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.

Yusuf AbdulRasheed     Mubarak Oladosu     Bashirat Bola Bello     Nigeria Computer Society     United Nigeria Congress Party     Federal Neuro-Psychiatric Hospital     Malete     Paul Olawoore     Mahmud Babatunde Baker     Ebun-Olu Adegboruwa     Share-Tsaragi     Bolaji Abdullahi     Umar Ahmed Gunu     College Of Education     Khadijat Ayoola Yusuf     Ayekale     LAK Jimoh     Chartered Institute Of Personnel Management Of Nigeria     Ajibola Ademola Julius     Bond     Balogun Gambari     Gbenga Awoyale     Muslim Cementary     Press Release     Idris Amosa Oladipo Saidu     Saadu Yusuf     Maigida     Eruku     Sam Okaula     ASMAU PLAZA     Balogun Fulani     Sherif Shagaya     Quarry Royal Valley     Abdulkadir Orire     Ganmo Power Sub-Station     Tosin Saraki     Idowu Aremu     Suleiman Idris     Col. Adedipe     Ahmad Olayiwola Kamaldeen     Hydro-electric Power Producing Areas Development Commission     Abdulmutalib Shittu     UTME     Imodoye Writer’s Enclave     Haleeman Salman     Olomu Of Omu-Aran     Jide Ashonibare     Arandun     Jaiz Bank     Ilorin Central Mosque     Apaokagi     Lawan     Azeez Salawu     Kola Ologbondiyan     Adedipe     Sardauna Of Ilorin     Busari Alabi Alausa     Bayo Mohammed Onimode     Ilorin Water Reticulation     Nnazua     Monkey Pox     Kawu     Omoniyi     Hijab     Abdulrazaq Adebayo     Abdulrasaq Alaro     Muhammad Akande Olarewaju Odunade     Madawaki Of Ilorin     Garba Dogo     Igosun     Muhammed Aliyu     Ladi Hassan     N-Power     Mary Kemi Adeosun     Akom Construction And Engineering Synergy Ltd     Iqra Books     Gbemi Saraki    

Cloud Tag: What's trending

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

Bayer Nigeria Limited     Moronfoye     Saad Omo\'ya     Abubakar Aliagan     Kayode Ishola     Orisa Bridge     Paul Odama     Falokun-Oja     Kwara TV     Bola Tinubu     Orisun Igbomina     Alimi     A.O. Belgore     Saad Omo Iya     Kamoru Kadiri     Oye Tinuoye     Hikmah AbdulKareem     Oke-Kura     Kwabes     Bisi Kristien     Garuba Alikinla Shittu     Jeunkunu-Malete-Bani     Joshua Adeyemi Adimula     Abdulrahman Abdulrasak     Owu Fall     Code Of Conduct Bureau     Bibire Ajape     Age AbdulKareem     AbdulRasaq Abdulmajeed Alaro     Basic Education Certificate Examination     Ibrahim Abdulqadir Abikan     Funmilayo Zubair     Bello Oyedepo     Yusuf Babatunde Abdulwahab     Yusuf Amuda Gobir     Kwasu     Maryam Nurudeen     Samuel Olusegun Adedayo     Saliu Oluwole     Bello Taoheed Abubakar     Kwara Metro Park     Labaeka     Yemi Osinbajo     AbdulKareem Yusuf Danhawa     Yusuf Abdulwahab     University Road     Rafiu Ibrahim     Ibrahim Abiodun     Valsolar Consultoria     Olusola Saraki     Oba-Solagberu     Suleman Abubakar     Geri-Alimi Split Diamond Interchange     Salihu S. Yaru     Kawu     Sebastine Obasi     Demola Banu     Iyabo Adewuyi     Olayinka Are     Ilorin Emirate Stakeholders Forum     Al-Hikmah University     Sadiq Buhari     Wale Oladepo     Jani Ibrahim     Tosho Yaqub     Convocation Ceremonies     Federal Polytechnic Offa     Vasolar Consultoria     Ayotunde Emmanuel Alao     V.O. Abioye     Tunde Akanbi     Amada Jidda     Idris Garuba     Sarah Jubril     Tsado Manman     Garba Idris Ajia     Gbadeyan Gbadura Yomi