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.

SUBEB     Joseph Alex Offorjama     Apado     Young Progressives Party     Ijagbo     Oba-Solagberu     Kwara Primary Health Care Development Agency     Baba Adini Of Kwara State     Muideen Olaniyi Alalade     IDPU     Esinniobiwa Quareeb     Balikis Jawondo     Royal FM     Olatunji Ayeni     Gbenga Awoyale     Monthly Sanitation Exercise     Kwara Pdp     Adeleke Ogungbe     Mohammed Danjuma     Olaiya Victor Mobolaji     Okin Biscuits     Yusuf A. Usman     Eleja     Maryam Nurudeen     Toun Okewale-Sonaiya     Olatunji Moronfoye     Kwara Politics     Markaz Arabic And Islamic Training Institute, Agege     Ayeyemi Sulaiman     Convocation Ceremonies     Kwara-SAPZ Project     Sheriff Olanrewaju     Mohammed Lawal     Durosinlohun Kawu     Ita-Nmo Market     Usman Yunusa     Ita-Ore     Fola Consultant     SSA Youth Engagement     Lanre Badmus     Dorcas Afeniforo     Read With Me     Saudat Abdulbaqi     Idowu Aremu     VADA     Oloje     Sola Saraki University     Isa Aremu     Christopher Odetunde     Samuel Adaramola     Rashidi Yekini     Adebayo Mohammed Kamaldeen     Owo Isowo     NIPOGA     AbdulQowiy Olododo     2017 Budget     Owu Fall     Falokun-Oja     Durbar Festival     Dan-Kazeem     Yusuf Lawal     Soffiyyallah Kamaldeen     Suleiman Alege Kuranga     NYSC     Communication Network Support Services     Ojo Isekuse     Jumoke Monsura Gafar     Muyideen Ajani Bello     Raheem Adaramaja     Muhammed Aliyu     Bello Taoheed Abubakar     Association Of Kwara State Online Media Practitioners     National Union Of Road Transport Workers     Rotimi Samuel Olujide     Gbadeyan Gbadura Yomi     Ogidi-Oloje     Jimoh Lambe Abdulkareem    

Cloud Tag: What's trending

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

MMWG     Kola Ologbondiyan     Solomon Edoja     Sola Saraki Educational Foundation     Just Law Forum     Dar-Al-Handasah Consultants Ltd     Saliu Mustapha     Kwara 2015     Ogidi-Oloje     Jelili Yusuf     United Nigeria Airline     Yaru     Yakubu Mohammed Abdullahi     Ilorin Water Reticulation     Oya State     V.O. Abioye     UNILORIN Alumni Association     Isiaka Saka Opobiyi     Special Adviser On Digital Innovation     Odo-Owa     Kamaldeen Gambari     Lanre Badmas     Adesoye College     Ambassador Kayode Laro     Abiodun Abdulkareem     Afin Descendants Union Of Odo-Owa     Fatimoh Lawal     SSA Youth Engagement     Arik     Amos Justus Sayo     Kwara State Pension Board     Otunba Taiwo Joseph     Kwara State Television (KWTV)     Temi Kolawole     Ibrahim Abdulkadir Abikan     Mahmud Ajeigbe     Ayinde Oki     Gbenga Awoyale     Mohammed Abdulahi     Jebba     Neuropsychiatric Hospital     Tafida Of Ilorin     HAMFAT Clinic And Maternity     Abdulkadir Akanbi-Oke     Sa\'adatu Modibbo-Kawu     Umar Gunu     Elelu     Aisha Ahman Pategi     Shehu Jimoh     Ronke Adeyemi     Gbemisola Saraki     Iyabo Adisa Ibiyeye     Otoge     Christian Association Of Nigeria     Abubakar Suleiman     Kwara State Sports Commission     Olaiya Zuberu     Ashiru     Al-Hikmah Radio     Kwara State University Of Education     N-Power     Iyeru Grammar School     Tosho Yaqub     Mohammed Abduraheem     Tayo Awodiji     Abdulhakeem Adelaja Amao     Osinbajo     Kale Ayo     Razaq Atunwa     Muhammed Akanbi     Kwara State Football Association     Kabir Shagaya     Isiaka Danmeromu     Afusat Nike Ibrahim     Olatunji Abdulmumeen     Muhammad Sirajo Aliyu     Ahman Pategi