UPDATED: Court orders forfeiture of Saraki’s Ikoyi houses

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Oladimeji Ramon
The Federal High Court in Lagos on Monday ordered the forfeiture of two properties in Ikoyi belonging to former Kwara State governor and ex – Senate President , Bukola Saraki.
Justice Mohammed Liman made the temporary forfeiture order following an ex parte application by the Economic and Financial Crimes Commission.
The EFCC said the landed property “ lying and known as No. 17A McDonald Road , Ikoyi , ” was reasonably suspected to have been acquired with proceeds of unlawful activity.
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It alleged in a supporting affidavit that Saraki, who served two terms as Kwara State Governor between 2003 and 2011 , “ withdrew over N 12bn 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, Nnaemeka Omewa, said the court was empowered to order the temporary forfeiture of the landed asset to the Federal Government .
Justice Liman agreed with him .
After ordering the temporary forfeiture of the property, the judge directed the EFCC to publish the order in a national newspaper .
He gave 14 days for Saraki or anyone interested in the property to appear before him to show cause why the property should not be permanently forfeited to the Federal Government .
https://punchng.com/breaking-court-orders-forfeiture-of-sarakis-ikoyi-houses/#

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