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.

Oko-Erin     March 28     Ilorin Metro Park     AbdulGaniyu Kareem     Abdulwahab Olarewaju Issa     Kwara State Council Of Chiefs     Ishaq Abdulkarim     T And K FOODS     Shettima     Lotus Bank     Folaranmi Aro     JSSCE     Abubakar Ndakene     Apaokagi     Amos Bajeh     Hakeem Idris     Kola Ologbondiyan     John Olajide Adedipe     Isiaka Danmeromu     Bature Bello     Abdulkadir Remi Hawawu     Isiaka Rafiu Mope     Sa\'adu Salau     Kulende-UITH     Ballah     Imodoye Writer’s Enclave     Just Law Forum     Saeedat Aliyu     Facebook     Sunday Otokiti     Olubukola Kifayat Adedeji     Toyin Olayinka Tejidini     Kudirat Arinola Lawal     Aisha Gobir     MAI Akande     Forgo Battery     Jumoke F. Ajao     Oni Adebayo     Abdulquowiyu Olododo     Olatunde Oyeyiola     Alapado     Afin Descendants Union Of Odo-Owa     Apata Ajele Secondary School     Kwara State Branch Of The National Library     Sun Qing Rong     Yunus Oniboki     Okala Baba     Ella Supreme Tissue Paper     Abdulquawiy Olododo     Adamu Attah     Maigida     Special Agro-industrial Processing Zone     Adamu B. Yaqubu     Ilorin.Info     Razaq Ayobami Akanbi     Minister     KWSIEC     Saka Abimbola Isau     Code Of Conduct     Ahmad Belgore     Federal Polytechnic Offa     Dauda Adesola     Revenue Court     Mohammed Saidu     Colleges Of Education Academic Staff Union     Iyabo Adewuyi     Volunteers Of Ilorin Community And The Emirate     Bello Abubakar     Belgore     Muhammed Akanbi     Muyiwa Oladipo Kanu     Awwal Jawondo     Kwara Consultative Forum     Abiodun Abdulkareem     Akanbi-Oke     Baruba     Akande Idowu Ayoola Muhammed    

Cloud Tag: What's trending

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

Olota Of Odo-Owa     Salau Kabiru Abdullahi     Haliru Yahaya     Ola Falade     Ilorin Water Reticulation     Hassanat Bello     Mogaji Aare     Towoju     Saudat Abdulbaqi     KWASSIP     Issa Memunat Moyosore     Raji Ayodele Kamaldeen     Abdulganiyu Salahudeen     Raji AbdulRasaq     Siddiq Adebayo Idowu Salawu     Alaaya     Oloye     Hamza Usman     AbdulRazaq Jiddah     Soffiyyallah Kamaldeen     COEASU     Tsaragi-Share     Kaosarah Adeyi     Omotoso Musa     Opaleke Bukola Iyabo     Bisi Oyeleke     Bibire Ajape     Nigerian Medical Association     Laolu Saraki     V.O. Abioye     AbdulHakeem Ajibola Akanbi     PAACO-PCL Consortium     Kwara Pdp     AbdulQowiy Olododo     Offorjama     FOMWAN     Ayobola Ipinlaiye     Al-Hikmah University     Sunset Workers     Alfa Yahaya Road     Omotosho     Mufutau Gbadamosi Esuwoye     Ibrahim Taiwo Road     Seni Saraki     Kamaldeen Kehinde     Ojo Fadumila     Okin Biscuits     Ibrahim Orire     Eghe Igbinehi     Rotimi Oyedepo     Gambari     George Funsho Adebayo     Ayinke Saka     Wahab Kunle Shittu     Ramadan     BIR     Kwara 2015     Oke Sunna     Lawal Jimoh     Yunus Lawal     Yetunde Balogun     Joseph Yemi Ajayi     Neo Mundo Ltd     Olabode George Towoju     Iyiola Oyedepo     Olusola Saraki     Abdulrazaq Adebayo     Hakeem Idris     Federal Neuro-Psychiatric Hospital     Federal Road Maintenance Agency     Bello John Olanrewaju     Twitter     Ilorin Talaka Parapo     Christian Association Of Nigeria     Samuel Adaramola     Yaru     Ayedun