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.

Kwara Basketball Association     Ahmed     Offa Metropolitan Club     Saidu Isa     Adamu Ibrahim Sabi     Valsolar     Oba Sulaiman Asude     Ilorin Anchor Men And Women     Orire     Umar Ayinla Saro     Sadiq Umar     CCT     Tanke     Tunde Oyawoye     Nnazua     Abdulfatai Salman Baakini     Kwara Polytechnic     Tricycle Owners Association Of Nigeria     Revenue Court     John Olobayo     Rafiu Ajakaye     Ali Ahmad     Abdulrasheed Lafia     Babajide Ajayi     Sebastine Obasi     Ilorin East     Paul Odama     National Broadcasting Commission     Ahman Pategi University     Salihu S. Yaru     Doyin Agbamu     Kwarareports.com     Folorunsho Erubu     Galadima     Abubakar Olusola Saraki     Oba Abdulkadir La\'aro     Yoruba     Hydroelectric Power Producing Areas Development Commission     Titus Suberu-Ajibola     Madawaki     AbdulRazaq AbduMajeed Alaro     Alabi Olayemi Abdulrazak     Ibrahim Orire     Peter Obi     Amos Bajeh     Iqra Books     Local Government     Issa Baba     Ayinde Oyepitan     Islamiya Abdulraheem     Prince Mahe Abdulkadir     Medview Airlines     Onikijipa     Shero     Kwara State Football Association     NaAllah     KWAFFA     Akume     Eghe Igbinehi     Aishatu Ahmed Gobir     IQRA College     Abdulhakeem Amao     Idris Amosa Oladipo Saidu     Demola Banu     Fawenu     Shururat Olatinwo     Christian Association Of Nigeria     Sa\'adu Gambari     Yakubu Shaaba     Allocation     Iyabo Dupe Adekeye     Iponrin     Neuropsychiatric Hospital     Mujtabah Bature     NFAI     Magaji Nda     Olatunji Abdulmumeen    

Cloud Tag: What's trending

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

ER-KANG     Aminu Ado Bayero     Emir Of Kano     Ado Bayero     Ilorin Emirate Stakeholders Forum     Shade Omoniyi     Aminat Ahmed     Yahya Mohammed     Bature Bello     Wahab Egbewole     Aliyu Adebayo     Government House     Dogara     Kwara Muslim Pilgrims Welfare Board     Ilorin Central Mosque     Zulu Gambari     Kwara University Of Education     Yusuf Lawal     Aliyu U. Tilde     Salaudeen Oyewale     Baruba     Abdulrasheed Akogun     Isiaka Abdulrazak     Umaru Saro     Abdulhakeem Amao     Siraj Oyewale     Isiaka Danmeromu     Otoge     Alanamu     Tunde Saad     Ilorin West     Shaykh Luqman Jimoh     Ilorin Like-Minds     Kunle Akogun     Damilola Yusuf     Hassan Taiye Salam     Adeniyi Ojo     Dan Masanin     Agor Market     David Adesina     Gbenga Awoyale     Kwara Poly     Eruku     Prince Bola Ajibola     Micheal Imodu-Ganmo Road     Ishola Abdullahi     Garba Ado Sanni     Binta Sulyman     Saka Isau     KFA     Coalition Of Kwara North Groups     Isau     Ajidagba     Buari Edun     Sheikh Ariyibi     Saliu Oluwole     Opolo Global Innovation Limited     Haruna Olawale Sulaiman     Shettima     Radio SBS     Adamu B. Yaqubu     Ilorin Likeminds Foundation     Unicontinental Construction Company     Orisa Bridge     Mahe Abdulkadir     Fatai Garuba Labaka     Saka Keji     Www.Kwarareports.com     Twitter     Yoonus Kola Olatinwo     Musa Alhassan Buge     Sarah Alade     College Of Education     AbdulHamid Adi     Aishatu Ahmed Gobir     Aliyu Alhassan     Adisa Logun