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.

Government House     Kola Ologbondiyan     Obayomi Azeez     Voices Of Tomorrow     Funmi Salau     Lai Gobir     Kwara Consultative Forum     David Oyerinola Adedunmoye     Nagode     Saliu Mustapha     Abubakar Atiku     Universal Basic Education Commission     Prince Bola Ajibola     KWASEIC     Hamid Bobboyi     Maimunat Oniyangi     Bello Oyebanji     Balogun Gambari     JAMB     Wahab Femi Agbaje     Senior Staff Union Of Colleges Of Education     Atunwa     Muhammad-Mustapha Suleiman     Kunle Suleiman     Aliyu Adebayo     Isiaka Yusuf     Edu     Kwarareports     Babaloja-General     Academic Staff Union Of Universities     JAAC     Sanusi Abubakar     Apata Ajele Secondary School     Oko Erin     SGBN     Ridwan Agboola     Nigeria Foundation For Artificial Intelligence     FOMWAN     Aliyu Kora Sabi     Alagbado     Manzuma     Amule     Rihanat Ajia     Abdulwahab Oba     Omotoso     Sango-UITH Road     Abubakar Olusola Saraki     Sai Kayi     AIT Ilorin     Tsaragi/Share     Fawenu     Towoju     Bukola Saraki     Femi Oladiji     Afonja     Ilesha-Baruba     Abdulmutalib Shittu     Ajibola Ademola Julius     Garba Ado Sanni     Mumini Ishola Hanafi     Kwara State Football Association     Yetunde Balogun     Saadu Alanamu     Alaiye     Quran     Special Agro-Industrial Hub     Kwara State Government     Nigerian Medical Association     Vasolar Consortium     Federal Neuro-Psychiatric Hospital     AbdulRazaq Abubakar Jiddah     Adedipe     Raji Ayodele Kamaldeen     Alfa Yahaya Road     Seni Saraki     Chief Imam Of Ilorin     Gaa Olobi    

Cloud Tag: What's trending

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

Abdulwahab Oba     EndSARS     Chief Imam Of Offa     Muazam Nayaya     Majlis For Sadaqah, Zakat And Waqf     Yakubu Dogara     Kwara TV     Atunwa     George Innih     JAAC     Akanji     Gambari     Arinola Fatimoh Lawal     Oloyede     KFA     Oko     Kamoru Kadiri     Nigerian Supreme Council For Islamic Affairs     Magaji Are     UITH     Basic Education Certificate Examination     Veterinary Teaching Hospital     Hassan Oyeleke     Omupo     Olomu Of Omu-Aran     AbdulHamid Adi     Oya State     Risikat Lawal     CCEPE     Abdulazeez Uthman     Yusuf Lanre Badmus     Sheikh Ridhwanullah El-ilory     Ajibola Saliu Ajia     Usman Yunusa     ANCOPPS     Ayobami Akanbi     Kishira     Medview Airlines     Lithium Deposit     Majlis For Sadakah, Zakat And Waqf     Maryam A. Garuba     Okala Baba     Shao     Sobi FM     Quranic Recitation Competition     Saka Abimbola Isau     Valsolar-Kwara Company Limited     Gamji Members Association     Saliu Ajia     Omoniyi M. Ayinla     Third Estate     IsDB     UTME     Amusa Bello     Yahaya Seriki Gambari     Frootify     Dunmade     Oye Tinuoye     Kwha.gov.ng     Apado     KWASSIP     KWASIEC     Abdulkarim Adisa     Okin Group     Laduba     Illyasu Abdullahi     Anilelerin     CKNG     Bolakale Saka     Simeon Sule Ajibola     Aliyu Olatunji Ajanaku     Isaac Aderemi Kolawole     Funmilayo Braithwaite     Kwara State Printing And Publishing Corporation     Gurei     Minister     Kudirat Arinola Lawal