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.

Abdulmajeed Abdullahi     Mohammed Yisa     Oladimeji Thompson     Kwasu     Adolescent Girls Initiative For Learning And Empowerment     Alloy Chukwuemeka     March 28     Saheed Akinwumi     Olatunde Michaels     Moses Salami     Adisa Logun     Oya State     Shero     Okin Biscuits     Abdulazeez Uthman     Eruku     Ilesha Gwanara Road     National Information Technology Development Agency     Sabo-Oke     CELF     Facebook     Medview Airlines     Abdullah Janet Amudat     Risikat Lawal     Pakata     Irepodun     Aminat Omodara     Markaz Arabic And Islamic Training Institute, Agege     Kwara State Pension Board     Oyin-Zubair     Kwara State Football Association     Lanre Badmas     Lawal Arinola Kudirat     Ahmed Ayinla Jimoh     Abdulrahman Abdulrazaq     Christopher Odetunde     Read With Me     John Kehinde Salako     Aliyu Kora-Sabi     HAMFAT Clinic And Maternity     Adebayo Salami     Gbemisola Oguntimehin     Haruna Olawale Sulaiman     Firdaos Amasa     SWAN     Yusuf Abubakar     Agor Market     Saidu Yaro Musa     Isiaq Khadeejah     Ahmad Lawan     Dauda Adeniran Adeshola     Bond     Ibrahim Abdulqadir Abikan     Hakeem Idris     Moses Afolayan     George Innih     Theophilus Oyebiyi     Kwara State Fish Farmers Association     Alfa Modibbo Belgore     Chikanda     Overland     Unilorin     Tunji Folami     Federal College Of Education (Special), Afon     Adebara     Emmanuel Olatunji Adesoye     Otoge     Yahaya Jibril Usman     Fulani     Yusuf Abdulraheem     Ilorin International Airport     Umar Gunu     IEDPU     Ilorin Amusement Park     Lola Olabayo     Maigida     Bolakale Saka    

Cloud Tag: What's trending

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

Abdullahi AbdulMajeed     Adam Abdullahi Al-Ilory     Femi Gbajabiamila     HYPPADEC     Olatunde Olukoya     Olufolake Abdulrazaq     Ibrahim Akaje     Musa Alhassan Buge     Moshood Mustapha     Oniyangi Kunle Sulaiman     Asiwaju Bola Tinubu     Sarafadeen Kayode Akorede     Valsolar     Ike Ekweremadu     Gobirawa     Shonga     Ita-Nmo Market     Abdulwaheed Musa     Sabo-Oke     Nigeria Customs Service     Facebook     Basic Education Certificate Examination     Zulkifli Ibraheem     Sheikh Ridhwanullah     Senior Staff Union Of Colleges Of Education     Wahab Olasupo Egbewole     Ibraheem Adeola Katibi     Folorunsho Erubu     Rex Olawoye     Kwara Pdp     Afonja     Oluwole Dupe     John Obuh     Awoye     LEAH Charity Foundation     Joseph Offorjama     Col. Ibrahim Taiwo     Dar-Al-Handasah Consultants     Isau     Yaman     Vasolar Consultoria     COEASU     Oluwarotimi Boluwatife Adenike     Zubair Folorunsho Erubu     Yusuf Amuda Abubakar     Abdulrasheed Akogun     Computer Based Test     Post Utme     CUTI     Abdulazeez Uthman     Dogara     Aisha Abodunrin Ibrahim     Aminat Ahmed     Ope Saraki     Muhammad Toyin Sanusi     Farouk Salim     Shagari     Ghali Alaaya     KWATMA     Sulyman Atolagbe Alege     Gamji Members Association     Forgo Battery Company Limited     TESCOM 2025     Tsaragi-Share     PPS     Shola Odetundun     Modibo Kawu     Ilorin Likeminds Foundation     Yekini Adio     Idiagbon     Muslim Stakeholders Of Kwara State     20 Billion Bond     Ahmed Idris Mohammed     Saad Omo Iya     CACOVID Palliatives     Amuda Aluko     Kwara Primary Health Care Development Agency