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.

Adamu Jemilat-Baki     Omotoso Musa     Mohammed Haruna     Kamaldeen Kehinde     Durbar     Muhammed Abdullahi     David Adesina     AIT Ilorin     Yusuf Amuda Gobir     Jaigbade Alao     Fatai Garuba Labaka     Elekoyangan     Abdulrasheed Lafia     Mansurat Amuda-Kannike     Saadu Yusuf     Olatinwo     Arik     Oko-Olowo     Galadima     Kayode Alabi     Baba Idris     All Confederation Of Principals Of Secondary Schools     Victor Gbenga Yusuf     National Broadcasting Commission     Oba Abdulkadir La\'aro     Haashim Initiative For Community Advancement     NIPR     Yakubu Gobir     Abubakar Bature Sulu-Gambari     Moses Afolayan     Ibrahim Gambari     Olaitan Buraimoh     Ganmo     Pakata Patriots     Olayinka Are     Malete     Adamu B. Yaqubu     Kayode Oyin Zubair     Ilorin Like-Minds     Salman Alada     CCB     GANZY     AbdulFatai Adeniyi Dan-Kazeem     AGILE Programme     Adamu Atta     Garba Idris Ajia     Dankaka     Elerin Of Erin-Ile     Omupo     Deji Ajani     Siraj Oyewale     Sheikh Ariyibi     National Union Of Road Transport Workers     Kudirat Arinola Lawal     Amoyo     Islamic Development Bank     Forgo Battery Company Limited     National Party Of Nigeria     ASMAU PLAZA     HAMFAT Clinic And Maternity     Yusuf Lanre Badmus     Mustapha AbdulGaniyu     Alaiye     Joshua Adeyemi Adimula     Ashiru     Tafida     Saheed Alakoso     Lawal Arinola Kudirat     Labaeka     Yusuf Abdulraheem     Irepodun     Balogun Gambari     Sobi FM     Yusuf Amuda Abubakar     Shehu Alimi Foundation     Suleiman Rotimi Iliasu     Afeyin-Olukuta    

Cloud Tag: What's trending

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

Aishat Sulu-Gambari     Clara Nwachukwu     Kwara State Football Association     Students Union Government     Saadatu Modibbo-Kawu     LAK Jimoh     Ahmed Alhasssan     Salary     Roheemat Hammed     Elerin Of Adanla Irese     Moremi High School     Abdulrazaq Akorede     Ilorin Muslim Community     Ilorin Metro Park     Senior Staff Union Of Colleges Of Education     George Funsho Adebayo     ENetSuD     Muhammed Danjuma     Sun Qing Rong     Afolabi-Oshatimehin Adenike Harriet     Oloje     Revenue Court     Damilola Yusuf Adelodun     Hydroelectric Power Producing Areas Development Commission     Okanlawon Taiwo     Kawu Baraje     Lafiagi     Alaaya     Raheem Adaramaja     Yusuf Olaolu Ali     Emir Of Kano     Ibrahim Oniye     Garba Ayodele Wahab     Olaiya Zuberu     Obuh     Ibrahim Gambari     Yusuf A. Usman     Suleiman Ajadi     Hussein Oloyede     JUSUN     Kwara Teaching Service Commission     07039448763     Aremu Bose Deborah     School Of Nursing     Daud Adeshola     Ahmed Bayero     Plat Technologies     Yusuf Lawal     Amos Bajeh     Igbaja     Oniye     Arca Santa     KWASAA     Age AbdulKareem     Wahab Kunle Shittu     Kwara State Infrastructure Development Fund     Kayode Oyin Zubair     Olatunde Jare     Jawondo     KWIRS     Mohammed Jimoh Faworaja     Senate     Oko Erin     PAACO-PCL Consortium     Federal Road Maintenance Agency     AbdulRasaq Abdulmajeed Alaro     Taofik Abdulkareem Babaita     LABTOP     Ekiti     Prince Sunday Fagbemi     ER-KANG     Ayodele Olaosebikan     Ilorin West/Asa Federal Constituency     David Oyedepo     Baba Issa     Shao     Charles Ibitoye