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.

Sadiq Umar     Otoge     Shettima Of Ilorin     Peter Amogbonjaye     Olatunde Oyeyiola     Rebecca Bake     Quareeb Islamic Association     Taofeeq Olateju     Kunle Akogun     KFA     Dunmade     Ramadhan     Lawal Olohungbebe     Christopher Odetunde     Roheemat Hammed     Kayode Ishola     Mohammed Ajia Ibrahim     Moses Salami     Muslim Media Watch Group Of Nigeria     Adama Isa     Agbarere     Olatunji Moronfoye     Yahaya Oloriegbe     Arinola Fatimoh Lawal     Shehu Alimi Foundation     Shola Odetundun     Kwara 2023     Ebola     Surajudeen Akanbi     Suleiman Ajadi     Gwanara     Abdulmutalib Shittu     Ganmo Electricity Sub-Station     Adamu Atta     State Bureau Of Internal Revenue     Kuliyan Geri     Atunwa     Bayo Ajia     Babs Iwarere     Falokun-Oja     Borgu     Sheriff Shagaya     Vasolar Consortium     Muhammed Danjuma     Oasis Muslim Care Foundation     Gaa Olobi     Akanbi-Oke     Isapa     New Model Police Station     Ilorin General Hospital     Ganiyu Abolarin     Nigeria Association Of Women Journalists     Abdullahi Imam Abdullahi     Ayo Salami     Kwara Coalition Of Business And Professional Associations     Lithium Deposit     Isiaka Alikinla     Paul Olawoore     Lola Ashiru     KWATMA     TETFUND     Pategi     Ramat Oganija     Kwara State Television     Wasiu Odewale     Aliyu Olatunji Ajanaku     Sheriff Olanrewaju     Coalition Of Kwara North Groups     Abdulquawiy Olododo     07039448763     Issa Baba     Sarafadeen Kayode Akorede     Taofik Mustapha     Umar Danladi Shero     Abdulrasaq Alaro     Bola Tinubu     Ijagbo Health Centre    

Cloud Tag: What's trending

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

Kwara Teaching Service Commission     Quareeb Islamic Association     Maimunat Oloriegbe     Taibat Ayinke Ahmed     Okanlawon Taiwo     Prince Mahe Abdulkadir     Kwara State University Of Education     AbdulRauf Keji     Arik     Seed Technologies     Sidikat Akaje     Shehu Raheem Adaramaja     NIPR     Abegunde Goke     Saka Isau     Radio SBS     Onikijipa     Ganmo Electricity Sub-Station     Oba David Oyerinola Adedunmoye     Mope Dasuki Belgore     Oko-Erin     KWACOBPA     ANCOPPS     Olota Of Odo-Owa     Abdullahi Adisa Akodudu     Aremu Odolaye     Kwara State Pension Board     Admiralty Villa     Muhammed Abdullahi     Kwara TV     Salihu Yahaya     Musa Ayinla Yeketi     Clara Nwachukwu     International Vocational Centre     Kassim Babamale     Patience Jonathan     Bibire Ajape     New Model Police Station     Adedayo Yusuf Abdulkareem     Dumagi     General Hospital, Ilorin     Baba Issa     Ijagbo Health Centre     Economic And Financial Crimes Commission     Dan Iya     Shero     Omotoso     IsDB     Sulu Gambari     Durbar     Arinola Lawal     Abdullahi G. Mohammad     Marafan Shonga     Yakubu Danladi     David Oyepinola Adedumoye     Dorcas Afeniforo     Kwara Politics     Bello Taoheed Abubakar     Michael Ologundea     Seni Saraki     Akom Construction And Engineering Synergy Ltd     SAPZ Project     Afeyin-Olukuta     Olatunji Moronfoye     Henry Olaosebikan     Emir Of Ilorin     Abatemi Usman     Ibikunle Ogunleye     Ahmed \'Lateef     Sulyman Atolagbe Alege     Prince Sunday Fagbemi     Ilorin Descendants Progressive Union     Teachers Specific Allowance     Kwara Restoration Project     LAK Jimoh     Rebecca Bake     Hassan A. Saliu