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.

Alikinla     Gbemisola Saraki     Barakat Community Secondary School     Yakubu Mohammed Abdullahi     JSSCE     Sa\'adu Salau     Simon Sayomi     Amule     Innocent Okoye     AbdulGafar Tosho     Rapheal Ashaolu     Taofeek Ibraheem     Tinubu     Oniye     Salmon Babatunde Salmon     Belgore     Ella Supreme Tissue Paper     Noah Yusuf     Universal Basic Education Commission     Turaki     Pilgrims Board     Owu Fall     Raimi Iyanda     Javed Khan     Funmilayo Isiaka Oniwa     Aasiyat Bello Oyedepo     Just Law Forum     Quran     Lawan     Bello John Olanrewaju     Cornelius Adebayo     National Pilot     Ilorin West/Asa Federal Constituency     Abdulkarim Adisa     Abdulquowiyu Olododo     Al-Hikmah Radio     Kunle Akogun     Abdulwahab Oba     Ahmed \'Lateef     Oyeyemi Olasumbo Florence     TVC Female National Debate     Ridhwanullah Al-Ilory     Offa     Fatimah Abdulkadir     Abdulfatai Salman Baakini     A.G.F Abdulrasaq     Standard Organization Of Nigeria     Kwara Volleyball Association     Adesoye College     Alfa Belgore     Isiaka AbdulRazaq     NSCIA     Musa Alhassan Buge     Abdullahi Dasilva Yussuf     Jumoke Monsura Gafar     Age AbdulKareem     Zulkifli Ibraheem     Gobir Organization Foundation     James Kolo     Umaru Saro     Oladipo Akanmu Tolani     Allocation     SWAN     Lotus Bank     Wahab Femi Agbaje     Abdulraufu Mustapha     Shuaibu Yaman     Maryam Ado Bayero     Abikan     Abdulkadir Orire     Michael Imoudu National Institute For Labour Studies     Olatunde Olukoya     Lawal Olohungbebe     Tayo Awodiji     Kwara State Government     Bayo Ajia     Erubu Oba Zubair    

Cloud Tag: What's trending

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

Council Of The Wise     Bilikisu Oniyangi     Mohammed Tunde-Jimoh     Tunji Oyawoye     Mutawalle     Mashood Abdulrafiu Agboola     Ejidongari     Kwara State Television (KWTV)     College Of Arabic And Islamic Legal Studies     Ghali Muhammed     Ishak Mohammed Sabi     Magaji Nda     Idris Amosa Saidu     Odolaye Aremu     Ajibola Ademola Julius     Olupako Of Share     Ahmed     Muftau Akanbi Oke     PAACO-PCL Consortium     SDP     Umar Adelodun     Lucky Omoluwa     Bamidele Adegoke Oladimeji     Veterinary Teaching Hospital     Lawyers Unite Against Corruption     Ebun-Olu Adegboruwa     Aliyu Sabi     Binta Sulyman     Abikan     Olaoye B. Felix     Agor     Ayobami Akanbi     Olomu Of Omu-Aran     Yusuf Amuda Aluko     Muslim Cementary     Moshood Mustapha     Olomu     Abdulahi Abubakar Bata     Baba Idris     Ilesha-Gwanara     Ola Falade     Iyabo Adisa Ibiyeye     GAMA     AbdulRazaq Abubakar Jiddah     Segun Ogunsola     Kwarareports.com     Kwara-SAPZ Project     Issa Baba     AbdulHamid Adi     Mansurat Amuda-Kannike     Kwara Apc     Toyin Olayinka Tejidini     Sheriff Shagaya     Aminu Ado Bayero     Kwasu     Kolawole Akande     Idi-Ape     NAWOJ     Pategi     Abdullahi Biffo     Mujtabah Bature     Atiku Abubakar     Eleja     Ahmad Olayiwola Kamaldeen     Unicontinental Construction Company     Memunat Monsuma     Abdulmajeed Abdullahi     Irepodun     Bello Bature     Lateef Alagbonsi     Osinbajo     Jamiu Oyawoye     Curfew     Abdullahi Imam Abdullahi     Kola Bukoye     C2c@kwarastate.gov.ng     Kwara South