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.

Oye Tinuoye     IsDB     Ubandoma Of Ilorin     Khadijat Ayoola Yusuf     Oladimeji Thompson     Ogbondoroko     Federal Road Maintenance Agency     Salihu Yahaya     Saka Keji     Omotoso     Ayodele Shittu     AbdulRazaq Abubakar Jiddah     Ahmad Ali     Ile Arugbo     Na\'Allah     Umar Danladi Shero     Alfa Modibo Belgore     Abubakar Suleiman     Sherif Sagaya     NYSC     Jide Oyinloye     UNILORIN Alumni     Issa Oloruntogun     Ajikobi     Obasanjo     Ijakadi     Moro     Edu     VADA     Tosho Yaqub     Rex Olawoye     Folorunsho Alao     Pakata Development Association     Oasis Muslim Care Foundation     Park     Sulu Babaita Isiaka     Yahaya Muhammad     General Hospital     UTME     Vasolar-Kwara Company Ltd     Bola Magaji     Musa Abdullahi     Pategi     SSUCOEN     Suleiman Yahya Alapansapa     Apaokagi     Ethical College     Senior Ibrahim Suleiman     Kunle Okeowo     Tsaragi     Yusuf Lanre Badmas     Olabode George Towoju     Ibrahim Kayode Adeyemi     Mohammed Abdulahi     Ibrahim Abiodun     Tsaragi/Share     Alore     Sidikat Alaya     Abdullahi Adisa Akodudu     Abdulbaqi Jimoh     Oloruntoyosi Thomas     KWTV     Kwabes     Ojo Fadumila     Jeunkunu-Malete-Bani     KWSIEC     Zainab Abass     Crystal Corner Shops     C2c@kwarastate.gov.ng     Oloje     Abdulkareem Alabi     Tinubu     Eleja     Markaz Arabic And Islamic Training Institute, Agege     Esuwoye     Muhammed Aliyu     IHS    

Cloud Tag: What's trending

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

Umaru Saro     Prince Mahe Abdulkadir     Kupchi Hosea Maxwell     Atiku     Durbar     Abdulmumini Jawondo     NITDA     Bayo Ojo     Folajimi Aleshinloye     Funmilayo Zubair     Government House     Suleiman Rotimi Iliasu     Arca Santa     Ilorin     Sa\'adu Gambari     Ilorin Innovation Hub     Aliyu U. Tilde     International Vocational Centre     JSSCE     Offa Grammer School     Toyin Olayinka Tejidini     Usman Yunusa     State Bureau Of Internal Revenue     Gambari     Kolade Solagberu     Kale Belgore     Kwasu     Coronavirus     Tosho Yaqub     Muhammad Fawaz Abubakar     SSUCOEN     Owo Isowo     Isiaka Rafiu Mope     Abubakar Atiku     Oro Grammar School Old Students Association     Elerin Of Adanla     Oba Abdulkadir La\'aro     Henry Olaosebikan     Ezekiel Yissa Benjamin     Lukman Oyebanji Fagbemi     Ilorin Like-Minds     Olatunji Abdulmumeen     Sunday Otokiti     Shettima Of Ilorin     Sola Saraki University     Bureau Of Lands     Amule     Agbarere     Mujtabah Bature     Memunat Monsuma     Amada Jidda     Bamikole Omishore     Ilorin South     Yahaya Muhammad     Taofeeq Olateju     Asa     Michael Imoudu National Institute For Labour Studies     Omupo     Maimunat Oniyangi     Yaru     Michael Ologundea     Barakat Community Secondary School     Seed Technologies     Emir Of Shonga     Mohammed Jimoh Faworaja     Joshua Adeyemi Adimula     Sunday Popo-Ola     NIPOGA     Arandun     Ganmo Electricity Sub-Station     Oba David Oyerinola Adedunmoye     Jide Oyinloye     IHS     Wasiu Onidugbe     Bola Iyabo Ibiyeye Adisa     Titus Ashaolu     Garba Ayodele Wahab