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.

Balogun Ajikobi     Alimi Abdulrazaq     Umar Bayo Abdulwahab     Odolaye Aremu     Mahe Abdulkadir     Christopher Ayeni     Taofeek Sanusi     Afonja     Amoyo     Tope Daramola     Yahaya Muhammad     Abdulkareem Alabi     Muhammad Sirajo Aliyu     Rabiu Kwankwaso     Saheed Popoola     Ohoro Of Shao     Abdulrauf Aliyu     Junior Secondary School Certificate Examinations     Olatunji Ayeni     Okeose Christian Cementary     IHS Towers     Aminat Ahmed     FERMA     Olaitan Buraimoh     Isiaka Rafiu Mope     Rafiu Ajakaye     Ilorin Talaka Parapo (ITP)     Kwara State Fish Farmers Association     Assayomo     Ajayi Okasanmi     Amos Justus Sayo     Sulyman Atolagbe Alege     Tunde Yusuf     Adesoye College     Elerinjare-Ibobo     Usman Yunusa     Mahmud Babatunde Baker     Unicontinental Construction Company     Unilorin FM     Leke Ogungbe     Olota Of Odo-Owa     Kwara State Branch Of The National Library     Egbejila     Lanre Aremu     Bayo Ajia     Olupako     Aminu Ado Bayero     Folaranmi Aro     S.O. Opowoye     Kwara State Fire Service     Pius Abioje     Kwara State Internal Revenue Service     Sulyman Age AbdulKareem     Florence Saraki     Mujtabah Bature     EndSARS     Ajike People Support Centre     Medview Airlines     KwaraLearn     Abdullahi Biffo     Mamatu Abdullahi     Oju Ekun Sarumi     Mope Dasuki Belgore     Hameed Oladipupo Ali     Y.A. Abdulkareem     UNILORIN Alumni Association     KW-GIS     Joshua Adeyemi Adimula     Iponrin     Kaosarah Adeyi     Valsolar Consultoria     International Vocational Centre     Abdulkadir Remi Hawawu     Bello John Olanrewaju     Abdulrahman Iliasu     Volunteers Of Ilorin Community And The Emirate     Funmilayo Braithwaite    

Cloud Tag: What's trending

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

Bola Tinubu     Kwara Muslim Pilgrims Welfare Board     Veterinary Teaching Hospital     Titus Suberu-Ajibola     Ahmad Uthman     Tunde Oyawoye     Oke-Ode     Mohammed Ibrahim     Abdullahi Imam Abdullahi     Ilorin Central Mosque     Durosinlohun Kawu     Isapa     Alimi Abdulrazaq     Owo Isowo     Kannike     Muyiwa Oladipo Kanu     Yusuf Amuda Abubakar     Funmilayo Braithwaite     Yahaya Jibril Usman     Suleiman Yahya Alapansapa     Shola Odetundun     Ashiru     Saliu Tunde Bello     Trade Lenda SME Fair     Olayinka Oladapo Jogunola     Hameed Oladipupo Ali     Bayer Nigeria Limited     Damilola Yusuf Adelodun     Pakata Patriots     Saka Keji     Mujtabah Bature     Facebook     Vasolar Consortium     Abdullahi Biffo     Oasis Muslim Care Foundation     Mahmud Ajeigbe     Ilorin Like-Minds     Taibat Ayinke Ahmed     Jelili Yusuf     Hauwa Nuru     Ahmed Mohammed Rifun     Odogun Olushola Gabriel     Raymond Olaitan     Tunji Arosanyin     Ajase-Ipo     Kwha.gov.ng     Al-Adaby     Donatus Ejidike     Freshvine Nigeria Limited     Vishvas KOZ Tractors     Oya State     Muideen Olaniyi Alalade     Olabode Towoju     Ahmad Olayiwola Kamaldeen     Kulende-UITH     Abdulrazak Shehu Akorede     Kwara North     Gbenga Adebayo     Alfa Modibo Belgore     KWACOBPA     Oloje     Babatunde Ajeigbe     Senior Staff Union Of Colleges Of Education     Kwara State Television     Salihu Ajia     Ayinde Oki     March 18     Opaleke Bukola Iyabo     Adijat Adebiyi     Fawenu     Mansurat Amuda-Kannike     Jimba Babatunde     Adolescent Girls Initiative For Learning And Empowerment     Temitope Ogunbanke     Christian Association Of Nigeria     Ayodele Kuburat Olaosebikan     Umar Ayinla Saro