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.

CACOVID Palliatives     Ilorin.Info     Adeola Abraham     Amule Elementary School     Kamaldeen Kehinde     Sarkin Malamai     Kaosarah Adeyi     Opobiyi     Senior Ibrahim Suleiman     Adamu Ibrahim Sabi     Nigeria Computer Society     Isiaka Oniwa     CLAY POT     IQRA College     Yashikira     Share/Tsaragi     Bola Olukoju     Jamiu Oyawoye     Sa\'adu Gambari     Is\'haq Modibbo Kawu     Abdulmumini Sanni Jawondo     Kishira     Wahab Olasupo Egbewole     Oba Of Jebba     Saka Saadu     Babatunde Ajeigbe     Tunde Yusuf     Alaiye     Ajikobi     Arinola Lawal     Ramadan     National Democratic Congress     Tunde Oyawoye     Ayobola Ipinlaiye     IESA     Marafan Shonga     Joseph Alex Offorjama     Abdulwaheed Musa     Oluronke Adeyemi     Suleiman Idris     Rasaq Jimoh     Salihu Ajia     Olofa Of Offa     Bashiru Makama     Ayodele Shittu     Yusuf Ibitokun Sherifat     Lawyers Unite Against Corruption     Tunde Idiagbon Road     Ibrahim Abikan     Oba Abdulrahim     Muritala Awodun     School Of Nursing     Ghali Alaaya     A.E. Afolabi     Isiaq Khadeejah     Idiagbon     Abdulkadir Akanbi-Oke     Javed Khan     Amule     Olatunji Moronfoye     Abdulrazaq Sanni     Kayode Bankole     Olatunji Ibrahim     Abdulquawiy Olododo     Idofin     Mustapha Olanipekun     State Bureau Of Internal Revenue     Kawu     Olaiya Lawal     Geri-Alimi Split Diamond Interchange     Mohammed Danjuma     Salman Alada     Abdulwahab Ololele     Jide Oyinloye     Kayode Alabi     Yahaya Muhammad     Kunle Okeowo    

Cloud Tag: What's trending

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

Olusegun Adeniyi     KWASEIC     David Oyedepo     Ali Ahmad     Mashood Dauda     Salihu Jibril Garbi     Olabimpe Olani     Obuh     Sardauna Of Ilorin     AIT Ilorin     AbdulRazaq Jiddah     Bolaji Gambari     Risikat Lawal     Ojo Isekuse     Kayode Yusuf     Ajike People Support Centre     IHS Towers     AbdulFatai Adeniyi Dan-Kazeem     Akom Construction And Engineering Synergy Ltd     Kwara 2015     Kumbi Titiloye     FOMWAN     General Hospital     UITH     Presidential Election     Mohammed Tunde-Jimoh     Akorede     Olaoye B. Felix     ER-KANG     Imam Gambari     Muhammadu Buhari     Umar Adelodun     Orire     Standard Organization Of Nigeria     Arinola Fatimoh Lawal     Medinat Folorunsho Salman     Women For Change And Development Initiative     Fulani     Sola Saraki Educational Foundation     Emir Of Ilorin     Ijagbo     Ubandoma     Communication Network Support Services     Oba Abu     Mohammed Haruna     Funmilayo Braithwaite     Abioye Bello     Yusuf Lanre Badmas     Yusuf Abdulraheem     John Kehinde Salako     Elekoyangan     Belgore     National Association Of Nigerian Students     Ramadan     Umar Ahmed Gunu     Ogidi-Oloje     Akeem Olatunji     Shagari     Samuel Olusegun Adedayo     Sabitiyu Grillo     CLAY POT     Gbugbu     Emmanuel Olatunji Adesoye     JUSUN     Lateef Alagbonsi     Isaac Aderemi Kolawole     Olofa Of Offa     Lanwa     Toun Okewale-Sonaiya     Saheed Alakoso     Illyasu Abdullahi     Ibrahim Abiodun     Makama     Dan Iya Of Ilorin     Saudat Abdulbaqi     Abubakar Imam     Omupo