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.

Kale Bayero     SAPZ Project     Abatemi-Usman     Nigerian Correctional Service     Yusuf Amuda Gobir     Saliu Alamoyo     Agboola Babatunde     Shonga Farm Project     Olabode George Towoju     Agor Market     SSUCOEN     Nigeria Computer Society     Umar Bayo Abdulwahab     Folajimi Aleshinloye     Kuliyan Geri     Abdulrahman Abdulrazak     Kisra     Joshua Adeyemi Adimula     Federal Road Maintenance Agency     Joseph Yemi Ajayi     Ijagbo     Muslimah Entrepreneurship Forum     Oba Abdulkadir La\'aro     Ibrahim Bio     Kolawole Akande     Saidu Yaro Musa     AIT Ilorin     Afeyin-Olukuta     Ayobami Akanbi     NSCIA     Moji Makanjuola     V.O. Abioye     Baruba     Abraham Ojo     Adedipe     Iyabo Adewuyi     Islamic Development Bank     KwaraLearn     Lateef Ademola Olatunji     Jide Oyinloye     Sulu Babaita Isiaka     Abdullah Janet Amudat     Babatunde Idiagbon     Mope Dasuki Belgore     Tsaragi-Share     Reuben Paraje     Elerin Of Erin-Ile     Ajia-Bako     Abdulhakeem Adelaja Amao     Folorunsho Alao     Suleiman Mora Omar     Gamji Members Association     Mohammed Tunde-Jimoh     Alimi Abdulrazaq     Ayodele Kuburat Olaosebikan     Sheriff Shagaya     Tunde Oyawoye     Yahaya Oloriegbe     Sheikh Ridhwanullah El-ilory     Wasiu Odewale     Lai Gobir     Segun Olawoyin     Government House     Kwarareports.com     Abdulkadir Orire     Unilorin FM     Abdullahi Biffo     Abdulrahman Abdulrazaq     3MTT     Oluronke Adeyemi     Yusuf Amuda Aluko     Budo-Egba     Aliyu Kora-Sabi     Prince Bola Ajibola     Budo Egba     Lithium Deposit     AbdulRazaq AbduMajeed Alaro    

Cloud Tag: What's trending

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

Peter Amogbonjaye     Omotoso Musa     Bisi Oyeleke     Bamidele Adegoke     Oyedun Juliana Funke     Olaoye B. Felix     Dauda Adesola     Idowu Aremu     Mohammed Kamaludeen     Orisun Igbomina     Ministry Of Women Affairs And Social Development     Saliu Oluwole     Sheikh Ridhwanullah     Yusuf Abdulraheem     Rafiu Ajakaye     Muhammad Sirajo Aliyu     Kwara State Pension Board     Kunle Okeowo     Adisa Logun     CBT     Hikmah AbdulKareem     Abioye Bello     Segun Abifarin     Lawan     Yakub Lai Gobir     Yusuf Abubakar     Ladi Hassan     Tunde Kazeem     Hassanat Bello     Aasiyat Bello Oyedepo     Lawyers Unite Against Corruption     Mohammed Abduraheem     Voices Of Tomorrow     IDPU     Hussein Olokooba     Oke-Oyi     Idiagbon     Yakub Ali-Agan     Muftau Akanbi Oke     Abiodun Jacob Ajiboye     Ibrahim Labaika     Ayinde Oki     Iyiola Oyedepo     Okin Biscuits     Sam Onile     Prince Sunday Fagbemi     Tsado Manman     Sulu Babaita Isiaka     AbdulRazaq AbduMajeed Alaro     Umar Saro     Trade Lenda SME Fair     Onikijipa     Basic Education Certificate Examination     Ishola Moses Abiodun     Tunde Idiagbon Road     Ajibike Katibi     Muhammed Akanbi     Oniyangi Kunle Sulaiman     Apado     HAMFAT Clinic And Maternity     IFK     Pilgrims Board     Yusuf Mubarak     Ndakene     Kaiama     Aminat Ahmed     Peculiar Allowance     Yahaya A Paniyaro     Abubakar B.M     Omu Aran     Kwara State Fish Farmers Association     Ademola Kiyesola     KWASAA     Wakilin Mata Lafiagi     Olatinwo     Idris Amosa Oladipo Saidu     Kwha.gov.ng