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.

Ben Duntoye     Ojuekun Sarumi     Yusuf Mubarak     Alimi     Jani Ibrahim     Muslim Stakeholders Of Kwara State     Tunde Akanbi     Vasolar-Kwara Company Ltd     Aliyu Salihu     Saba Jibril     Police Commissioner     AbdulRasaq Abdulmajeed Alaro     Kawu     Universal Basic Education Commission     Olukotun Of Ikotun     Vishvas KOZ Tractors     Offorjama     Simon Sayomi     Abdulquowiyu Olododo     Dasuki Belgore     Esuwoye     Kwara-SAPZ Project     Ibraheem Abdullateef     Standard Organization Of Nigeria     Okala Baba     Gbemisola Saraki     Al-Hikmah University     Onilu     Michael Nzekwe     Salaudeen Oyewale     ER-KANG Mining Nigeria Company Limited     Suleiman Rotimi Iliasu     Haliru Dantoro     Labaeka     Charcoal     Oba-Solagberu     Folashade Omoniyi     Adeola Abraham     Shururat Olatinwo     General Tunde Idiagbon International Airport Ilorin     Aro Yahaya     Bank Of Industry     Isau     Unilorin     Funmilayo Zubair     Mohammed Lawal     NSCIA     Issa Oloruntogun     Tunji Arosanyin     Elese Of Igbaja     Alore     AbdulGaniyu Kareem     Opaleke Bukola Iyabo     Boko Haram     Ganmo     Mohammed Khadijat Kubura     Kwha.gov.ng     Surajudeen Akanbi     Okiki     Pius Abioje     Kola Ologbondiyan     Atiku     Danhawa     Jamila Bio Ibrahim     Oba Abdulraheem     Saeedat Aliyu     Maimunat Oloriegbe     Ajasse-Ipo     Shehu Raheem Adaramaja     Ilorin Emirate     Modibo Kawu     Musa Ayinla Yeketi     Okoolowo     Najim Yaasin     Iliasu     Post Utme     Amule Elementary School    

Cloud Tag: What's trending

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

Ariyo     Moro     Bilikisu Oniyangi     Iyaloja-General     Ita-Ore     NIRSAL     Kunle Okeowo     Chartered Institute Of Personnel Management Of Nigeria     Bashiru Makama     Olusola Saraki     Egbejila     Democracy Day     Kishira     Oko Erin     Otuka     Abdulkadri Ahmad Alaiye     Kwara 2023     Muhammad Sirajo Aliyu     Abubakar Baba     Abdulrasheed Na\'Allah     Lucky Omoluwa     Kwarareports     Moremi High School     Gwanara     Abubakar Abdulraheem     Nigerian Correctional Service     Memunat Monsuma     Yahaya A Paniyaro     Osi     Saduki Lafiagi     Shehu Alimi Foundation For Peace And Development     Lanwa     Iqra Books     Sambo Murtala     Senior Ibrahim Suleiman     United Nigeria Airline     Okeose Christian Cementary     JAMB     Sheikh Hamzat Yusuf Ariyibi     Government High School Adeta     Code Of Conduct     Ministry Of Women Affairs And Social Development     Gambari     Toyin Sanusi     BECE     Yakub Lai Gobir     Ike Ekweremadu     Abraysports FC     Naira Redesign     Kumbi Titiloye     Unicontinental Construction Company     Segun Abifarin     Majlis For Sadaqah, Zakat And Waqf     Lawal Jimoh     LABTOP     Kwarareports.com     Paul Olawoore     Ganmo     Emir Of Ilorin     Academic Staff Union Of Universities     Offorjama     Turaki Of Ilorin     Valsolar     Olatunde Jare     Hussein Oloyede     AIT Ilorin     Read With Me     AGM Professional Services     Saka Abimbola Isau     Oba Sulaiman Asude     Ibrahim Taiwo Road     Oja-Oba     Saidu Yaro Musa     Kawu     Garba Dogo     Ganmo Electricity Sub-Station     Timothy Olatunde Fadipe