolawole     Ibrahim Sulu Gambari     Tafidan Kaiama     Abdulfatah Ahmed     Oko     Amos Sayo     Adeola Abraham     Oluronke Adeyemi     Dauda Adesola     Gbenga Olawepo     Vasolar-Kwara Company Ltd     Abdulazeez Arowona     Quran     Arca Santa     Kayode Zubair     Bolaji Nagode     Abdullahi Adisa Akodudu     T And K FOODS     YAKOOYO     Colleges Of Education Academic Staff Union     Tinubu Legacy Forum     Muritala Awodun     International Public Sector Accounting Standards     Ahmad Fatima Bisola     Emmanuel Bello     Umar Bayo Abdulwahab     Mohammed Lawal     Shehu Alimi Foundation For Peace And Development     Saliu Ajibola Ajia     Chief Imam Of Lafiagi     Senior Ibrahim Suleiman     Jumoke Monsura Gafar     Florence Saraki     Senate Presidency     Tanke Road     Tafida Of Kaiama     Oro Grammar School     Mohammed Khadijat Kubura     Kwara University Of Education     Code Of Conduct Tribunal     Kwara Consultative Forum     Abdulmalik Bashir Mopelola Risikatullahi     Surajudeen Akanbi     Kisira     Owode Market     Muhammad Akande Olarewaju Odunade     Hausa     Alfa Belgore     Abdulkadir Remi Hawawu     Opaleke Bukola Iyabo     Madawaki Of Ilorin     Sa\'adu Salahu     Chikanda     Yahaya Abdulkareem     Dagbalodo     Yusuf Abdulraheem     National Association Of Nigerian Students     Economic And Financial Crimes Commission     Baba Idris     HAMFAT Clinic And Maternity     Akeem Lawal     NIRSAL     Ganmo Power Sub-Station     Bola Olukoju     Ilorin South Constituency     Plat Technologies Limited     Awili Pedro     Tope Daramola     MATTA Girls Foundation     Abdulhakeem Adelaja Amao     Saka Aleshinloye     Muhammad Mustapha Suleiman     Abdulraufu Mustapha