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.

Afolayan     Agor Market     Yusuf Abubakar     Muyideen Ajani Bello     Mohammed Yahaya Barki     Y.A. Abdulkareem     Saliu Oluwole     Laboratory-to-Product     Simon Sayomi     Sobi Specialist Hospital     Patigi Regatta     Tricycle Owners Association Of Nigeria     Agboola Babatunde     Olokoba Sulyman     Adanla-Irese     Joseph Alex Offorjama     Ahmed Alhasssan     Abdulrauf Aliyu     Oba Abdulraheem     Nigeria Foundation For Artificial Intelligence     Ibrahim Mohammed     TIIDELab     Ekiti     Olatunde Olukoya     Jimoh Saadudeen Muhammed     Hausa     Sambo Murtala     Falokun-Oja     State Bureau Of Internal Revenue     Quranic Recitation Competition     Abdullateef Abdussalam     Salihu S. Yaru     Osuwa     Mansurat Amuda-Kannike     Soffiyyallah Kamaldeen     Yekini Adio     Bola Ahmed Tinubu     Garuba Alikinla Shittu     Suleiman Ajadi     School Of Nursing     Kehinde Baale     Alanamu     Emmanuel Bello     Odolaye Aremu     Omu Aran     Yusuf Lanre Badmas     Zara Umar     Coalition Of Kwara North Groups     Innocent Okoye     Tunde Mukaila Mustapha     Yunus Oniboki     New Naira Notes     Senior Ibrahim Suleiman     Pacify Labs     Olomu Of Omu-Aran     Joshua Adeyemi Adimula     Nigeria Governors\' Forum     Valsolar Consultoria     Abubakar Kawu Baraje     Abdul Jimoh Mohammed     Magaji Are     Sanusi Abubakar     Musa Alhassan Buge     Saliu Ajia     Solomon Edoja     Babatunde Ajeigbe     Amusement Park     Olanrewju Okanlawon Musa     National Pilot     New Nigeria People’s Party     Funmilayo Isiaka Oniwa     Olubukola Kifayat Adedeji     Kpotum Mohammed Baba     Wasiu Onidugbe     Monthly Sanitation Exercise     Sidikat Uthman Ajibola     Salman Suleiman    

Cloud Tag: What's trending

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

Yusuf A. Usman     Dasuki Belgore     Kehinde Boyede     Afonja Descendants Union     Pakata Development Association     Omotosho     Dan-Kazeem     Adam Abdullahi Al-Ilory     Sulyman Atolagbe Alege     Diagnostic Centre     Hassan A. Saliu     Ibrahim Sulu Gambari     Magaji Are     Yusuf Amuda Gobir     PPS     Kisira     Paul Odama     ER-KANG     Olohungbebe     Sardauna Of Ilorin     CUTI     Shuaibu Yaman     Mamman Saba Jibril     Jamiu Oyawoye     Ilorin Water Reticulation     Yahaya Abdulkareem Babaita     Ibrahim Taiwo Road     Bond     Eghe Igbinehi     CCT     NSCIA     Elewu     Isiaq Khadeejah     Centre For Community Empowerment And Poverty Eradication     Michael Imoudu National Institute For Labour Studies     Kwara Coalition Of Business And Professional Associations     Abdullahi Dasilva Yussuf     Olokoba     Gabriel Fashanu     Femtech     Temitope Ogunbanke     Bola Magaji     Abdulmumin Yinka Ajia     Abdulbaqi Jimoh     Bello Taoheed Abubakar     Zaratu Umar     Folorunsho Erubu     ARMTI     Abdulazeez Uthman     Maryam A. Garuba     Okin Malt     Abubakar Atiku     Oke-Kura     Maigidasanma     Ganiyu Abolarin     Kawu Baraje     John Dara     Bayer AG     Sayomi     Abdulkadir Bolakale Sakariyah     Yaman     Kwara State Polytechnic     Umar Yakubu Jaja     Abubakar B.M     Albert Ogunsola     Sulyman Buhari     Alfa Belgore     JSSCE     David Adesina     Dar-Al-Handasah Consultants Ltd     Alloy Chukwuemeka     Prince Bola Ajibola     Ajeigbe     Gurei     Ahmed Alhasssan     Kwarareports     TESCOM 2025