Court orders forfeiture of Saraki's Ikoyi property
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Saka Abimbola Isau Sulaiman Gado Abikan Sherif Shagaya Halimat Yusuf Kuliyan Geri Oyun Tunde Mukaila Mustapha Amos Justus Sayo Sardauna Of Ilorin Emir Of Yashikira Musa Aibinu Danladi Ayegbeni Amina El-Imam Yusuf Abdulwahab Mohammed Halidu Ajikobi Sabitiyu Grillo Yoonus Kola Olatinwo Kisra Tunji Folami Omu-aran Olabanji Orilonishe Yusuf Abdulkadir Isin Suleiman Rotimi Iliasu Apaokagi Hydroelectric Power Producing Areas Development Commission Public Holiday Abdulrazaq Akorede Abdullahi Adisa Akodudu Titus Ashaolu Bamidele Adegoke Ganmo Power Sub-Station Sam Okaula Marufat Oladosu Tunji Arosanyin Siraj Oyewale Ayinde Oyepitan Bukola Saraki Elesie Of Esie Geri-Alimi Split Diamond Interchange Abraysports FC Ishaq Oloyede Ilorin West/Asa Federal Constituency JSSCE Senior Special Assistant On Student Affairs Zara Umar Asiwaju Bola Tinubu Idowu Laro Age AbdulKareem Ope Saraki Mansur Alfanla Diagnostic Centre Kubra Kazum SGBN Aliyu Salihu Shehu Alimi Foundation Sabi Issa Manzuma Suleiman Yahya Alapansapa Dankaka Muhammad Akande Olarewaju Odunade Kudirat Arinola Lawal Earlyon Technologies Abdulkareem Alabi Muslim Media Watch Group Of Nigeria Sola Saraki Educational Foundation Oniyangi Khadijat Ayoola Yusuf Fatai Adeniyi Garba Hameed Oladipupo Ali Okasanmi Ajayi Moses Rahman Popoola Wahab Abayawo Simeon Sule Ajibola

